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A bank should be established solely for local small- and medium-scale enterprises (SMEs) thereby allowing commercial banks to focus on big business loans, said BMCCI acting secretary general Hj Osman Hj Omar (more…)
#bank#commercial lending#funding
The National General Insurance Co. PSC (NGI), in partnership with Coface, has launched a new product: Credit Insurance. According to…
#bank#guarantees#insolvency
Factoring volume, also a first quarter record, rose by 16% to (more…)
National Factoring Company (NFC) is auctioning its debut RBL1bn bond today. The issuer is (more…)
Representatives of companies providing factoring services are expecting sales to increase several times higher than the growth of GDP (more…)
Coface has registered an overall stabilisation in sector risk quality during the first quarter of 2006 and expects the second…
#management#receivables#receivables management
Standard & Poor's Ratings Services affirmed its ratings on CIT Group and CIT's related entities, including its 'A/A-1' counter-party credit…
#bank#CIT#interest rates
The US economy continues to show “surprising resilience” as manufacturing and service sectors indicate further economic expansion, according to economic…
#Commercial Credit#interest rates#management
The Export-Import Bank of Korea (Eximbank), South Korea's official export credit agency, is stressing to Korean companies and investors that…
#African Development Bank#bank#guarantees
ITC Ltd has decided to leverage Exim Bank's services to market abroad its Mangaldeep brand of agarbattis, sourced entirely from…
The International Finance Corporation (IFC), the private sector branch of the World Bank, has lined up six more Latin American…
#bank#emerging markets#exporters
Atradius, the Dutch Export Credit Agency (ECA) and US-Exim Bank, the Export Credit Agency of the United States of America,…
The Russian factoring market is undergoing a real development boom. According to the data presented by the Expert-RA rating agency…