import credit


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Noun1.import credit - credit opened by an importer at a bank in his own country upon which an exporter may draw
credit - money available for a client to borrow
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References in periodicals archive ?
This is what state-owned Philippine Export Import Credit Agency General Counsel and Officer-in-Charge Isabelo Gumaru warned as he expressed opposition to bills seeking to abolish the OGCC and to have it absorbed under the OSG.
2 per cent) while the proportion for import credit continued to be modest at 4.
The coverage included export guarantees and import credit in the fields of electricity, industry, transport, water and some strategic commoditiesHe pointed out that the size of the authority's current coverage in Sudan amounted to 1.
Central Huijin is to use part of the proceeds to participate in the fund-raising plans of China's largest state-controlled commercial banks, a person familiar with the situation told Dow Jones earlier, adding the company will also use a portion of the proceeds to boost the capital base of policy lender Export-Import Bank of China (Exim Bank) and China Export & Import Credit Insurance Corporation.