Bank Guarantees
Bank guarantees are written irrevocable undertakings issued by the Bank to pay the beneficiary a
Shipment Finance
The Bank offers shipping finance to facilitate customers engaged in export and import trade. It c
Local Purchase Order (LPO) Finance
Short-term credit facility offered to the supplier for the purpose of mobilizing resources and su
Commodity Finance
This is a financing technique where by the commodity/good are placed at the custody and control o
Documentary Collections
Under Documentary Collections, the Bank facilitates trading of goods between parties and collecti
Structured Trade Finance
This is term used to describe various financing techniques or even restructuring techniques. I.e.
Letters of Credit
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
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Invoice Discounting
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
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