Discover how a performance bond guarantee can provide investors with peace of mind, reduce risks, and ensure the completion of construction projects according to contractual requirements.
Merchant International Bank Limited
Key Differences Between Bank Guarantees (BG) and Letter Of Credit (LC) Two widely utilised financial instruments are the Bank Guarantee (BG) and the Letter of Credit (LC). Although both are designed to safeguard the interests of the parties in a transaction, they have distinct purposes, functions, and applicable scenarios. This blog delves into the main […]
Merchant International Bank Limited (MIBL) works as a facilitator and seeks and arranges trade credit banking facilities for its clients.