Overview

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