Innovations in Trade Financing Process of Commercial Bank
نویسندگان
چکیده
From the point of view of bank process reengineering theory, the paper focuses its discussion on definition and features of international trade financing based on the principles and requirements of financial innovation. Through the clarification for international trade financing process and comparison for ways of international trade financing under traditional trade settlement methods, trade financing process innovation has been fulfilled.
منابع مشابه
Financing World Trade
The international financial system has grown and evolved immensely over the past two decades. In the late 1950's the Eurocurrency market was only beginning to emerge, for all practical purposes there was no Eurobond market, and extensions of commercial credits were limited to the old commercial banking function of short term trade financing. All of that has changed. Total deposits in the Eurodo...
متن کاملModeling of the optimum level of financial provision of Ukrainian enterprises' innovative activities
The purpose of the article is the establishment of the tightness of the connection between the various sources of financing and the introduction of innovations at enterprises. In the process of research such scientific methods have been used: modeling – to determine the influence of the source of funding for innovation activities, on the number of new technological processes introduced and the ...
متن کاملCredit Financing, Financing Constraints and Enterprise Investment Efficiency: A Comparative Study of Manufacturing Enterprises in China and India
At present, there is no consensus in the literature concerning the influence of different credit financing on investment efficiency of enterprises, especially the lack of empirical evidence in developing countries. In this paper, based on the World Bank enterprise survey data, using the Heckman sample selection model, we study the effects of bank credit and trade credit on investment efficiency...
متن کاملFinancial Monitoring in the Bank as a Market Instrument in the Conditions of Innovative Development and Digitalization of Economy: Management and Legal Aspects of the Risk-Based Approach
The article examines foreign and domestic experience in organizing financial monitoring systems, systematizes the requirements for its implementation in Ukraine. The basic legal norms, enshrined in the joint directives of the European Parliament and of the Council of the EU, and underlying the national financial monitoring systems of the EU countries and Ukraine have been also analyzed. Taking ...
متن کاملManagement and governance of venture capital: A challenge for commercial bank
Venture capital (VC) improves the nation’s innovative capacity by making investments in early stage businesses that offer high potential but high risk. This paper is concerned with the venture investment fund programmes in Thailand. In particular, the study describes and analyses the VC management of the Small and Medium Enterprise Development Bank of Thailand (SME Bank), the bank set up to hel...
متن کامل