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ACMAR changes its name and launches new insurance policy

The world leader in credit insurance, Euler Hermes, is now the main shareholder of ACMAR, the leading credit insurance company in Morocco. The name of the company has been changed to Euler Hermes ACMAR. Euler Hermes has participated in ACMAR’s...

Credit guarantee system to help Guangdong SMEs grow

Guangdong Province is accelerating the construction of a credit guarantee system to help privately-run small-and medium-sized enterprises (SMEs) expand their…


Credit insurers discuss future of factoring business

Discussions are taking place as a consequence of the take over of Credit Lyonnais by Credit Agricole, which has led…

#Allianz#Credit Agricole#guarantees


Bank in invoice discounting arrangement with collapsed advertising agency...

Receiver Tom Kavanagh is expected to apply to the High Court this week for permission to seek orders against the…


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…

#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

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