For years microcredit has been used as a tool to fight both poverty and gender inequality. However, over the years, many researchers have concluded the Microcredit might not be the miraculous solution to these issues.
GEORGIA. 2nd, August 2019. TBC Bank Group PLC (“TBC PLC”) announces that its subsidiary, JSC TBC Bank (“TBC Bank”), has signed a Continuing Agreement for Reimbursement of Trade Advances (“CARTA”) with Citibank.
We heard from ICC United Kingdom’s Chris Southworth, Professor Charles Debattista and David Lowe from the ICC Incoterms® 2020 Steering Committee. We hear about the importance of Incoterms® in international trade, why they are changing in 2020, and what businesses should be thinking about in order to prepare for these changes.
Letters of Credit are an involved subject. Bankers spend lots of time studying the various types and rules and regulations. “But hold on” I hear you say. I thought this article was entitled ‘Demystified.’ Well, for the typical importer or exporter dealing in individual transactions, they can be quite straightforward.