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ECGC focusing on widespread network

The Export Credit Guarantee Corporation of India (ECGC) plans to open satellite branches across the country to create a widespread distribution network. The 46-year-old credit guarantee insurance provider opened two new satellite branches in Jodhpur and Visakhapatnam on 17 September....

Export confidence at two-year high

Confidence among exporters is at its highest level for two years as firms benefit from a weaker pound and EU…


SMI debt revamp panel will boost sector, improve banks'...

The proposed small- and medium-scale industry (SMI) Debt Restructuring Committee (SDRC) is expected to strengthen the SMI sector and improve…


CII survey shows small industries realigning to market forces

A snap poll of small- and medium-sized enterprises (SMEs) conducted by the Confederation of Indian Industry (CII) shows a competitive…

#exports#international#smes


Coface announces “Final Demand” online collections service

Credit solutions provider, Coface UK, part of the world’s largest export credit insurance group, has launched a new online collections…

#credit reports#credit risk#debt collection


Banca IFIS increases profit in first half 2003

One year after becoming a Credit Institution, Banca IFIS exclusively provide working capital, mainly through factoring, for small- and medium-sized…


Westaways set for new growth with confidential invoice discounting...

Devon sausage maker Westaways has secured a new deal with supermarket giant Sainsbury’s after signing a new finance agreement with…


Interest rates cut to 50-year low

The Norwegian Central Bank (Norges Bank) reduced the sight deposit rate by 0.5 percentage points to 2.5 per cent effective…


Cabinet approves tax threshold changes

The Cabinet approved plans on Wednesday (17 September) to reduce company profit tax by 2% to 16% and to raise…


Global FDI confidence index shows Poland in 4th place

According to a report from global consulting company A.T. Kearney on the FDI (foreign direct investment) confidence index, the most…

#investment#investments#poland


KMB Bank assigned A1 rating

Interfax Rating Agency, the strategic partner of Moody's in Russia, has assigned a long-term credit rating of A1 (rus) to…

#bank#interest#risk


ESBA warns on proposed EU software patent legislation

The European Small Business Alliance (ESBA), a newly formed SME lobby, has said that the European Parliament will devastate the…

Manufacturers in exodus to lower production costs

The Korea Federation of Small and Medium Business (KFSM) said yesterday (18 September) that of 375 small- and medium-sized businesses…

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