A clearance letter is an acknowledgement by the bank that your auto loan has been paid in full and that all the terms of the loan have been satisfied. So if you’ve cleared your auto loan and your loan account is closed, you can ask the bank for a clearance letter and transfer the ...
The article reports on the closing of the first auto-loan securitisation in the Middle East. It is stated that a pool of auto-loans from Emirates NBD and guaranteed by the Japan Bank for International Cooperation (JBIC) were included in the deal. It is mentioned that to get the deal an ...
This AMENDED AND RESTATED FUNDING AGREEMENT (this “Funding Agreement” and as referred to herein, this “Agreement”), dated as of December 27, 2010, is entered into by and among Advanced Micro Devices, Inc., a Delaware corporation (“Discovery”), Advanced Technology Investment Company...
The article reports on the first automobile-loan securitisation deal in the Middle East by Emirates NBD which was guaranteed by the Japan Bank for International Cooperation (JBIC). For the success of the deal, a structure was developed to allow the Japanese development bank to act as both ...