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Leading credit insurer retains AA rating

Fitch Ratings, the international rating agency, has today affirmed the 'AA' Insurer Financial Strength rating (IFS) of Coface S.A., the head entity of the Coface Group. Separate 'AA' IFS ratings have also been affirmed on the German, Italian and Austrian...

Experian reports dramatic fall in insolvencies in January 2003

The UK recorded a dramatic fall in business failures in January following the introduction of the new Voluntary Arrangement moratorium…


RBS' invoice discounter poaches GE Capital man

Euro Sales Finance, the invoice discounting and factoring services arm of RBS, has appointed Steve Merchant, ex-regional director of GE…

#commercial finance#invoice#MAN


UK and Ireland biggest players in European securitisation market

A report by Moody's Investors Services, last year confirmed the UK and Ireland as the biggest player in the European…

#economy#interest#securitisation


Foreign investment in Myanmar drops in first three quarters...

Foreign investment in Myanmar dropped by 10.7 percent in the first three quarters of 2002 compared with the same period…

#investment#investments


Association of South East Asian Nations opens new investment...

Member states of the Association of South East Asian Nations (ASEAN) decided to accelerate the liberalization of their investment regimes…

#interest#investment#Paid


Shell Foundation and dfcu Leasing in $4m energy fund

Shell Foundation, a United Kingdom registered charity funded by the Royal Dutch Shell Group of Companies, dfcu Leasing and Shell…


Bancomext to grant US$8.2bn credit to SMEs in 2003

In 2003, the Mexican Foreign Trade Bank (Bancomext) expects to channel resources of US$8.2bn to companies, especially small and medium-sized…


Brunei keen to invest more in Philippines, SMEs to...

Brunei is keen to invest more in the Philippines, as a means to further develop the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian…

#ADB#Asian Development Bank#bank


Credit Suisse executive joins Schneider’s finance arm

Schneider National Inc., a Green Bay-based trucking firm, has hired Richard Palmieri as president of its financial services division. Palmieri…

#commercial finance#commercial financing#Credit Suisse


Survey shows SMEs optimism in Malaysia’s economy

THE majority of the Chinese business community have expressed optimism in the country's economic outlook for the next 2 to…


Acquisition of Pure Energy Inc delayed; meanwhile receivables finance...

Energy Visions Inc. ("EVI") announced that the date by which it must pay C$845,328 to acquire a controlling interest in…

#acquisition#receivables#security

John Canning recognised as one of top 25 most...

CIT Small Business Lending (SBL) Corporation, a New Jersey-based subsidiary of CIT Group Inc., (NYSE: CIT), and the nation's number…

#bank#CIT#leadership

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