About Us

CIB Finance offers a wide range of import services, delivered by our experienced trade team. Our in-depth experience/expertise has enabled us to build a trusted and reliable relationship with our clients. Moreover, with a vast international correspondent banking network supporting us, rest assured that we are available to assist you, wherever in the world you do business.

Our innovative tailor made short, medium and long-term trade finance solutions have enabled us to meet our clients import and export needs in a timely, efficient and risk averse manner.

About Us

CIB Finance offers a wide range of import services, delivered by our experienced trade team. Our in-depth experience/expertise has enabled us to build a trusted and reliable relationship with our clients. Moreover, with a vast international correspondent banking network supporting us, rest assured that we are available to assist you, wherever in the world you do business.

Our innovative tailor made short, medium and long-term trade finance solutions have enabled us to meet our clients import and export needs in a timely, efficient and risk averse manner.

Letter of Credit

Letter of Credit means: Any arrangement, however named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation.

Process

Types

Availability

Letter of Credit

Letter of Credit means: Any arrangement, however named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation.

Process

Types

Availability

Services

Principle

Letter of Credit means: Any arrangement, however named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation.

Principle

SBLC is a bank guarantee in LC format. As banks in US were not allowed to issue guarantees, US banks as an alternative, amended the format of guarantee slightly to adopt to a Letter of Credit 

Principle

Guarantee or Demand Guarantee means: Any signed undertaking, however named or described, providing for payment on presentation of a complying demand. 

Principle

Commitment letters are contracts obtained by borrowers to assure the availability of financing from a lead lender. Borrowers may need commitment…

Principle

At CIB we offer comprehensive private banking solutions to our high net worth customers. With a unique approach, the management of your wealth is viewed at totality and professionally 

Principle

Factoring – the supplier sells his receivables in the form of invoice to the factor, who makes an advance payment of 60-85% of the receivable amount.

Principle

A Documentary Collection is the collection of a sum of money due from a buyer to a bank against delivery of shipping documents.

Principle

FIB Finance arranges Investment banking facilities through its group companies/banks.

Services

Principle

Letter of Credit means: Any arrangement, however named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation.

Principle

SBLC is a bank guarantee in LC format. As banks in US were not allowed to issue guarantees, US banks as an alternative, amended the format of guarantee slightly to adopt to a Letter of Credit 

Principle

Guarantee or Demand Guarantee means: Any signed undertaking, however named or described, providing for payment on presentation of a complying demand. 

Principle

Commitment letters are contracts obtained by borrowers to assure the availability of financing from a lead lender. Borrowers may need commitment…

Principle

At CIB we offer comprehensive private banking solutions to our high net worth customers. With a unique approach, the management of your wealth is viewed at totality and professionally 

Principle

Factoring – the supplier sells his receivables in the form of invoice to the factor, who makes an advance payment of 60-85% of the receivable amount.

Principle

A Documentary Collection is the collection of a sum of money due from a buyer to a bank against delivery of shipping documents.

Principle

FIB Finance arranges Investment banking facilities through its group companies/banks.

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