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CIPS/Reuters Purchasing Managers' Index for June

June’s seasonally adjusted CIPS/Reuters Purchasing Managers' Index (PMI), designed to provide an overall view of conditions in the manufacturing economy, posted 49.2 in June, up from a revised level of 48.3 in May. However, having remained below the no-change mark...

#economy

Fortis, Forin factors and BPH PBK in joint credit...

The well-known juice producer Hortex has obtained credit totalling ZL85 million. The creditors are BPH PBK, Fortis Bank and factoring…


Cattles funds MBO in Hull with invoice finance and...

Leeds-based Cattles Invoice Finance has provided funding to enable the management buy-out (MBO) at W & P Forging Ltd in…


IFB report “excellent results in difficult economic circumstances”

International Factors Belgium (IFB), has announced pre tax profits of Ђ6.7 million for the twelve months to 31 December 2002…

#Clear#international#management


New FDA overview brochure is available

The Factors and Discounters Association (FDA) is pleased to announce the launch of a new FDA Overview Brochure. For the…


New African country joins insurance scheme

Eritrea has become the ninth country to sign up to the only pan-African credit insurance agency The African Trade Insurance…

#bank#international#political risks


Could European banks plug the finance gap for UK...

If the Government is genuinely interested in improving the service that small- and medium-sized (SME) UK business customers receive from…

#bank#security#small business


Credit insurance in Poland – world's largest players enter

The European giants of merchant credit insurance, Coface and Gerling NCM, are increasingly interested in the Polish market. Coface plans…


Standard Chartered targets SMEs to form 10% client base

Standard Chartered Bank Malaysia Bhd aims to have local small- and medium-scale enterprises (SMEs) making up at least 10 per…

#bank#financial services#management


Bibby Factors Northeast

Leading business finance firm Bibby Factors Northeast has appointed Glen Callander as new business development manager. In his new role,…

#Business Development Manager#business finance


Banking sector profitability rises 40.4% in Q1, factoring and...

The Hungarian banking sector's combined pre-tax profit rose 40.4% in the first quarter of this year to HUF 58.7 billion,…


Trade Finance readers vote Zurich North America Unit best...

Zurich Emerging Markets Solutions (ZEMS), the Washington, DC-based political and credit risk insurance unit of Zurich North America, has been…

#credit risk#emerging markets#international

Export credit premiums set to rise 10-15% this year

Premiums for export credit insurance are poised to rise 10 to 15 per cent this year, following a similar rise…

#exports#insolvency#international

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