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Euler Hermes reinforces its presence in the Nordic countries

The world leader in credit insurance has confirmed reports of its takeover of the Finnish Credit Insurance Company (FCIC) (see 15 January 2004: Euler Hermes acquires full ownership of Finland's FCIC). The Euler Hermes Group has increased its stake to...

#Allianz#guarantees#insolvency

Survey reveals the untapped potential of credit insurance

UK companies using credit insurance may not be taking full advantage of the wider business benefits, according to a survey…


Fraud savings reach new high in 2003

The members of CIFAS have reported they prevented fraud losses of Ј487 million by sharing information on fraudsters through the…


Boston Financial opens debt-management unit

Factoring company, Boston Financial Corp., yesterday unveiled a new unit, Boston Financial Solutions LLC. The new venture will focus on…

#management


ECGC to diversify product range

The Export Credit Guarantee Corporation of India (ECGC) may diversify into insurance lines that complement its primary business of export…

#export credit insurance#exports#guarantee


Moody's set to up stake in ICRA

Major Indian financial institutions are selling part of their stake in the country's premier credit rating agency, ICRA, to its…


Loan guarantee fund for small firms takes off

The Loan Guarantee Fund for small- and micro-enterprises (SMEs) employing up to 30 people, designed to help them overcome borrowing…


SME Bank restructures after fraud

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…

#bank#debt collection#economy


Independent Growth Finance capitalises on confidence

Further expansion is on the books for Independent Growth Finance (IGF), one of the country's leading independent invoice discounting and…


SME growth at highest levels for four years

Small- and medium-sized enterprises (SMEs) start the New Year on a high note having recorded the highest levels of business…


Botswana Export Credit Insurance runs new CEDA product

Citizen Entrepreneurial Development Agency (CEDA) has a new product called CEDA Credit Guarantee Scheme (CCGS), which encourages private sector participation…

#bank#export credit insurance#guarantee


GMAC Commercial Finance expands European operations and service

GMAC Commercial Finance (GMAC CF) has announced plans to launch new operations in Poland and Germany, following a record 12…

#commercial finance#funding#international

Natexis Banques Populaires' net banking income up 36%, factoring...

Natexis Banques Populaires has reported figures, based on estimates presented yesterday to the Board of Directors, showing net banking income…

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