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Euler Hermes to offer export credit insurance

The Brazilian credit insurance unit of German insurer AGF, Euler Hermes, plans to offer credit insurance for export operations in January, after receiving authorisation from the government, Euler's Brazil manager Marc Cambourakis said. To date the company has only operated...

BECI insures exporters

Botswana Export Credit Insurance (BECI), a 100 per cent subsidiary of the Botswana Development Corporation (BDC), was set up to…

#bad debts#cash-flow#exporters


Capital Factors claims US$30 million fraud by client

Capital Factors of Boca Raton claims it lost US$30 million because of fraudulent transactions arranged by a New York City…


Small businesses turn to credit unions

Jamaica's small business community is looking more to the financial services offered by local credit unions rather than those of…

#financial services#interest rates#MAN


SMEs starved of finance

After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou…

#bank#Boost#funding


Merchant Trade Finance and Merchant Commercial Finance results

Trade finance companies Merchant Commercial Finance Limited (MCF) and Merchant Trade Finance Limited (MTF) have published their financial statements for…


Caisse d'Epargne begins integration of SME and operations including...

CNCE, the central bank that heads the Caisses d'Epargne network of French government-owned, not-for-profit savings banks, confirmed yesterday that it…

#bank#banks#international


US unfolds capacity-building initiative for SMEs' development

Convinced that a necessary focus on, and improved performance of, small- and medium-sized enterprises (SMEs) remains essential to Nigeria's economic…


European venture investment declines in Q3

In the third quarter of 2003, Ђ616 million were invested in 191 deals, according to the joint European venture capital…

#funding#investment#investments


Afghan private bank to finance small businesses

The First Micro Finance Bank of Afghanistan, one of the first commercial banks in the post-conflict country, will help would-be…

#bank#banks#small business


Direct foreign investments grow about 63.3%

Direct foreign investments (DFI) in Ukraine grew by 63.3% ($741.6m) in January-September, the State Statistics Committee announced. The total volume…


Fund shifts focus to medium-sized enterprises

Wiwan Tharahirunchote, president of One Asset Management, said the fund was aiming to use 50% of its funds to set…

#asset management#international#investment

Crйdit Agricole reports growth in Q3 net profits as...

Crйdit Agricole, the French mutual bank, yesterday shrugged off analyst worries about its ability to keep pace with the recovery…

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