Archive for the ‘Bank’ Category
International Bank of Trade Improve
The director general of Cusec and CEO and international director of BMCE Bank International have signed an agreement to facilitate the financing of Spanish companies that want to break into new markets.
With this agreement guarantees BMCE Cusec International Bank (BMCE) the assumption of risk of default on commercial loans insured, while the bank agrees to facilitate the financing of commercial transactions hedged by Cusec.
The agreement is based on the service ‘Cusec-Funding’, which consists of the issuance by the credit insurer about digital certificates to its policyholders through which an analysis of national coverage that allows you to verify compliance safe conditions for invoices selected by the insured. Only bills that exceed this analysis will be part of the certificate issued by Cusec. In this way, says the company, BMCE have absolute confidence when taking certain credits. Furthermore, the insured may, by choice or BMCE a process of technical and commercial verification that can confirm the receipt of the invoice and the goods and services being sold.