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Export credit agency report shows Ј2.9 splurge in 2003

The Export Credits Guarantee Department (ECGD) has published its annual review and resource accounts 2003-04, showing that it provided UK exporters with Ј2.9bn of financial support. The report reveals that the UK's official export credit agency also provided Ј706m worth...

Factoring software disposal ‘stopped the rot’ – Highams chief

The chairman of Highams Systems Services, the UK software group, said the sale of its factoring software subsidiary Highams Business…


Coface UK warns steel industry of looming credit risk

A warning of trade traps erupting from the surge in steel prices has come from Coface UK, a subsidiary of…

#credit risk#insurance#international


Factoring volumes rocket 186pc in H1

The factoring operations of Chilean banks have seen “explosive” growth in the first half of 2004. The factoring volumes for…


Factoring drives US bank’s income rise

Sterling Bancorp, the US finance house and parent company of Sterling National Bank, has reported a 14.7 per cent increase…


Latest report on the Spanish factoring industry

“Factoring activity in Spain continues to outpace the performance of the general economy, with factoring turnover in 2003 rising 18.12…


Late payments: the cheque is in the post

“If Europe is becoming as harmonised as it appears, we must ask ourselves why we still see a huge difference…


Companies Annual Report 2003 – 2004 published today

The Companies Annual Report (ISBN 0-11-515510-4 ) published by The Stationery Office contains facts and statistics on: Company Law Developments…

#compliance#trade


Atradius branch to offer credit insurance services

The world's second-largest credit insurer, Atradius Credit Insurance of the Netherlands, will soon begin selling insurance in Poland through a…

#Atradius#bank#Deutsche Bank


1,000 SMEs’ expansion to be supported by new loan...

Special bank credits totalling 10 billion yuan (US$1.2 bn) will be granted to small- and medium-sized enterprises (SMEs) in East…

#bank#creativity#GDP


SMEs owing mainly to banks

Small- and medium-sized enterprises (SMEs) have been found, on average, to owe debts to fewer than four financial institutions, the…

#bank#banks#financial institutions


HSBC offers high-speed SME loan decisions

HSBC claims it can now decide loan facilities below Lm 25,000 within 60 minutes. The offer is part of the…

#bank#cash-flow#conference

Atradius acquire US debt collection agency

Atradius has announced the expansion of its worldwide collection activities through the acquisition in the US of Chicago-based International Collections…

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