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Coface acquires majority stake in Israeli credit information company

Trade credit insurer Coface S.A. acquired a majority stake in an Israeli provider of credit information that Coface said would give it a strengthened presence in the region (more…)

Export insurance jumps as firms hedge on won

Korean companies rushed to buy insurance against foreign exchange risks last year to hedge against swings in the value of…

#insurance#risk#risks


New CEO at NLB Factor

The new chief executive officer and agent of NLB Factor was appointed at the end of 2005 having previously headed…

#bank#international#management


New rules streamline licensing process for factoring and leasing...

New regulations published in Mexico's federal register on yesterday will make it easier for investors to open factoring, leasing (more…)

#financial services#investment#leasing


SMEs are missing opportunities for reduced risk and more...

The survey also revealed that a third of business owners rely on banks because they lack knowledge of other funding…


Factoring market will grow by 50% to NIS 4.2bn...

Israel's factoring market is expected to grow by 50% to NIS 4.2 bn in 2006, Shlomi Sarid, CEO of Clal…


BofA selects Basel II solution

Bank of America has extended its relationship with (more…)


Wells Fargo profits up 8 per cent, ABL business...

Wells Fargo Co., the fifth largest bank in the US, said yesterday that its net income grew by 8 per…


US export trade financier expands receivable financing to Mexico

US manufacturers specialising in exports to the Mexican market are anticipating spikes in equipment orders that may result in negative…


Cattles Invoice Finance deal helps technology solutions firm expand...

"The funding from Cattles Invoice Finance will enable us to expand the business and look at developing our client base,…


BCI selects NetIMEX for end-to-end trade finance automation

Surecomp, a leading provider of trade finance, factoring, cash letter and reconciliation solutions for the banking and financial market, has…

#awards#bank#management


New SME invoice discounting finance scheme launched

The bank said these products will benefit SMEs by lowering financing costs without (more…)

Fitch upgrade reflects SME lending ranking

The upgrade reflects the financial support provided by its main shareholder,  its good asset quality and its position in the…

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