CIMB Bank and China CITIC Bank announce new BPO transaction
13/07/2014CIMB Bank has announced that it became the first Malaysian bank to complete a BPO transaction. The transaction was completed in collaboration with China CITIC Bank. As a result, there are now 12 banks that can be considered "live BPO banks".
Recognising that there is no global standard for the defining Trade Finance, this Briefing document provides a suggested text and has been recommended for use by the ICC Banking Commisison Steering Committee...more
This briefing, focussing on the acceptance and rejection of amendments, describes the necessary process for the proper handling of tamendments and the best practices associated with determining their acceptance or rejection...more
