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Crestmark Bank announces new First VP for asset-based lending...

Crestmark Bank has introduced Mark Matheson as its newest first vice president. Matheson will initially be responsible for underwriting and growing Crestmark's traditional asset-based lending portfolio. Dominick DeBello, executive vice president Credit and Technology, made the announcement. "Matheson brings to...

#bank#commercial finance#management

Coface Group consolidated turnover – 1st Half 2003 details

COFACE GROUP – 1st Half 2003: Consolidated turnover growth of 11.5%  1st Half 2003 1st Half 2002 Change in % H1 03…


Reserve requirements raised on domestic and foreign banks and...

China will raise the reserve requirements on domestic and foreign banks and other deposit-taking financial institutions next month in order…


Zurich appoints their first London trade credit underwriter

Zurich North America and Zurich London announced that George Bolton has joined the London office as their first trade credit…

#emerging markets#exporters#international


Finance firm to healthcare providers files for Chapter 11

DVI, Inc. (DVI) today announced that it and two of its US subsidiaries, DVI Financial Services and DVI Business Credit,…


A fall in outstanding loans at Export-Import Bank is...

Most local banks have enjoyed a steady increase in new lending during the past several months as consumers and companies…

#bank#exporters#guarantees


Braskem S.A. raises US$30m against future export US$ receivables

Braskem S.A, leader in the thermoplastics segment in Latin America and among the five largest Brazilian privately-owned industrial companies, today…


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…


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

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