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Global

Long-term ratings of Global Trade Finance put on watch

Crisil has placed the non-convertible debenture issue of Global Trade Finance on rating watch with developing implications and reaffirmed the rating on the company's R16 bn rupees short-term debt programme. (more…)

Euler Hermes acquires the assets of Resolve2Collect

Euler Hermes has completed an asset purchase with Resolve2Collect Limited Ireland. (more…)


AfDB to fund SMEs

Tanzanias SMEs will receive EUR600,000 from the African Development Bank. (more…)


Middle market companies confident about business growth

Over 60% of middle market companies are predicting growth over the next 12 months, even though nearly 60% believe the US…

#CIT#financial services#regulation


Tenon acquires HMT Corporate Recovery

Tenon Group PLC acquires Hurst Morrison Thomson Corporate Recovery in the Thames Valley. (more…)


Banca Italease realigns risk management after losses

Directors and auditors at Banca Italease have resigned and the bank has realigned its risk management department in the wake…

#bank#management#risk


Exim Bank to raise Rs 12,000 crore in 2007-2008

Export-Import Bank of India is to raise Rs 12,000 crore in foreign currency and rupee loans during the current financial…


Eximbank reduces non-performing loan ratio

The Import and Export Bank of China recorded a non-performing loan ratio of 2.84 per cent at the end of June,…

#bank#Bank of China#exports


SIDBI to complete rating of 720 SMEs

The Small Industries Development Bank of India will complete the rating of 720 SME's before the end of 2007. (more…)


HSBC retains best factoring award

HSBC Group has retained its title of Best Factor 2007, one of the prestigious Trade Finance Awards for Excellence 2007.…


Late payment law ignored by UK businesses

The vast majority of UK business are not taking advantage of legislation specifically designed to help protect them against slow…


EBRD strengthens Bank of Baku’s SME financing

MSEs in Azerbaijan will benefit from a US$3m loan to Bank of Baku for on-lending to local businesses, assisted by…

#bank#international#International Trade

Euler Hermes H1 net up 36 per cent

Euler Hermes announced a H1 net profit of EUR231.2m, up from EUR170.3m a year earlier and it forecast a 'significant increase' in…

#3M#acquisition#emerging markets

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