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Five local commercial banks have committed to contribute part of the required capital for the establishment of Ho Chi Minh City's credit guarantee fund to help small-and medium-sized enterprises (SMEs) in the city access bank loans more easily. Two Ho...
#bank#BIDV#guarantee
Credit insurer Coface UK's latest product launch includes the provision for exporters to shield themselves against bad debts. The financing…
#bad debts#exporters#receivables
GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…
#commercial finance#insolvency#management
Mr Alan Kyeremanten, minister of trade, industry and president's special initiatives (PSI), on wednesday announced that plans were afoot to…
Small- and medium-sized companies (SMEs) in Singapore may soon have easier access to financing. A new SME credit bureau will…
#banks#channel#risk
UK interest rates have been kept on hold at 4.75% following the latest meeting of the Bank of England's rate-setting…
#bank#Bank of England#interest rates
Panama-based trade finance bank Banco Latinoamericano de Exportaciones (Bladex) (NYSE: BLX) will continue to reduce its credit exposure this year…
#bank#exports#international
In the three months to August, the seasonally adjusted chained volume index for the output of the production industries was…
Predictive models evaluate business-to-business credit risk with greater speed, accuracy, and consistency. Experian®, a global information solutions company, today announced…
#credit risk#management#risk
After visiting Vietnam last month, the Export-Import Bank of Thailand’s board has pledged to support Thai businesses that invest there,…
For its first loan to the Indian power sector, Korea's Export-Import Bank will provide US$354m to state-run National Thermal Power…
#bank#Exim Bank#i
Small-to-medium businesses can now apply for a loan with HSBC by simply providing a copy of their MPF contribution statement…
Reluctance on the part of both borrowers and lenders is hampering lending to small- and medium-enterprises (SME) in Cebu, a…