Banks, export credit agencies (ECAs) and private insurance companies provide various types of financial services to their customers, like guarantees,

Numerous small- and medium-sized companies are under pressure to internationalise their businesses by exporting their goods or services to foreign markets.

The term trade finance is very general, and the best way to explain it may be to explain which parties participate in international trade transactions and their roles in such transactions.

The word ‘credit’ has various meanings and is used in various contexts. When used in international trade, the word ‘credit’ refers to…