The National General Insurance Co. PSC (NGI), in partnership with Coface, has launched a new product: Credit Insurance. According to senior officials of NGI
Emirates Bank, which introduced factoring services a year ago, has now launched insurance backed factoring to provide credit protection and collection services to customers.
Vijay Vashist, head of factoring services at Emirates Bank , says factoring in the UAE has a rosy future despite some concerns over no separate legal framework for the local industry and increasing competition from bank finance services
Emirates Bank, which introduced factoring services a year ago, has now launched insurance-backed factoring to provide credit protection and collection services to its customers
According to senior officials, National General Insurance Co. P.S.C. (NGI) has launched a new credit insurance prioduct for companies based in UAE. The cover provided gives protection against
Standard Bank's international investment banking subsidiary, Standard Bank plc, has opened its first full overseas branch in Dubai to grow its business in global markets, trade finance,
Subscribers to factorscan.com can read the latest report on factoring in the UAE by local industry expert Vijay Vashist, head of Factoring Services, Emirates BankNational PJSC