Monetization of Standby Letter Of Credit, (SBLC) or Bank Guarantee, (BG).
There are two financial factors in monetizing these instruments,-e.g. Equity Recourse or Non-Recourse.
The larger financial institutions such Deutsche Bank, Barclays, Bank of China etc. May not require a correspondence or confirming bank to guarantee their
instruments due to their high net worth.
So, I recommend, prior to leasing or purchasing any instruments,-i.e. research the liquidity and Regulatory Authority of the issuer.
Disclaimer: RG Portfolio Business Consultants, is no longer accepting non-rated issuers.
STANDBY LETTER OF CREDIT/BANK GUARANTEE
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