TradeCom

Just more than a business loan

TradeCom

Just more than a business loan

Provide assistance to SME customers for meeting their trade finance requirements at the most convenient way.

The Essentials

 Eligibility Criteria – Age should be within 21 to 55 years

 In case of limited liability company or partnership concern, the key person should be within the above age range and successfully engaged in the import / export business during the last two years.

 Support to enhance your entrepreneurship skills

Features

  • Products to be imported / exported – All goods and merchandise acceptable to the Bank.
  • L/C limit up to BDT 20 million..
  • Same day delivery of L/C is ensured.
  • STL up to 10% of L/C for duty payment, if required.
  • Most competitive and attractive rates for opening L/C..
  • No amendment charges for L/C (except for change in amount & foreign bank charges).
  • No confirmation charges for L/C for import from Hong Kong and China.
  • Security – A minimum of 25% of L/C limit to be held in a Deposit account with the bank, hypothecation of stocks with due insurance coverage, personal Guarantee (s), monthly deposits build up and any other securities as may be decided by the bank.
  • Availability – All Branches & Booths of the Bank

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

Related Categories

Deposits

Loans

TradeCom

TradeCom – Business

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Disclosure

TradeCom – Business

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K Sripavan

Chairman

Mr Kanagasabapathy Sripavan was appointed as the Chief Justice of the Democratic Socialist Republic of Sri Lanka in January 2015 and held office until March 2017. During this period he functioned as the Chairman of the Judicial Services Commission of Sri Lanka, Chairman of the Incorporated Council of Legal Education, Chairman of the Sri Lanka Judges’ Institute and Chairman of the Superior Court Complex Board of Management.

Mr Sripavan was enrolled as an Attorney-at-Law of the Supreme Court of Sri Lanka in 1977. He obtained a Diploma in Industrial Law from the University of Colombo in 1992 and Master of Laws from the University of London in 1994.

He functioned as the Head of the Court of Appeal Unit in the Attorney General’s Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prior to the elevation to the Court of Appeal Bench he functioned as a Legal Consultant for the National Savings Bank for two years.

He was appointed a Judge of the Court of Appeal in May 2002 and was elevated to the post of President of the Court of Appeal in March 2007 by his Excellency the President. In March 2008 he was elevated to the Supreme Court Bench.