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Court decision clears the way for Gerling to sell...

Germany's Gerling Group announced that the Hessen Higher Administrative Court in Kassel has dismissed an appeal by BaFin, the German financial supervisory authority, from an earlier decision by the Frankfurt Administrative Court, which rejected BaFin's efforts to block the sale...

#credit risk#management#receivables

Ministry of Economic Affairs targets SMEs

Taiwan has always been a breeding ground for economic growth and innovation. Now, facing the dual challenges of the SARS…

#economy#innovation#interest


GERLING NCM launches new trade sector forums for brokers

GERLING NCM, one of the world's leading credit insurance and receivables management companies, launched the first two in a series…


SME financiers EquinFin and Celtic Capital sign merger agreement,...

EquiFin, Inc. (‘the Company’) (AMEX:II and II,WS) today announced the signing of a definitive merger agreement providing for the anticipated…


Hard-pressed English regions predict modest pick up in business...

Firms are predicting a modest pick-up in business in eight out of nine English regions after spending most of the…

#economy#exports#financial services


SARS lowers growth of industrial profits in May but...

The growth of profits of Chinese industrial enterprises in the first five months of the year was 12.9 percentage points…


Fortis Lease launches five-year plan

Fortis Lease plans that, by 2008, it will have a subsidiary in every country where there is a Business Centre…


Help for unsecured creditors 'a token gesture'

A shake-up in the insolvency regime aimed at helping unsecured creditors will amount to little more than a token gesture,…


Hall Kinion announces completion of new receivables-based credit facility

Hall, Kinion & Associates, Inc. (Nasdaq: HAKI), The Talent Source®, announced today that it signed an agreement for a $16.0…


Factoring companies foresee growth in 2003

The 11 factoring companies belonging to Mexican factoring association AMEFAC expect that their monthly credit operations in 2003 will exceed…

#factoring industry#Two


Mobile operator raises US$530m including credit insurance provided by...

Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by…

#bank#SACE#trade


Bajaj Allianz to enter credit insurance business

Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…

#Allianz#exporters#guarantee

Ashok Leyland Finance raises Rs 1bn from mutual funds...

Ashok Leyland Finance has raised Rs 1 billion by securitising some of its receivables from hire-purchase schemes and loans for…

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