- 20 Marks
ITF – OCT 2022 – L3 – Q7 – Role of Banks in International Trade
List the roles of banks in international trade in bullet points for SMEs under AfCFTA.
Question
The African Continental Free Trade Area (AfCFTA) is organizing training programs to grow the Small and Medium-sized Enterprises (SMEs) and most importantly to deepen their understanding on international trade and how they can take advantage of the banking system for efficient operation and expansion of their businesses. As Head of Trade Finance of your bank, you have been engaged as a resource person by (AfCFTA) to take Chief Operating Officers of these SMEs on the following topic: “The Role of Banks in International Trade”
REQUIRED:
List these roles (in bullet points only) under the various roles for one mark each.
Note: Long and detailed descriptions are not required.
[Total marks 20]
Find Related Questions by Tags, levels, etc.
- Tags: AfCFTA, Banks Role, Financing, International trade, Payment Services, Risk Management, SMEs
- Level: Level 3
Report an error
