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Daily Archives: May 28, 2019

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Types of Guarantees offered by ECGC to the exporters

Foreign ExchangeBy Surendra NaikMay 28, 2019

ECGC is designed to guard exporters from the consequences of the payment risks, both political and commercial, which enables the exporters to expand their overseas business without fear of loss.   ECGC covers losses that may be incurred in extending loans by the banks and other financial intermediaries to exporters. The major forms of Guarantees offered…

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