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Foreign investment in first six months

In the first half of 2004, a total Ђ422m was invested by foreign companies in Hungary through the Hungarian Investment and Trade Development Agency (ITDH). ITDH is currently overseeing 175 new investment projects. Eight projects are valued separately at Ђ3m...

#3M#investment#trade

China’s EXIC steps in with US$29m credit insurance for...

China’s Export-Credit Insurance Corporation (EXIC) will provide US$29m in credit insurance, which will cover the financing of a soda plant…

#3M#insurance#investment


Specialist provider, London Scottish Bank reports half time results

London Scottish Bank PLC said all its businesses continue to show positive progress with particularly strong performances from the Factoring…

#3M#bank#debt collection


Coface snaps up Australian credit insurance business

Coface, the credit management and insurance group, has bought the credit insurance business of Australian underwriting agency, Dexta. Dexta Corporation…

#3M#insurance#management


Clough's Ј19m eludes receivers in Versailles case

Receivers for Versailles have recovered only Ј550,000 of the Ј19m fortune siphoned from the collapsed trade finance house by disgraced…

#3M#banks#trade


New redundancy pay rules to add $190m to SME’s...

More than 540,000 small businesses, for the first time, will be forced to provide redundancy pay to sacked workers in…

#3M#insolvencies#Paid


Stake in Siam City Factoring sold

Siam City Bank has sold a 48.16 per cent stake (8,668,800 shares) held in Siam City Factoring at 0.35 bt…

#3M#bank


Astra foundation to increase SME assistance

Astra International's Dharma Bhakti Astra Foundation (YDBA) will provide Rp20bn (US$2.3m) in technical assistance to small- and medium-sized enterprises (SMEs)…

#3M#bank#international


SME bank HNS ups capital 24.3%

Niche bank Banco HNS has increased its capital base 24.3% to 13.4bn pesos (US$21.3m) following a capital injection of 2.63bn…

#3M#bank#smes


EBRD, IFC provide $3m for small business loans

The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) will provide Kyrgyzstan Bank $3m for small…

#3M#bank#business finance


Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…

#3M#interest rates#receivables


Euler Hermes authorised to cover medium to large company...

International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…

#3M#bank#international

Allianz' Euler Hermes first half results show increased turnover

Allianz AG Holding announced consolidated turnover of Ђ936.8m in its Euler Hermes credit insurance unit in the first six months…

#3M#Allianz#Boost

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