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Zurich North America announced that Alfred Low has joined Zurich Emerging Markets Solutions (ZEMS) unit as marketing manager. Low will be located in Singapore, where he will provide underwriting and marketing support for political risk and credit insurance solutions in...
#emerging markets#financial services#international
Chilean financial services group Grupo Security comprising a bank, a factoring unit, a stock brokerage, and a mutual fund announced…
#bank#Boost#financial services
The Overseas Private Investment Corporation (OPIC) and the African Trade Insurance Agency (ATI), a World Bank and pan-African state-supported Export…
#bank#emerging markets#exporters
The Asian Development Bank (ADB) proposes assistance for restructuring and ultimate privatisation of SME Bank for it to play an…
#ADB#bank#business finance
Aston Rothbury Factors Limited’s latest financial statement, for the year ended 31 March 2002, attributed the company’s decrease in profit…
#AR#Bill#insurance
Invoice financing provided to small- and medium-size enterprises (SMEs) rose towards the end of 2002, although the use of leasing…
Moody's today assigned its Aa3 insurance financial strength ratings to the main operating entities of the Coface Group (Coface SA,…
John Verrill, the president of the Association of Business Recovery Professionals(R3), the body representing insolvency practitioners and company doctors, slammed…
#banks#insolvency#Paid
The state-owned Development Bank of the Philippines (DBP) has set aside an initial P5 billion for its factoring facility as…
#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,…