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The state-owned Development Bank of the Philippines (DBP) has set aside an initial P5 billion for its factoring facility as part of its strategic support for the small- and medium-size enterprise (SME) sector. "We are aggressively marketing this facility because...
#bank#funding#receivables
Bankruptcy filings in Norway soared 41.3% during the first three months of 2003, compared to the same period last year.…
In a survey of 164 companies by Factors Chain International (FCI), Hansa Capital climbed nine places to number 43 in…
#international
An insolvency practitioner has lost his licence to practice after being convicted of conspiracy to defraud creditors. Sudhir Rishi, also…
#insolvency#trade#WHO
John Verrill, head of corporate recovery and partner at leading law firm Lawrence Graham, was today appointed president of R3,…
The Small Enterprise Development Corporation (Sedco) has, since 2002, distributed loans amounting to $949 million to over 1,557 borrowers under…
#GDP#smes#unemployment
After struggling for more than a year to sell its stake in Gerling, the crumbling insurance concern, Deutsche Bank is…
#bank#Deutsche Bank#insurance
A small bank in Norway is suing accounting giant KPMG after losing NOK 125 million on the bankruptcy of factor…
#bank#bankruptcy#banks
Zurich North America's Emerging Markets Solutions unit (ZEMS) has announced the signing of a political risk insurance cooperation agreement with…
#bank#emerging markets#international
As more eastern European countries prepare to join the European Union next year, Poland has become the UK's leading export…
#bank#exporters#International Trade
China Construction Bank (CCB) and China Export & Credit Insurance Corp. (CECIC) have signed an overall cooperation agreement and a…
Gerling-Konzern, the struggling German insurance group, is reported finally to be making some headway in the planned sale of Gerling…
Despite a strong pound, weak stock market and the continuing political uncertainty in the Middle East, Britain’s export sector remains…
#business finance#exporters#exports