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India's Export Credit Guarantee Corporation increases equity base

India's Government have decided to enhance the equity base of the Export Credit Guarantee Corporation of India Ltd. (ECGC) from Rs. 500 crore to Rs. 800 crore over the 10th Five Year Plan period. The financial requirement for this purpose...

Euler Hermes down 4.91%

Shares of Euler Hermes, the French credit insurer, lost 4.91 per cent in Paris yesterday, closing at Ђ50.35, after reaching…


Exim bank extends US$19m credit line to Guyana

Export-Import Bank of India has extended a line of credit of US$19m to the government of Guyana for building a…


ECGC opens Tuticorin branch

Export Credit Guarantee Corporation (ECGC) has decided to open satellite branches at upcoming export centres in the country. ECGC has…


KOTEC acts as cheerleader for small firms

Around 3 million small-and medium-sized enterprises (SMEs) have been the backbone of the Korean economy. But many of them are…

#financial services#management#risk


Give UK businesses a break Mr. Chancellor

The UK will see a significant rise in business failures next year if Gordon Brown does not use the pre-budget…


GMAC Commercial Finance northwest boosts factoring and invoice discounting...

GMAC Commercial Finance (GMAC CF) has announced the appointment of Paul Morgan to its Manchester office, where he will be…

#cash-flow#commercial finance#invoice


EIB loans to SMEs to boost economy

The European Investment Bank (EIB) has prepared a solid foundation on which to build a bridge to join the wealthy…


BT's Bland says US Sarbanes-Oxley compliance 'a great burden'

BT PLC chairman Christopher Bland believes the regulatory regime prescribed by Sarbanes-Oxley legislation is "a great burden," imposing heavy costs…

#bonds#compliance#i


Pakistan launches funds to promote small enterprises

The Pakistani government has launched three special funds to promote small-sized enterprises (SSIs). The Asian Development Bank credit guarantee fund…


BT's Bland says US Sarbanes-Oxley compliance “a great burden”

Hong Kong - BT PLC chairman Christopher Bland believes the regulatory regime prescribed by Sarbanes-Oxley legislation is "a great burden,"…

#bonds#compliance#i


Coface debts to be honoured

The Libyan finance minister, Mohamed Ali Elhouej, said in Paris that Libya intends to pay back before the end of…

#insurance#Paid#trade

US$200bn facility set up for SMEs

Small-and medium-sized enterprises (SMEs) can benefit from a US$200bn facility provided by the government. SMEs in the productive and value-added…

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