international credit - is the movement of borrowed capital for the national borders between the subjects of foreign economic activity related to the temporary transfer of the commodity currency values the terms of repayment, urgency and interest payments.International credit moves the excess capital, which brings benefits to both parties.With the development of foreign economic relations of the role of international credit increases all the time, contributing to economic development and the development of global trade market.
International credit - modern types and forms.
most common forms of international credit is a trademark (aka commercial) and foreign currency credit.
International Commercial Loan is issued to pay for goods or services and has the most strongly targeted.It is most commonly implemented as a delay of payment of the exporting firms importing firms.Such loans may have a period of 2 to 7 years and determine the attractiveness of cooperation with a specific company and its reliability level of interest the lender in international relations with the borrower.Most often it takes the form of an open account or bill.One of the most common forms of commercial credit is leasing - leasing of certain assets (fixed assets) for the repurchase conditions.This type of lending is especially important for developing countries because it reduces the outflow of currency from the country and reduce the current account deficit.Moreover, in such a way developing countries gain access to new technologies is too expensive for their own development.
Bank International Finance loan importer and exporter realized in the form of debt secured by commodities and commodity instruments in rare cases without bail by a guarantor.Thus, the bank acts as a guarantor of the transaction, if one of the parties can not provide material support to the transaction date.For his service to the bank receives a commission, simultaneously it can also provide foreign exchange services.
Bond international credit - is one of the most common types of international credit.It is used for long-term loans from international or national capital market.The issue and placement of such a loan is a bank manager, headed by a leader who acts as the counterparty to the lender and is responsible for its organization and distribution. international state credit - this form of lending, designed to provide financial assistance to developing countries and countries with budget deficits.The most authoritative in the field of credit are specially designed for this purpose, the International Monetary Fund, banks and organizations.They accumulate more financial resources, and subject to certain conditions lend to the needy countries.The best-known organizations specializing in the international financial loan is the International Monetary Fund, the World Bank for Reconstruction and Development and the regional development banks.They allocate financial assistance on the basis of urgency and giving back, getting as an opportunity to influence political and economic processes in the state credited.
Also, in certain cases there is an international target loan aimed at financing certain programs.
international financial loan may be issued in the currency of the importer or exporter, the currency of a third country, as well as any recognized collective currency.
