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Global Analysis

Late payments: the cheque is in the post

“If Europe is becoming as harmonised as it appears, we must ask ourselves why we still see a huge difference in payment cultures for European businesses operating across the EU …” To read this report by Daniel Windaus - REL...

Latest Coface country risk index

Coface's world index of country risk is continuing to improve, although at a less marked rate than previous months. This…


Euler Hermes signs cooperation agreement with Russia’s fourth-largest insurer

French credit insurer Euler Hermes, a unit of AGF-Allianz, said it signed a cooperation agreement with Russia's fourth-biggest insurer Rosno,…


Fortis’ survey shows European businesses’ growing optimism

Businesses in Europe expect the economic climate to improve in the next twelve months. Polish companies are the most optimistic:…

#bank#Boost#financial services


Factoring – global growth and its potential in Eastern...

Marie-Renйe Bakker and Leora Klapper, of the World Bank and Gregory F. Udell, of Indiana University, explore the advantages of…

#bank#poland#World Bank


Credit insurer guarantees Ђ40m import finance deal

Hermes, the credit insurer, is to cover a Ђ40m import finance deal between Russian bank Vneshtorgbank (VTB) and German finance…


Bolero automates Letter of Credit service

Financial supply chain platform Bolero has extended its Web-based trade finance suite to incorporate Letter of Credit Advices. The service…

#bank#Bolero#digital


Taiwan financial giant to explore factoring business in China

Taishin, the Taiwanese financial services group, has said it will seek potential opportunities with foreign banks to develop a factoring…

#banks#commercial finance#economy


Atradius in the black for 2003

Credit insurance and management group Atradius has reported a Ђ17.5m (US$21m) profit after tax for 2003, a clear turnaround after…


GE Commercial Finance completes leasing takeover

GE Commercial Finance (GECF) has completed the acquisition of office equipment finance group IKON Office Solutions, with the purchase of…

#acquisition#commercial finance#financial services


Fed raises rates for first time in four years;...

The Federal Reserve raised interest rates by a quarter point to 1.25 per cent this week, the first increase in…


Coface to cover Ђ100m French-Russian credit line

Coface, the credit insurer, has said it will insure a Ђ100m credit line for the financing of French exports to…

#bank#exports#guarantee

Russian bank to start factoring service in China

Russian banking group, Promsvyazbank, will open an office in China at the beginning of this month, the bank's Vice President…

#bank#Bank of China#conference

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