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Major credit insurers are expecting moderate claims levels from the bankruptcy of the Italian food group Parmalat. “One reason is that production is continuing,” said a spokesman for Coface, number three in the world credit insurance market. “This means that...
#Allianz#Atradius#bank
The Bank of England today left interest rates unchanged at 3.75 per cent, as widely expected, after its first meeting…
The Serbian Government has decided that 200 million dinara (US$3.48 million) will be transferred from the funds obtained from the…
#smes
The National Bank of Slovakia (NBS) has staged a surprise 25 basis point rate cut after announcing that high headline…
On 1 April 2004 a new general communications manager will join Fortis, responsible for Fortis’s internal and external communications. Eric…
The 2004 International Factoring Association (IFA) conference will be held in Miami Beach, Florida on 21 – 24 April 2004…
The number of limited companies failing in 2003 fell by 9.4 per cent compared with 2002, according to the latest…
Although the budget assigned to the Under-secretariat of Small- and Medium-Sized Enterprises (SMEs) of the Economy Secretariat will be similar…
To see the latest Country Ratings from Coface go to Global Analysis – Articles – 7 January 2004. Source: BCR
Financial group Grupo Financiero Delta has acquired 100% of local leasing company Capital Leasing & Finance for an undisclosed sum,…
#acquisition#bank#financial services
Four out of five owner-managers of small UK businesses believe their firms will be better off or remain the same…
#bank#economy#investment
The European Commission (EC) has launched 28 new Euro Information Centres (EICs), allowing more small businesses access to information on…
Deutsche Bank London AG signed a $2.832-million credit deal in favour of the Development Bank of Kazakhstan to finance an…