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Europe

Exporters deserve a lot more credit

With the US dollar continuing to weaken against most major currencies, and with unrelenting cost pressures at home, Irish firms are having to look to new opportunities in emerging economies. Only 20% of firms take out credit insurance and an unprotected rush...

#emerging markets#exporters#exports

Atradius opens credit insurance office in Lugano

Atradius now services its customers in the Italian speaking part of Switzerland from its new office in Lugano. (more…)

#Atradius#international#management


Factoring market up 17 per cent in H1

The Czech factoring market rose by 17 per cent year-on-year to nearly Kc60bn at the end of June, according to…

#import factoring


GMAC CF appoint global head of international factoring group

GMAC Commercial Finance has appointed Ian Watson as Global Head for the International Group, overseeing all of the Commercial Finance International Factoring…

#commercial finance#international#International Trade


EU opens in-depth probe into Hungarian export-credit scheme

The European Commission said it has opened an in-depth probe into a planned scheme providing export credit guarantees to Hungarian SMEs…

#bank#guarantee#guarantees


IEA and Euler Hermes joint credit insurance initiative

The Irish Exporters Association has launched a new guide to export credit insurance together with a new online simplified insurance initiative…

#bad debts#exporters#exports


IGF boosts Yorkshire team with new regional sales director

IGF appoints Stephen Hollings as the Regional Sales Director for the Yorkshire region. (more…)


RBS funds part of AMS acquisition with invoice finance

 RBS provide a debt package, including invocie finanancing, to support the existing management team of AMS to acquire the remaining 49.84%…

#acquisition#funding#invoice


Bankruptcies forecast to increase in 2007

Coface Romania says that the annual rate at which the companies from Romania go bankrupt is set to rise in 2007.…


Moody's rates Russian factorer Eurokommerz

Factoring group Eurokommerz has received a B2 long-term foreign and local currency rating from Moody's, with a stable outlook. (more…)

#liquidity#management#risk


Coface reports increased insolvency index in H1

The insolvency index rose by nearly a third in H1 2007. The construction industry and retail and wholesale trade remain the…


Selling of accounts receivable forecast to be profitable in...

The selling of default accounts receivable by banks will be a very profitable business for companies operating in debt recovery in…

Hitelgarancia to provide new guarantees worth HUF164bn

State-owned credit guarantor Hitelgarancia signed new guarantee contracts worth HUF164bn increasing its portfolio to HUF315bn. (more…)

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