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Accessibility of banks in financing international trade a study of the practices and the laws in Tanzania
(University of Dar es Salaam, 2011) Ole- Meiludie, Esther Raphael
It is a common knowledge that the banking industry plays a central role in the growth of our country's economy. This is simply so because trade finance issued by commercial banks to various importers act as a key force buttressing their performance. Technically, it is impossible to talk of a country's economy and exclude the banking industry. Despite its importance, importers have been facing considerable difficulties in accessing international trade financing from the commercial banks. The procedures are cumbersome because of unregulated or inefficiently regulated financing practices and the existence of a poor legal framework. This study re-examines the accessibility of banks in financing international trade in Tanzania with a view to make case for improvement. Chapter one gives the general introduction. It provides the background, states the problem, and the objectives and significance of the study. It also explains the hypotheses, research methods, methodology, and sums up the Literature review. Chapter two gives a theoretical overview of the law and practice on import financing globally. Chapter three outlines the legal framework for enhancing imports in Tanzania. Chapter Four presents the research findings, while Chapter Five provides the conclusions and recommendations.