Bank guarantees are written irrevocable undertakings issued by the Bank to pay the beneficiary a
The Bank offers shipping finance to facilitate customers engaged in export and import trade. It c
Short-term credit facility offered to the supplier for the purpose of mobilizing resources and su
This is a financing technique where by the commodity/good are placed at the custody and control o
Under Documentary Collections, the Bank facilitates trading of goods between parties and collecti
This is term used to describe various financing techniques or even restructuring techniques. I.e.
A Letter of Credit (LC) is an undertaking issued by the Bank (issuing Bank) for the account of the buyer (the applicant) to pay the beneficiary (seller), pro
Read More
Short-term facility where the Bank offers to pay a discounted amount against the invoice face value before the maturity date. The facility is offered to the
Read More