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  • 标题:BANK GUARANTEES IN THE DEVELOPMENT OF COMMERCIAL RELATIONSHIP BETWEEN ROMANIA AND EUROPEAN UNION
  • 本地全文:下载
  • 作者:Ilie Dragos ; Militaru Petrisor ; Cocosila Gabriela Mihaela
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2008
  • 卷号:XVII
  • 期号:03
  • 页码:778-783
  • 出版社:University of Oradea
  • 摘要:In the context of European integration, the development of economical and commercial changes between Romania and European states must be sustained especially by bank system. The apparition of Romanian companies on European markets, the developments of imports and the common realization of some productivity objectives are impossible without the guarantees offered by the bank system. Because of emission guarantee letters in the name and the count of the clients, the banks assure practically the unrolling of transactions without an effective finance, assuming an entire risk which results from the encroaching upon the obligation of the contract between partners. The guarantee interferes just in the moment of participating to auction about the contracting of different works or about the realization of some imports and it is ending with the final act of using the goods by the beneficiaries.
  • 关键词:

    Guarantee bank letters, extra balance sheets engagements, downstream, executing guarantees, provisions

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