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  • 标题:Bank Guarantees and their Representation in Bank Business Activities (Parallel Legal Presentation)
  • 本地全文:下载
  • 作者:Mirjana Knezevic ; Aleksandar Lukic
  • 期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
  • 印刷版ISSN:2284-8576
  • 电子版ISSN:2247-8582
  • 出版年度:2012
  • 期号:1
  • 页码:42-50
  • 出版社:Petroleum-Gas University of Ploiesti
  • 摘要:The financial instability of business entities and the growing uncertainty of collection of receivables increasingly impose the need for utilization of instruments for security payments which provide safety to business partners to the fullest extent and minimize the effect of risk factors. From the vast number of these instruments authors sort out bank guarantees as the important security instrument for contemporary circulation. This work attempts to introduce the basic characteristics of bank guarantees, their elements, the advantages for users and principals and to analyze the representation of bank guarantees in the banks of Serbia and the countries around. The objective of the research is to point out the importance of the bank guarantees and the necessity of their representation in bank business activities. The authors suggest, as a means for overcoming that state, changes in a banking business system, an active approach to clients and their constant education, which will provide them with insight into the advantages of using bank guarantees as a means of security in contemporary circulation. In this work, with the object and the goal of exploration being set, qualitative and quantitative methodology of exploration based on usage of descriptive and statistical analysis will be applied
  • 关键词:bank guarantees; risk control; protection of importers; contract
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