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Fitch has assigned an A- rating to Chilean factoring company Factorline's first line of peso20bn 10-year bonds. (more…)
Uruguay's Nuevo Banco Comercial (NBC) and its Brazilian subsidiary Banco Comercial Uruguai have joined the IFC's global trade finance program…
#bank#emerging markets#global trade
Dresdner Factoring is anticipating a loss for 2007. The company expects to be in the black for the second half…
#management#WHO
British trade finance firm CCH International Plc. posted annual profits up 460 percent thanks to acquisitions and demand for its…
Belgo-Dutch bancassurance group Fortis NV announced it has signed a comprehensive business cooperation agreement to create an insurance JV with…
Fitch Ratings announced it has affirmed the insurer financial strength of the major insurance entities of the Coface group at AA+.…
#acquisition#bank#management
Meeting payroll will now be easier for Canadian temporary staffing agencies withCommercial Capital LLC's recently launched staffing agency factoring financing…
Exim Bank and IFC, Washington, are negotiating with a large foreign bank to sell off their stakes in Global Trade…
#bank#global trade#international
Minister of Economy and Transportation Janos Koka said that Hungary will have access to HUF 1,500bn (EUR 5.92bn) in EU…
#funding#GDP#liquidity
Eight co-operative banks in India have defaulted on deposit repayments during April - May 2007, forcing depositors to invoke insurance…
India's SMEs are no longer depending on banks for funding. Now, leading investment houses and private equity, or PE funds…
Fortis has announced that it has acquired 98.59% of shares and options of Pacific Century Insurance Holdings Limited (PCIHL), based in…
Rising partisanship in central Europe has diverted the ruling elites from their efforts to continue political and economic reforms, American…