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AGF Group shows income from credit insurance up 24%...

French financial services company AGF Group said 2002 net income fell 63 per cent on write-downs of nearly Ђ1 bn against its equity portfolio, which was affected by deteriorating financial markets. Premium income from the credit insurance segment, which includes...

Trade-credit insurance thrives in current climate

Uncertainty abounds in the global economy, as equity markets disappoint, trade disputes proliferate and fears of war overwhelm. What kind…

#management#risk#trade


Bank's revolving credit scheme for SSIs

Canara Bank has launched a new scheme for small-scale industries (SSIs) banking with it. The bank will sanction a stand-by…

#bank#interest#working capital


Insolvency Act 2000 – the first protected ‘debtor in...

Go to United Kingdom: Insolvency Act 2000 – A Further Erosion of Creditors’ Rights?


More Brunei businessmen facing bankruptcies ask government help

The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…

#bank#bankruptcy#banks


Two banks identify Bumiputera SMEs as target market

Many small- and medium-sized enterprises (SMEs) fail to secure loan applications for supporting their information and communications technology (ICT) initiatives…

#bank#financial services#small business


Banks collaborate on invoice finance for Mexican SMEs

Compass Bank said that this year it will intensify its programme of loans for Mexican small- and medium-sized companies (SMEs)…

#bank#conference#interest rates


Fitch confirms Coface's AA rating

Fitch Ratings, the international rating agency, has affirmed the "AA" Insurer Financial Strength rating (IFS) on Coface S.A. Separate "AA"…


Export credit insurer predicts increased market share and diversification

The Export Credit Guarantee Corporation Of India expects service exports to account for at least 15 to 20 per cent…

#emerging markets#exporters#exports


Credit Agricole and Credit Lyonnais get green light to...

France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks…

#bank#banks#Credit Agricole


Manufacturing survey report –industry comment

UK manufacturing output staged a surprise gain in January on the back of a better performance by the computer industry,…

#bank#Boost#Deutsche Bank


Supply chain giant unveils receivables and insurance products to...

UPS Capital, the financial services arm of UPS, has launched four products to help Canadian companies speed the movement of…

#cash-flow#exporters#financial services

Banks home in on SME business

With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…

#bank#banks#management

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