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Securitisation – status and prospects

To date, it appears that no securitisation of receivables, whether domestic or cross-border, has been accomplished in Russia due to a series of unresolved legal issues. These legal issues are common to the securitisation of various types of receivables, including...

ECGC pays out Rs31 crore towards guarantee claims

Export Credit Guarantee Corporation of India Ltd (ECGC) has paid seven large value guarantee claims totalling Rs31.10 crore due to…


Hermes wants to expand business in Kazakhstan

Germany's export credit insurance agency Hermes is interested in expanding its business in Kazakhstan, according to Hermes’ representative, Andreas Gehring.…

#export credit insurance#exports#international


Fortis Bank signs a “multi-sourcing” framework agreement of 250...

On 21 November 2003, Fortis Bank signed a new “multi-sourcing” framework agreement of Ђ250 million with Vneshtorgbank, Russia’s second-largest bank…


UK factoring software business bought by Canadian firm

It has just been announced that UK software and recruitment company Highams Systems Services has sold its Business Solutions (HBS)…

#Paid#trade#trade finance technology


US Bank offers SBA loan programme that invests in...

US Bank, in conjunction with the US Small Business Administration (SBA), is rolling out a new loan programme geared for…


Sites for start-ups

By Guy Clapperton Starting a new company, it's easy to imagine there's nobody there to help. Come to think of…


Economy surged in Q3

The US economy surged in the third quarter, growing even faster than originally thought, according to government data released on…

#conference#GDP#interest rates


Supreme Court set to lay down the law on...

A year ago, the banks were given tough new powers to foreclose on the assets of bad debtors under new…


UPS introduces synchronised commerce business solution for SMEs

United Parcel Service Sdn Bhd (UPS) is focusing on small- and medium-sized enterprises (SMEs) to promote its business solution, known…

#bank#exporters#International Trade


Canada and Hungary sign agreement to cooperate on exports

Deputy chairman in charge of international markets at Export Development Canada (EDC) Henri Souquieres, head of the Central Europe department…

#exports#international#management


Global business intelligence for commerce

The Economist Intellegence Unit’s (EUI): ViewsWire is a business intelligence service updated daily on developments in over 180 countries and…

Business owners show optimism about economy

Hong Kong business owners have shown a dramatic swing to optimism about the local economy, with the confidence index increasing…

#economic recovery#exports#GDP

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