DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
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Egyptian banks opened LCs worth USD 11.6 billion over a six-week stretch from 1 March to mid- April 2022
Egyptian banks opened LCs worth USD 11.6 billion over a six-week stretch from 1 March to mid- April 2022, an increase of 87% from the USD 6.2 billion in LCs issued for the same period one year ago, said SEE News, citing Central Bank of Egypt (CBE) sources.
The spike coincides with implementation of CBE’s decision to halt use of documentary collections backing import operations and instead require LCs.
We’re pleased to share the newest edition of DCW’s premium monthly content. This month’s highlights include: * Two
In addition to treatment of two ICC Draft Opinions, highlighting the first day of the next ICC Banking Commission Meeting
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