EXPORT CREDITS
EXTENSION IN GERMANY. REICHSBANK INVOLVED IN RISK. By Telegraph—Press Association— Copyright. (Received This Day, 9 a.m.) BERLIN, May 3. In order to assist exports, the Reichsbank is extending the period for foreign bill mortgages from six months to a year, enabling exporters to grant foreign buyers correspondingly extended credit. It is officially admitted that the step involves the Reichsbank in considerable risk. PROPOSED RENEWAL. CONFERENCE IN LONDON. (Received This Day, 9.5 a.m.) BERLIN, May 3. Mr Frank C. Tiarks, a director of the Bank of England is presiding at a conference of English, French, United States and Swiss bankers discussing the renewal of Germany’s credit agreements for a further year.
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Wairarapa Times-Age, 4 May 1939, Page 7
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112EXPORT CREDITS Wairarapa Times-Age, 4 May 1939, Page 7
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