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Latest country risk trends from Coface

Continued robust growth in the US and Asia, including Japan, marked the second quarter, fostering dynamic world trade that also benefited European economies even if they have remained hampered by inadequate domestic demand. The dynamism of world demand, particularly in...

#exports#interest rates#payment behaviour

Group buys 60% stake in factor

On 19 July the Central Retail Corp and Central Department Store respectively sold their 50 per cent and ten per…

#SEC#WHO


Receivables insurance guarding SMEs against serial bankruptcies

The long economic slowdown has increased sales of receivables insurance for small- and medium-sized businesses (SMEs). The Korea Credit Guarantee…


Banks co-operate in EUR15 million loan fund for SMEs

The German banking group of the state development bank Kreditanstalt fur Wiederaufbau (KfW), KfW Bankengruppe, has joined forces with public-sector…


Bank plans to introduce asset-based finance

During Stanbic Bank’s trade and finance seminar at Grand Imperial Hotel on Thursday, executive director, wholesale Anne Aliker said the…

#bank#cash management#international


Growing awareness leads to soaring demand for export insurance

Exporters' demand for sales credit insurance to Russia, China, Mexico and Romania soared in the first half of 2004. Israeli…


Euler Hermes acquires majority stake in Moroccan insurer

Euler Hermes, the French credit insurance firm, has become the majority shareholder of Acmar, Morocco's largest operator in the sector,…

#insurance


Lloyds TSB Commercial Finance reports record performance in 2003

Lloyds TSB Commercial Finance (LTSBCF) has announced profits before tax for the year to 31 December 2003 of Ј52.53 million.…


SME bank reports spectacular profit increase, plans to expand

The Nord/LB Polska bank, which serves small- and medium-sized companies (SMEs), made a profit of almost zl.5 million (Ђ1.125m) during…

#bank#Boost#Nord/LB


Deputy Finance Minister highlights drawbacks of SMEs

Lack of initiative to gather helpful information has been identified as one of the main drawbacks of Malaysia's small- and…

#bank#interest#smes


BCI to open Hong Kong office

Chile's third-largest private-sector bank BCI plans to open an office in Hong Kong at the end of the year, according…

#bank#international#Letters of Credit


New electronic marketplace to trade accounts payable

San Miguel Corp. and Shoemart Inc. have approved the trading of their accounts payable to small- and medium-sized enterprises (SMEs)…

Government to scrap SMEs’ ‘non-competitive contract system’

Despite resistance from small businesses, the government has decided to repeal a controversial protective measure for small- and medium-sized enterprises…

#management#small business#small businesses

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