Trade Finance

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. Although international trade has been in existence for centuries, trade finance developed as a means of facilitating it further. The widespread use of trade finance is one of the factors that have contributed to the enormous growth of international trade in recent decades. Trade finance is of vital importance to the global economy, with the World Trade Organization estimating that 80 to 90% of global trade is reliant on this method of financing.

 

We can offer the following products and services in our trade finance solutions:

 

     • Letter of credit

     • Bank guarantee

     • Collection and discounting of bills