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Ultimate Finance Group – half year trading update

The board of Ultimate Finance Group plc (Ultimate) is today issuing a trading update ahead of its interim results for the six months ended 31 December 2004. The board is confident that the results, to be announced on March 1...

#bank#funding#invoice

Exports under deferred payment deals to get advance licence...

Exports made under deferred payment or suppliers' line of credit contract are now entitled to benefits under the advance licence…

#bank#Exim Bank#exports


BNP Paribas Factor obtains ISO 9001 certification

BNP Paribas Factor, a subsidiary of BNP Paribas Group, has just been granted the ISO 9001 version 2000 certificate. The…


Caution on SME credit exposure ahead of Basel II

Within the next two years, Bulgarian banks will have to design internal guidelines for the assessment of the credit risk…


Asset-based financier and software manufacturer announce alliance to develop...

De Lage Landen, a Dutch leading international provider of asset-based finance products to manufacturers and distributors of capital goods and…

#commercial finance#financial services#international


Coface plans to enter Czech market

Austrian insurance company Osterreichische Kreditversicherung Coface, number one in the Austrian domestic and export credit insurance business, is preparing to…


For SMEs, State Bank of India follows its own...

State Bank of India (SBI) has disbursed loans worth Rs 20,537 crore during the period April-December 2004 to small- and…


Government earmarks P28bn for SME lending in 2005

The government will set aside up to P28bn in loans for small- and medium-sized enterprises (SMEs) this year, P5bn more…

#bank#funding#guarantee


EXIM Bank to expand trade financing to won 13.5...

South Korea's trade-related policy bank announced it plans to increase trade financing to won 13.5 trillion (US$13 bn) in 2005…


Demica acquires securitisation division of Cresta

Demica has further strengthened its leadership in the trade receivables securitisation market by acquiring Cresta Group's securitisation technology operations. With…


Most Asia-Pacific banks still in early stages of Basel...

A majority of banks in the Asia-Pacific region are still at the early implementation stages of complying with the Basel…

#bank#capital requirements#credit risk


Late payers at two-year low – Coface

Late payments to Hong Kong businesses have dropped to a two-year low, according to a survey by Coface Frontline. Coface,…

Over 40% of China EXIM Bank loans go to...

The Export-Import Bank of China, a state export credit agency under the direct leadership of the State Council, saw fast…

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