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In 2002, the total value of invoices purchased by companies engaged in factoring activities reached ZL10bn, compared to ZL8bn a year earlier. About 1,000 companies used the service. Factoring is one of the few types of financial service that is...
Bank 1 Oslo will sue accounting giant KPMG and state authorized accountant John Haukland for NOK 337 (USD 50.5) million…
#bank#banks#insurance
Annual exports by small- and medium-sized enterprises (SMEs) will top US$100 bn by 2007, the Small and Medium Business Administration…
#exports#international#smes
EULER Trade Indemnity, the UK’s leading credit insurer today rebrands as Euler Hermes UK. This is part of the roll…
A new identity has been adopted with a unique name, logo and visual identity for all the affiliates of the…
#Allianz#insurance#risk
Return on Innovation (ROI) Advisors Ltd., portfolio manager for the ROI Fund, have announced its first investment; a $1.53 million…
#asset-based lender#cash-flow#financial services
Of all the small- and medium-sized enterprises (SMEs) that start operations in the domestic market 70% close down two years…
#bank#economy#Produce
A loan of US$30.9m loan has been granted by the European Bank for Reconstruction and Development (EBRD) to support the…
The latest FDA figures, announced today (27 May), indicate that more and more businesses are turning to export factoring to…
#exporters#exports#international
Encouraging exports with the support of financial institutions is key to Lebanon’s economic revival according to experts at the 9th…
A deteriorating international geopolitical context, rising energy prices, and concern about terrorist attacks have delayed the expected recovery. Sagging household…
Some Ugandans view Barclays Bank as one of those banks that predominantly serve elite customers. However, its chief executive officer,…
#bank#small businesses#smes
Net operating profit of the insurance business, excluding the unrealised value adjustment of the equity portfolio, advanced 20% due to…