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Innovations in Trade Financing Process of Commercial Bank

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Author(s): Yijun Yuan | Xiaowei Dong | Xiaoqing Lv

Journal: International Business Research
ISSN 1913-9004

Volume: 1;
Issue: 4;
Date: 2009;
Original page

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.
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