Innovations in Trade Financing Process of Commercial Bank

Yijun Yuan, Xiaowei Dong, Xiaoqing Lv

Abstract


From the point of view of bank process reengineering theory, the paper focuses its discussion on definition and features of international trade financing based on the principles and requirements of financial innovation. Through the clarification for international trade financing process and comparison for ways of international trade financing under traditional trade settlement methods, trade financing process innovation has been fulfilled.


Full Text: PDF DOI: 10.5539/ibr.v1n4p27

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This work is licensed under a Creative Commons Attribution 3.0 License.

International Business Research  ISSN 1913-9004 (Print), ISSN 1913-9012 (Online)

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