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Trade Finance Tag

30 Sep

Grand City Investment Limited provided $50m trade finance facility to CNTIC

Grand City Investment Limited provided $50m trade finance facility to CNTIC The facility will be used for a electricity generation project in rural Myanmar. Grand City Investment Limited (Hong Kong) has provided a $50m account receivable purchase facility to China National Technical Import & Export Corporation (CNTIC)...

05:49 / letter of credit / admin

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29 Sep

Standby Letter of Credit Definition

The Standby Letter of Credit is a prominent payment technique used in international trade. But what is a Standby Letter of Credit (SBLC)? How is it different from a Letter of Credit? How do issuance and notification of a Standby Letter of Credit work? … This...

21:48 / StandBy Letter of Credit (SBLC) / admin

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Trade Finance Tag

Grand City Investment Limited provided $50m trade finance facility to CNTIC

Standby Letter of Credit Definition

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