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Euler Hermes raises stake in credit insurer

Euler Hermes, the French credit insurance company, confirmed on Friday that it has increased its stake in the Portuguese credit insurer Cosec to 41 per cent by buying 16.7 per cent of its capital from the Portuguese bank BPI. The...

#Allianz#bank#insurance

Corporate financial strategies in Venezuela

The sudden plunge in interest rates over the second half of 2003 has led to a resumption of corporate borrowing…


Lender confidence and bank competition boost number of loans

Small- and medium-sized enterprises (SMEs) have finally found a way to get hold of bank loans. Banks have reported an…

#bank#exporters#international


Foreign investment slide troubles Spain

Spain’s foreign direct investment (FDI) has dropped for a third year due to competition and an outdated low-cost labour strategy.…


Late payments and defaults from overseas down in Q2...

Hong Kong firms reported fewer late payments and defaults from overseas in the second quarter as the global economy improved,…

#economic outlook#exporters#payment defaults


Latvian loan market continues to grow

The volume of loans issued by Latvia’s commercial banks has grown by 20 per cent in the first half of…


SZRB reports H1 profit before taxes

The Slovak Guarantee and Development Bank (SZRB) made a profit before tax of SKK 276.09 million (Ђ6.93m) in the first…

#bank#bonds#guarantee


Developing countries need a business boost

Though SMEs may not be as prevalent in developing countries as they are in wealthy nations, a significant number of…


Alabama bank exits export lending business

According to sources familiar with the situation, Compass Bank is getting out of export lending. The bank's structured trade finance…

#bank#interest rates#international


Over 1,200 SMEs queue for listing on Shenzhen second...

Over 1,200 small Chinese firms are now queuing up for share offers on the Shenzhen second board for small- and…


Lithuanian factoring sales up by 30%

The Lithuanian Leasing Association has reported that the sales of factoring services went up by almost 30 per cent in…

#funding#leasing#trade


Insolvency statistics for Q2 2004

Quarterly figures for company and individual insolvencies were published today. The figures show company insolvencies have fallen when compared to…

Latvian factoring market expected to grow strongly

The leasing and factoring portfolio of members of the Latvian Lessors association reached LVL 356.6 million in the first half…

#interest#leasing#Nordea

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