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Sovereign Risk posts strong financial results

Sovereign Risk Insurance Ltd., a joint venture between subsidiaries of XL Capital Ltd. and ACE Limited, that writes political risk policies in emerging markets, announced that its sixth year of operation had been quite successful. "For the fiscal year ending...

Euler Seguros authorized to sell credit insurance

Mexican regulators have authorized local insurer Euler Seguros Mexico to sell credit risk insurance, local daily El Universal reported. Euler…


The government joins ADB to make US$ 85m loans...

The Indonesian government and the Asian Development Bank (ADB) will channel US$85m in loans for small- and medium-scale exporters across…

#ADB#bank#exporters


Business lobby group rips into banks’ treatment of SMEs

Small- and medium-sized companies in Ireland are being charged 78pc more interest on loans than similar companies throughout the rest…


China policy bank to provide more financial support to...

The plans include creating a platform designed to provide SMEs with smoother access to capital and credit guarantees, boosting growth…

#bank#Bank of China#banks


Cattles Group reports 30 per cent profits growth in...

Sean Mahon, Chief Executive, reported that the group has achieved excellent results in the first half of 2003, reflecting the…

#bank#funding#invoice


Banco del Desarrollo to acquire factoring business despite profits...

Chile's Banco del Desarrollo saw first half net profits drop 5.85% year on year to 3.4bn pesos (US$4.9m), mainly due…


Unicredit Factoring improves profits in 1st half results

UniCredit Factoring, the factoring division of Italian bank UniCredit, closed the first half of 2003 with net profits of Ђ3.5m…

#bank#Unicredit#Unicredit Factoring


Standard & Poor’s: new French law could boost securitisation...

A new French law could provide the basis for growth in French securitisation volumes, according to a report published today…


Couple charged with fraudulently soliciting for investor funds to...

Bluffdale residents Gerald Trevor Jones and DeAnn T. Jones have been charged in the 3rd District Court with multiple securities-related…

#interest#Paid#WHO


Coface reports sparkling first half results as it dominates...

The Chilean subsidiary of France-based trade insurance provider Coface accounted for 45.7% of the local export credit insurance market as…


EquiFin reports results for the second quarter and progress...

EquiFin, Inc. (the "Company")(AMEX:II and II,WS) a commercial finance company which provides structured credit to small- and mid-size business enterprises…

Credit unions seek clarification on factoring regulations as they...

Mexico's warehousing association AMAGDE and credit union association ConUnion are lobbying regulators to allow them to provide a broader range…

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