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Fed raises rates for first time in four years;...

The Federal Reserve raised interest rates by a quarter point to 1.25 per cent this week, the first increase in more than four years. The move had been widely expected after the Fed's careful efforts to prepare the ground for...

Coface to cover Ђ100m French-Russian credit line

Coface, the credit insurer, has said it will insure a Ђ100m credit line for the financing of French exports to…

#bank#exports#guarantee


Russian bank to start factoring service in China

Russian banking group, Promsvyazbank, will open an office in China at the beginning of this month, the bank's Vice President…

#bank#Bank of China#conference


Karaoke machine maker to consider factoring

The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…

#capital requirements#management#receivables


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,…

#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…

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