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Atradius launches credit insurance for recruitment industry

New Government regulations are putting recruitment firms and employment agencies at greater risk of suffering financial problems caused by bad debts. Changes to the Employment Agencies Act (EAA) mean that even if their customers go bust or do not pay...

Bankers warn capital outflow to bonds market heralds squeeze...

In a meeting with Bank of Korea (BOK) presidents of commercial banks said there is a possibility of active capital…


Sterling National Bank announces Manhattan banking and International trade...

Sterling National Bank, the principal banking subsidiary of financial holding company Sterling Bancorp, today announced a plan to open a…


Integrated Security Systems, Inc. announces US$3 million asset- based...

Integrated Security Systems, Inc. (ISSI), has announced an agreement with Briar Capital, L.P. to provide an asset based lending facility…


Bulgarian bank to open branch in Cyprus in 2005...

Bulgaria's Central Cooperative Bank (CCB) management board has decided to open a branch in Cyprus. CCB's branch in Cyprus plans…

#bank#banks#guarantee


Government to set up export insurance guarantee fund

The government of India is to set up an Export Insurance Guarantee Fund of Rs 20bn (US$444.3m) to provide risk…


More mainland China SMEs attracted to Hong Kong following...

More mainland enterprises are being attracted to Hong Kong after the central government recently eased restrictions on their investing in…

#forum#investment#smes


EDC agreements spur new export sales to Chile

Export Development Canada (EDC) today announced the conclusion of three financial agreements during 2004 that will facilitate C$ 165.1 million…

#exporters#insurance#trade


More businesses see late payment as a deterrent

Research conducted by the Better Payment Practice Group (BPPG) has found that more than three quarters of businesses now believe…


Cattles Invoice Finance Limited announces soaring profits in 2003

Cattles Invoice Finance Limited, the Manchester-based factoring company, have released financial statements for the year to 31 December 2003 showing…

#cash-flow#financial services#funding


Post Bank plans to develop leasing and factoring

Post bank said its target was to acquire 10% market share, bank's chief executive officer, Anthony Hassiotis, said. At present,…


SGF reports factoring income down 29%

Refering to the auditor report of Siam General Factoring Plc. at the end of September 2004 and 2003 the company…

Huawei gets export credit for Brazil project

Telemar Norte Leste SA, Societe Generale, the China Export & Credit Insurance Corporation (Sinosure) and Huawei Technologies Co., Ltd. have…

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