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Export Finance and Insurance Corporation (EFIC) has signed an alliance agreement with Zurich Emerging Markets Solutions (ZEMS), the political risk and credit insurance unit of Zurich North America, to enhance opportunities for companies working in emerging markets. EFIC's managing director,...
#emerging markets#exports#guarantees
Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…
#bank#banks#interest rates
The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…
#bank#bank loan#crisis
Korea's small- and medium-sized enterprises (SMEs) are a time bomb, which could shake the financial market due to surging overdue…
#bank#financial services#management
A boost for small businesses, offering bigger loans to fund expansion plans, was announced by chancellor Gordon Brown today. For…
#guarantee#guarantee scheme#interest rates
Research by the Better Payment Practice Group (BPPG) has found that nearly 11% of businesses would pay their customers late…
Under the Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank (EIB), the European Union’s financing institution, is…
Credit Guarantee Corp Malaysia Bhd (CGC) is increasing its target for guarantee of loans next year to keep pace with…
Kasikornbank (KBANK), in co-operation with the Small Industry Credit Guarantee Corporation (SICGC), plans to offer guarantees for small businesses under…
#bank#guarantees#small business
Depfa Bank Plc is planning to launch a credit insurance division in the first half of 2005 in anticipation of…
#bank#capital requirements#management
The Asian Development Bank (ADB) has agreed to take a minority stake in privately owned credit guarantee provider Credit Orienwise…
#ABN AMRO#ADB#Asian Development Bank
National Factoring Company Uralsib-NIKoil (new "factoring" brand of financial corporation Uralsib, ex financial corporation NIKoil) has established its first subsidiary…