STANDBY LETTER OF CREDIT AND BANK GUARANTEE FACILITY IN AN AGGREGATE PRINCIPAL AMOUNT OF S$25 MILLION Further company coverage: ...

Indices in the FTSE Canada Bank Credit Spread Index Series are transparent and designed to be replicable, with individual ...

NMG has now received letters of interest from targeted capital providers totaling over US$1 billion in potential debt financing support. This milestone provides a foundation for NMG Phase-2 project ...

In its recently published Q1 2025 financials, Fidelity Bank announced an impressive 23.38% year-on-year increase in letters of credit (LC) commissions, contributing to a broader 30.1% growth in ...

The customers availed fiduciary credit facility and ... produced a letter where the bank had admitted its liability under the bank guarantee and acknowledged having paid the amount for guarantees ...

regarding the issuance of bank guarantees, co-acceptance of bills, and Letters of Credit (LCs). These new rules aim to enhance financial stability and risk management for both banks and customers.

Vodafone Idea raised Rs 24,000 crore through equity earlier this year and is now seeking an additional Rs 25,000 crore in loans and another Rs 10,000 crore in bank guarantees or letters of credit.

The refusal has created a bureaucratic headache for the company, which under current market rules, must provide a bank guarantee or letter of credit to the Australian Energy Market Operator (AEMO ...

the company accepts a bank-issued standby letter of credit. The bank charges the underwriter for the guarantee and requires her to either keep funds equaling the amount of insurance underwritten ...

The House of Representatives yesterday urged the Minister of Finance and his Justice counterpart to furnish the National Assembly with all guarantees and credit enhancement instruments for the ...