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Global

Bibby creates CEO roles to reflect global stance

Bibby Financial Services has created a series of senior positions to reflect its recent expansion overseas, the company has said (more…)

Italease to buy stake in Fondiaria-SAI banking unit –...

Banca Italease is in advanced talks to buy a stake in (more…)

#insurance#leasing


Eximbank maintains low non-performing loans ratio

The Export and Import Bank of China, one of China's three policy banks, reported that its ratio of non-performing loans…

#bank#Bank of China#banks


Eurocapital credit ratings affirmed

Chilean ratings agencies Feller Rate and Fitch have affirmed their respective ratings on local factoring company Eurocapital (more…)

#credit risk#risk


Company insolvency problem increasing

The number of insolvent companies in Hungary tripled year-on-year in 2006 (more…)

#credit risk#insolvency#insurance


ICBC to double SME loans

The Industrial and Commercial Bank of China intends to orient half of its loans to small- and medium-sized enterprises over the…


Brazil 2006-07: Domestic recourse pushes volumes higher

In Brazil, political risk has finally been divorced from economic risk. In the past Brazil has been associated with problems…


Austria 2006-07: Will the law on ban of assignment...

The rate of growth in the Austrian factoring market has slowed and the driving forces behind this are not solely economic.…


First Capital executes agreement to outsource receivables finance programmes...

Through this agreement, Dalian City Commercial Bank will obtain access to new commercial finance products and services, including accounts receivable…


Fitch hikes Coface unit ratings

The rating is based on the recent upgrade of Coface Chile's parent company to (more…)


US Trade Agency grant boosts East African SMEs

The US Trade and Development Agency (USTDA) has extended a US$473,050 grant to the East African Development Bank for support to…


Marks & Spencer supplier secures Ј13.25m working capital, L/C,...

A key supplier to retail group Marks & Spencer, in addition to brands such as French Connection and Phase 8,…

#commercial finance#L/C#Letters of Credit

Increase in acquisitions in accounts receivable management likely in...

Thanks to two blockbuster transactions in the fourth quarter, merger and acquisition activity in the Accounts Receivable Management (ARM) industry…

#acquisition#investment#management

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