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Coface interim turnover rises

Coface, the French credit insurance company, has posted an 11.5% hike in consolidated turnover, to Ђ551.5m, for the first half of 2003. On a like-for-like basis, the rate of growth was 5.9%. Coface's insurance branch earnings rose by 12.9%, to...

Hansa's Lithuanian leasing and factoring arm passes into Hansabankas'...

An agreement between Hansabankas of Lithuania and AS Hansa Capital that came into effect on 18 August 2003 transferred the…

#funding#leasing


Economy slides into recession

Germany's economy shrank by 0.1 per cent in the second quarter compared to the quarter before, the state statistical agency…

#confirming#economy#Jobs


Exports disappoint on weak US, Hong Kong and Japan...

Taiwan's exports and imports were both weaker-than-expected in July, casting a shadow over the peak pre-Christmas orders season as exports…

#exports#international


US$666m trade surplus in July

South Korea posted a trade surplus of US$666 million in July, keeping in the black for a fourth consecutive month…


Eximbank cuts interest rates three percentage points

Turkey's Export-Import Credit Bank announced a three per centage point cut in interest rates effective Friday, 15 August 2003. In…


National bank criticised for cutting interest rates

Head of Norway's national bank, Svein Gjedrem, is criticised after another severe cut in interest rates on Wednesday, 13 August…

#bank#inflation#interest


Corporate bankruptcies fall in July

The number of corporate bankruptcies in Japan plunged 23.7 per cent in July compared to the same month a year…

#economy#investment


Garment and textile exports, up 5.1 per cent in...

Outbound shipments of locally manufactured garments and textiles went up by 5.1 per cent to $1.39 billion in the first…


Alliance Bank programme for SMEs and SMIs

Alliance Bank, in collaboration with McFab (M) Sdn Bhd, has launched the Tradelink Purchasing Card Programme, aimed at helping small-…

#bank#smes


New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…

#Paid#smes#WHO


Exports and consumer spending increase signal faster economic growth...

Surprising strength in U.S. exports and consumer spending reported this week suggest the economy grew faster last quarter than first…

Forced administration on Union pojistovna insurer, Prague

The Finance Ministry imposed forced administration on the Union pojistovna (UP) insurer in order to protect clients' interests. Union pojistovna,…

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