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Tag: standby letter of credit

Popular Bank Instruments

Written by admin on January 13, 2021. Posted in Blog.

In our field of work there are two highly popular bank instruments. The Bank Guarantee and the Standby Letter of Credit. Both these instruments are used for monetisation purposes. What...

Today’s Standby Letter of Credit and Bank Guarantee are Tomorrows Saviours

Written by admin on January 7, 2021. Posted in Blog.

Credit facilities are becoming an endangered species. Banks are reducing the size of their loan books, resulting in many companies struggling to find access to credit facilities....