Bills Rediscount
Description
A short-term financing means in which one financial institution sells its discounted undue commercial bills to another financial institution at a certain discount.
Advantages of IB
• Important member and major player of China 's bills market, well experienced in bills market financing services.
• Centralized bills trade center.
• Long-standing cooperation relationships with dozens of domestic bills agencies, commercial banks and financial firms.
• Convenient and effective operations with sound risk control measures.
• Quality operation team.