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Global Trade Finance to provide export factoring service for...

Gems and jewellery exports from India are set to get credit insurance in the current financial year. Global Trade Finance, a joint venture between the Germany-based WestLB of Washington, the Export & Import Bank of India and the International Finance...

#bank#exporters#exports

Global Trade Finance targets domestic factoring

Global Trade Finance Pvt Ltd (GTF), receivables management and export-financing company promoted by Exim Bank of India, WestLB of Germany…

#bank#exporters#exports


Lending Climate in America quarterly survey results

The protracted economic downturn and uncertainty over war in Iraq took a toll on lenders' attitudes last quarter, with most…

#bank#commercial finance#interest rates


ICICI Bank and five partners invest Rs 800 crore...

ICICI Bank, with five other financial intermediaries, has set up a Rs 800 crore India Advantage Fund for the equity…

#bank#guarantees#management


Euro could outshine dollar for international trade and currency...

With the continued strengthening of the euro against the dollar, several export-driven companies are seriously considering switching to the euro.…

#bank#international#International Trade


Securing export financing is difficult for most businesses but...

To read the full article giving details of programmes including loans, working capital guarantees and risk insurance, go to Article…

#bank#exporters#guarantees


Coface reassesses problem country ratings and issues country analyses

The Coface Group, a world leader in export credit insurance and commercial risk management, has upgraded Vietnam and downgraded Bolivia,…

#bank#exports#international


Asset-based lending gains ground rapidly

Asset-backed financing of management buy-outs (MBOs) is set for a bumper year as small companies struggle to attract funding, while…

#bank#commercial finance#Deutsche Bank


Gulf Bank expects to regain profitability in 2003 as...

Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department…

#bank#interest rates#international


Court gives go ahead for Gerling to sell reinsurance...

German insurer Gerling-Konzern Allgemeine Versicherungs said that it received the go ahead from a German court to sell its reinsurance…

#bank#Deutsche Bank#financial services


Russia enters Lithuanian banking market

One of Lithuania's largest banks has come under nominal control of a little-known Russian financial institution, leaving industry insiders to…

#3M#bank#banks


Bank of India plans rating tool for SSIs

Bank of India (BoI) plans to introduce an exclusive Small Scale Industries (SSI) credit rating system which will take into…

#bank#interest rates#management

Lithuania's Snoras Bank posts sharply increased Ђ3m profit for...

Snoras, Lithuania's fourth-biggest commercial bank, posted an audited net profit of 10.55m litas(Ђ3.057 m)for 2002, compared to 4.51 m litas…

#3M#bank#financial services

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