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Country’s third largest factor receives ratings boost

Grupo Security, the financial services conglomerate and owner of Factoring Security, the third largest factor by market share in Chile, has had its ratings confirmed by Feller Rate. Banco Security, Grupo’s bank unit, has also had its ratings confirmed. Both...

#bank#bonds#financial services

Credit insurer and factor back to profitability

Atradius, the credit insurance and credit management firm, with an estimated 25 per cent world market share, has reported a…

#Atradius#management#receivables


Germany and France lead Europe…with insolvencies

Euro 2004 hosts, Portugal, have witnessed the highest increase in business insolvencies compared to the rest of Europe – according…

#exporters#insolvencies#insolvency


Value-added of SMEs grows 11.8 %

More productive labour in 2003 helped push growth of value-added of small- and medium-sized enterprises (SMEs) to surpass that of…

#exports#smes


Bancomext loans up 10%; most to SMEs

Mexico's national foreign trade bank Bancomext issued US$2.1bn in loans to support export activities in the first five months of…

#bank#exports#smes


Hungary third in regional FDI inflows, first in outflows

The level of foreign direct investment (FDI) continued to fall in the OECD area in 2003, the Paris-based organization said.…


Increase of FDI expected

A better global economic environment and potentially higher investments from small- and medium-sized enterprises (SMEs) could lead to an increase…

#economy#international#International Trade


Late payments cost business Ј20b a year

A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments…

#British business#late payment#management


Bankruptcies up despite cost of finance at 20yr low,...

The lowest interest rates in more than 20 years have not significantly curbed company liquidations in South Africa, which for…


Factor seeks partnership with bank giant

Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is…

#bank#economy#insurance


ECGC mulls trade credit insurance launch for home

After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…

#bank#exporters#exports


French SMEs look towards China

Following the visit to China earlier this month of the French minister for trade, Francois Loos, the French government is…

#smes#trade#Two

Euler extends Greek credit insurance business

Euler Hermes, the French credit insurance company, has announced that it has raised its stake in its Greek joint-venture, Phoenix…

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