TRADE CREDITS.

Grey River Argus, 3 November 1928, Page 5

TRADE CREDITS.

TO CAPTURE MARKETS. NEW BRITISH PLAN. (Received November 2 al 10.10 p.m.) LONDON, November 1. After prolonged negotiations with the banks, a new form of contract has been evolved, under the Government - „ t credits guarantee, tn aid BriOsh" enterprise on foreign imikets i-1 • ‘ Bia Five” Bank, as well as the ■ 71’fl nd Oversea Bank have 1 r< ;''t'-Ven to r-cognise the new eonh being satisfactory security advances, which will be exported the payment of a P ru theieun. ■ . pound sterling they ran obtain the Overpei:. Trade Department’s guarantee : g alsd loss L the extent of £75 pm f e The ‘/DailjX Telegraph,” in an edit i ■ , A- . This novel method wi! exporters to accord lone r P Lit than they could otlierwisi c ' t t he Dominion and forcigt tiffori _ scheme will enable Customers 1 erate w i t h the Gov > hc bank a further stimulm eminent in g B hl? provid , «■»