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One of Lithuania's largest banks has come under nominal control of a little-known Russian financial institution, leaving industry insiders to wonder whether there is any potential synergy between the two. On 21 March Snoras Bankas' chairman resigned after the Moscow-based...
#3M#bank#banks
Swiss Reinsurance Ltd's Chief Financial Officer, John Fitzpatrick, declined to confirm or dispel rumours in the German press that Swiss…
Indonesia and Guatemala recently held seminars on understanding their bilateral economic and cultural potentials, an Indonesian official has said. Indonesia's…
Anti-terrorism measures being taken by states around the world could add up to 3 per cent to the cost of…
Standard & Poor's Ratings Services has lowered to 'A+' from 'AA-' its long-term counter-party credit and insurer financial strength ratings…
#Allianz#insolvencies#international
Credit managers of companies exporting to Latin America have accused credit insurers of failing to back them up and being…
#bad debts#exporters#exports
All credit insurance cover by Export Credit Guarantee Corporation of India Ltd. (ECGC) on exports to Iraq is likely to…
#exporters#exports#guarantee
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
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
Fitch Ratings, the international rating agency, has affirmed the "AA" Insurer Financial Strength rating (IFS) on Coface S.A. Separate "AA"…
Gerling, the cash-strapped German insurer, said yesterday it was seeking regulatory approval to inject Ђ200m (US$220m) in emergency funds into…
Malaysian exporters are now able to sell to Russian buyers on credit terms, said Bank Industri and Teknologi Malaysia Bhd.…
#bank#export credit insurance#exporters