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Credit insurance market under performing

Chile's first quarter credit insurance sales reached 928.5m pesos (US$1.4m), an 18.2% increase over the 785.6m pesos posted in the same period in 2003 according to figures from the local insurance association AACH. However, Coface Chile executive Louis des Cars...

#insurance#management#receivables

Lloyds TSB Scotland asset-based lending team moves to expanded...

Lloyds TSB Scotland is expanding its new corporate offices in Glasgow just six months after moving in, leasing an additional…


Bank of England rates decision

The Bank of England raised the main interest rate by a quarter-point to 4.5 per cent today, in a move…

#bank#Bank of England#inflation


EBRD to invest $300m

The European Bank for Reconstruction and Development (EBRD) views Kazakhstan as a successful country and will invest about $300 million…

#bank#economy


FDI rises in Q1

Foreign direct investment (FDI) in the Czech Republic reached CZK31.5 bn in 1Q 2004, up by CZK4.2 bn compared to…

#GDP#international#investment


Small business sentiment indicator results for May

According to a survey of around 450 small- and medium-sized companies (SMEs) by BNP Paribas Lease Group (BPLG) and Agence…

#investment#small business#smes


Lawyers for convicted trade financier want sentence cut

Lawyers for Carl Cushnie, the convicted trade finance fraudster, will today seek to have his six-year prison sentence reduced to…


Fortis president Maurice Lippens honoured

King Albert II of Belgium has conferred upon Count Maurice Lippens the honour of Grand Officer of the Order of…

#Executive Committee#financial institutions#financial services


Credit insurer Euler Hermes' outlook revised

Standard & Poor's Ratings Service has revised Euler Hermes’ outlook on the core operating entities of the Euler Hermes Group…

#guarantees#insolvencies#insurance


Venture is the right candidate for the job

Before it even opened its doors, RFC Recruitment Solutions Ltd (RFC) faced its first financial hurdle. If in week one…

#bank#funding#Jobs


Siemens Financial Services expands leasing business in northern Europe

Siemens Financial Services (SFS), the provider of financial solutions, is seeking growth in the northern European leasing market and is…


New Faktor reports 2003 results

CIB Bank's newly-acquired factoring company, CIB Faktor, announced profits after-tax of HUF230,000 (Ђ915) in 2003 and year-end total assets of…

#bank#funding#smes

Eurofactor steps in to save injection moulding firms after...

Around 100 jobs have been saved at a Midland plastic injection moulded component maker after Birmingham-based Eurofactor stepped in with…

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