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Euler Hermes responds to growing demand for credit insurance...

By establishing its own branches and service companies in the three Baltic states, leading credit insurer Euler Hermes is substantially extending its presence in the growth markets of Central and Eastern Europe. In this way, it is responding to mounting...

BI, StanChart and ICICI Bank join Sidbi to float...

The country's largest and second largest bank, SBI and ICICI Bank and the largest foreign bank, Standard Chartered Bank, have…

#bank#international#management


Eurofaktor plans to sell its stakes in two subsidiaries...

Eurofaktor, Poland's top non-banking factoring company, has plans to sell its stakes in two (more…)

#poland#Two


Banfoandes ups lending by 25% in August

Venezuelan development bank Banfoandes has upped lending by 24.6% in August, to bolívares (more…)


Commerzbank plans expansion to meet growing SME demand

Commerzbank AG, Germany's third-biggest lender, plans to open 10 additional branches in Hungary to tap the growing demand (more…)


Surecomp solutions arrive in Peru

Surecomp, a leading provider of trade finance, cash letters, factoring and reconciliation solutions for the financial services industry announced today…

#bank#conference#financial services


FIMBank implements new factoring joint venture strategy with 3i...

3i Infotech Ltd announced today that Malta-based FIMBank plc, a market leader in trade finance, has selected (more…)

#conference#emerging markets#international


Business Development Bank looks to expand trade finance, supply...

It is something new for the domestic banking industry. It is a wholly foreign-invested bank with Thai and German interests,…


Ex-Im Bank offers relief measures to customers in Federal...

The Export-Import Bank of the United States (Ex-Im Bank) has announced relief provisions for exporters and financial institutions located in…


Bankruptcies and higher level of late payments have impact...

he National Association of Credit Management (NACM) Credit Manager's Index (CMI) for August 2005 finished down (more…)

#Commercial Credit#economy#management


Fortis’s supply chain management solutions top Ј250m mark

Today Fortis Bank announced that, through its supply chain management solutions, it has provided more that 250 million of funding…


Public Sector Banks set to double SME credit in...

The Reserve Bank of India (RBI) has decided to assign the Public Sector Banks (PSBs) the task of fixing their…

ICAEW recommends factoring and invoice discounting for growing SMEs

As the DTI reports a rise of 260,000 new businesses created in 2004, the Institute of Chartered Accountants in England…

#bank#guarantee#guarantee scheme

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