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Global instability changes country risk ratings

Economic and political turbulence in key areas of the world, especially the Middle East, are likely to push up both price and demand for trade-credit and political-risk insurance, according to industry watchers. Broker Aon Corp.'s Aon Trade Credit division recently...

GE Capital to double small business client base in...

GE Capital Bank is shifting its Mexican business strategy to greater lending to small- and medium-sized enterprises (SMEs), local daily…


SMEs get subsidised loans

The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn…

#bank#banks#economy


P40bn available to grow SME businesses

Small- and medium-sized enterprises (SMEs) make up an overwhelming 99.6 per cent of all firms in the Philippines. They provide…

#bank#exporters#interest rates


Insurance giant granted brokerage licence in India

Marsh Inc., the world's leading risk and insurance services firm, announced that it has received an insurance brokerage licence from…


Unravelling government funding opportunities for Scottish SMEs

This item has been written by Robert Hannah a corporate finance partner with Grant Thornton The way in which grants…

#awards#funding#Jobs


US SMEs to look at South East Asia export...

A trade mission led by the head of the US & Foreign Commercial Service (USFCS) will visit trading partners Thailand,…

#economy#exports#Produce


New invoice discounter reports on initial progress

Ultimate Finance Group, the Bristol-based factoring and invoice discounting group which raised Ј1.8m on AIM last year, has reported maiden…


Venture Finance plc’s financial statement shows decrease in turnover...

Venture Finance plc’s financial statement showed that turnover fell by 5.1% to Ј21.9 million compared with Ј23.09million for the year…


French credit insurer suffers profit slide as factoring arm...

French credit insurer Euler & Hermes (F.EUL), which is 67.4%-owned by Assurance Generales de France (F.AGF), said Thursday its net…

#interest#interest rates#securitisation


Apparel manufacturer secures $25m credit revolver against L/Cs, factoring...

Candie's, Inc. (NASDAQ:CAND) today announced that its wholly owned subsidiary, Unzipped Apparel, LLC, which manufactures and sells Bongo jeanswear, signed…


Factoring and leasing company seeks reduction in financing costs...

Factoring and leasing company, Siam Panich (SPL) expects to post revenue growth of 22% in 2003, with net interest spreads…

The Royal Bank of Scotland Group records increased income...

An 11% increase in income, from the restated amount of Ј5,457 million for 2001 to Ј6,052 million for the year…

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