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Global Analysis

Exim Banks in business alliance pact

The Export-Import Bank of Korea (Exim Bank), the country's state-run trade bank announced yesterday that it has signed a business alliance pact with its Indian counterpart. Exim Bank president Shin Dong-kyu signed the bilateral letter-of-credit confirmation facility agreement with Venkat...

Coface sectoral panorama for August

The economic situation has continued to trend up in most sectors amid strong world growth and robust trade. That favourable…


Developing countries need a business boost

Though SMEs may not be as prevalent in developing countries as they are in wealthy nations, a significant number of…


Euler Hermes increases turnover

Euler Hermes first half 2004 consolidated turnover came in at Ђ955.7 million, up 2% on published turnover of Ђ936.8 million…

#Allianz#guarantees#interest rates


SCH Elcon sells factoring arm

The factoring and equipment leasing activities of Elcon Finans have been acquired by Societe Generale from a unit of Santander…


Top Factoring Professionals Head For Shanghai

Senior executives from the factoring and asset-based finance industries around the world will be gathering in Shanghai from 8 -…


Basel II and Technology – Minimising Operational Risk

“One of the biggest challenges facing most European financial institutions is to ensure the implementation of fully Basel II compliant…

#financial institutions#financial services#international


Pakistan and Grenada on road to economic recovery –...

Euler Hermes UK, part of the largest credit insurance group in the world, has revised its position on both Pakistan…


Credit insurers discuss future of factoring business

Discussions are taking place as a consequence of the take over of Credit Lyonnais by Credit Agricole, which has led…

#Allianz#Credit Agricole#guarantees


Latest country risk trends from Coface

Continued robust growth in the US and Asia, including Japan, marked the second quarter, fostering dynamic world trade that also…

#exports#interest rates#payment behaviour


BCI to open Hong Kong office

Chile's third-largest private-sector bank BCI plans to open an office in Hong Kong at the end of the year, according…

#bank#international#Letters of Credit


UN hails Eastern European 'dynamos'

A new United Nations (UN) report, published on Tuesday, shows that average growth in new EU members like Poland, the…

#poland#unemployment

Coface UK warns steel industry of looming credit risk

A warning of trade traps erupting from the surge in steel prices has come from Coface UK, a subsidiary of…

#credit risk#insurance#international

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