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Euler Hermes enters the Turkish credit insurance market

Euler Hermes, the world s leading credit insurer and member of the Allianz group, has signed a cooperation agreement with (more…)

#Allianz#bad debts#insolvencies

Credit rating agency assigns A1+ rating to GTF debt...

The ratings are based on the strength and commitment of GTF's (more…)


SME bankruptcy figures tumble in 2005

The number of insolvent companies decreased sharply this year on strengthened efforts to improve their financial structures (more…)


Banex factoring portfolio increases 66% in 2005

Banex has expanded its SME factoring portfolio this year to ARS (more…)


Banca Comerciala Romana privatisation deal announced

The Privatisation Commission has announced the winner of the race for the acquisition of Banca Comerciala Romana (more…)


Deutsche Bank sells stake in Atradius

Deutsche Bank AG said it is selling a stake in Dutch credit insurance group Atradius NV to (more…)

#Atradius#bank#Deutsche Bank


BankMuscat launches SME programme lending solutions suite

Its comprehensive suite of programme lending solutions for the SME sector, will, in time, replace the (more…)

#bank#credit risk#receivables


HSBC “the leader in regional trade finance” Asia Pacific...

The Hongkong and Shanghai Banking Corporation (HSBC) continued to demonstrate its leading position in regional trade finance in 2005 by…

#awards#bank#financial services


Government improves terms for SME loan programme

Small businesses are being offered better terms under the state-sponsored (more…)

#bank#economy#interest


Bibby Financial Services appoints new Business Development Manager

Bibby Financial Services, a global provider of business cash flow solutions has announced a new (more…)

#business finance#cash flow solutions#cash-flow


“Factoring services yet to pick up in India” –...

According to G R Seshadri, managing director, Canbank Factors Limited, Bangalore (more…)

#bank#cash-flow#global factoring


FDI regulations for the finance industry

The government has committed itself to deciding on proposed FDI projects within 30 days, but foreign investors still complain that…

#bank#banks#financial services

“Tis season for fraud” – convicted securities fraudster continued...

Noting that scam artists are at work 24-7 and don't take the holidays off, Giani and Wayne Klein, director of…

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