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Credit managers of companies exporting to Latin America have accused credit insurers of failing to back them up and being overly cautious about trade with companies based in the region. They claim to have noticed a distinct improvement in payments...
#bad debts#exporters#exports
Finance Credit Limited has released its year ended 31 December 2001 report and financial statement. The report shows that the…
#alternative funding#funding#trade
All credit insurance cover by Export Credit Guarantee Corporation of India Ltd. (ECGC) on exports to Iraq is likely to…
#exporters#exports#guarantee
Commerce Asset-Holding Bhd recorded a higher pre-tax profit of RM747.6m for the year ended Dec 31, 2002, compared with RM515.6m…
#bank#CIMB#commercial finance
HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…
#bank#banks#risk
A recent survey by Greenwich Associates, a Connecticut institutional financial services consulting and research firm, indicates 18.8 per cent of…
French financial services company AGF Group said 2002 net income fell 63 per cent on write-downs of nearly Ђ1 bn…
Uncertainty abounds in the global economy, as equity markets disappoint, trade disputes proliferate and fears of war overwhelm. What kind…
#management#risk#trade
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
Go to United Kingdom: Insolvency Act 2000 – A Further Erosion of Creditors’ Rights?
The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…
#bank#bankruptcy#banks
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
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