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Letters of Credit

ECGC and Corp Bank in bancassurance tie-up

Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it to have a bank that already sells products for another non-life company as corporate agent. Under existing IRDA guidelines a...

#bank#exports#guarantee

US expects decision soon on Iraq Trade Bank

Speaking on the sidelines of a conference on Iraqi reconstruction, Peter Saba, chief operating officer of the US Export-Import Bank,…

#bank#Boost#conference


Bajaj Allianz to enter credit insurance business

Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…

#Allianz#exporters#guarantee


CIT Commercial Services factoring relationship with fashion design house...

CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…

#CIT#CIT Commercial Services#Letters of Credit


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