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Major factor to offer credit protection services on the...

GE Commercial Services to provide a credit protection facility for trade transactions GE Commercial Services, a unit of GE Commercial Finance and a well-known player in the factoring industry, and TradeCard Inc., a leading financial supply chain services provider, announced...

#commercial finance#international#International Trade

New Chairman of the board at Gras Savoye Langlois...

Christian Rocheteau has been appointed chairman of the board of directors of Gras Savoye Langlois SA, the factoring and credit-insurance…


UK entrepreneurs faring well in global economic downturn

UK entrepreneurs are faring well in the face of global recession, according to a new survey co-funded by the DTI…

#management#recession#small businesses


Coface joins forces with Uruguayan bank

Urguayan bank Banco Acac has joined forces with French insurer Coface to provide export financing with credit insurance, local daily…


Slide in exports triggers record trade deficit

The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…


Fed keeps short-term interest rates steady

The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…


SME Business booms in Bexleyheath

Business is booming in the most profitable town in Britain, despite the average business seeing a fall in profits, a…


Legislation on factoring and late payment to be considered

A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided…

#bank#interest rates#late payment


Chinese bank allowed to handle factoring business

The Industrial and Commercial Bank of China (ICBC) announced Tuesday that the central bank has officially ratified the ICBC to…


Company insolvencies still rising in November

The UK recorded 1,855 business failures in November 2002, according to the latest figures released by Experian, the global information…


USA bankruptcy filings hit historic high

The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no…


The Credit Reference Bureau and African Trade Insurance Agency...

The African Trade Insurance Agency (ATI), the continent’s only pan-African, multilateral export credit and political risk agency, today announced that…

#insolvency#international#political risks

ABC group chief executive office says Zambian market responding...

The African Banking Corporation (ABC) group is to invest an additional US$2million in its operations in Zambia because the country…

#economy#financial services#invoice

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