Afreximbank (African Export–Import Bank)
Egypt
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Abbreviation of different words in financial institute
Bankers Of the Article Abbreviation of different words in financial institute Abbreviation of different words in financial institute? Abbreviation : CRISEL = Credit Rating Information’s and Services Limited CRAB = Credit Rating Agency of Bangladesh NCRL = National Credit Rating Limited […]
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TYPES OF CREDIT ACTIVITIES
Bankers Of the Article TYPES OF CREDIT ACTIVITIES Depending on the various nature of financing, all the lending activities have been brought under the following major heads: Loan (General) : Short term, Medium term & Long term loans allowed to individual/firm/industries for a specific purpose […]
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e-GP & Issuance of Bank Guarantee?
Bankers Of the Article e-GP & Issuance of Bank Guarantee? Background Infrastructure development of country and Work Order/Contractor Financing run parallely. It is one of the most lucrative financing mode in the banking arena. Because it generates both funded and non-funded revenue. Majority of Infrastructure development work are done […]
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Guidelines on Internal Credit Risk Rating (ICRR) system for banks
Bankers Of the Article Guidelines on Internal Credit Risk Rating (ICRR) system for banks Background of Internal Credit Risk Rating System Lending Risk Analysis (LRA)- 1993 Credit Risk Grading (CRG) 2005 Internal Credit Risk Rating System 2018 Background of Internal Credit Risk Rating System Prepared for […]
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What is URC?-What is URR?-What is ACU?-Transportation-Import Finance by Islami Bank?
Bankers Of the Article What is URC?-What is URR?-What is ACU?-Transportation-Import Finance by Islami Bank? What is URC? URC means Uniform Rules for Collection. Firstly the International Chamber of Commerce (ICC) published URC in 1956 and latestly revised URC, ICC publication No. 522 came into force from 01.1.1996. […]
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Major Discrepancies-IRC-ICC-Procedure Retirement etc.
Bankers Of the Article Major Discrepancies-IRC-ICC-Procedure Retirement etc. Write the common major discrepancies those to be checked on receiving Export/Import documents Common discrepancies: a) Claused (unclean) Bill of Lading b) Charter party B/L (unless stipulated in the L/C) c) Full set of B/L not presented d) Bill of Lading […]
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Points to be checked while scrutinizing the shipping documents-Foreign Exchange etc.
Bankers Of the Article Points to be checked while scrutinizing the shipping documents-Foreign Exchange Points to be checked while scrutinizing the shipping documents: 1. Forwarding Schedule of the Negotiating Bank: Whether there is any discrepancy mentioned in it. Whether there is any […]
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Foreign Exchange-International Trade Payment Methods – Domestic and International regulations
Bankers Of the Article Foreign Exchange-International Trade Payment Methods – Domestic and International regulations What do you mean by Foreign Exchange? Foreign currency refers to the process or mechanism by which the currency of one country is converted into the currency of another country. Foreign exchange means converts currency […]
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