A letter of credit, or LC, is a contractual agreement used as a credit instrument in international trade to ensure payment for products that are shipped. The LC usually is requested by an exporter ...

PJSC Sovcombank bought 0.005% of HCF Bank LLC (Home Credit and Finance Bank) from SMR LLC (Assistance to International Settlements). After the purchase, Sovcombank became 0.0198% owner. Such changes ...

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