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Two US factors have refused to provide funding to Barneys after claiming that the comapny is providing insufficient information on its financial situation. (more…)
#credit risk#funding#liquidity
Factoring provicer FIMBank has appointed Mr. João Costa Pereira as First Vice President and Head of Mediterranean Factoring division of the…
#bank#Credit Agricole#credit risk
With trade credit insurance becoming increasingly hard to obtain, many companies fear the situation will only get worse in 2009 (more…)
#Atradius#credit risk#insolvency
Global information services company Experian has published its latest insolvency data. (more…)
#credit risk#insolvencies#insolvency
A.M. Best Co. has affirmed the financial strength rating of Euler Hermes American CreditIndemnity Company (Euler Hermes) (more…)
#Allianz#credit risk#management
Paris-based credit insurer Coface said its first-half profit fell as claims rose amidst deteriorating economic conditions. (more…)
#credit risk#guarantees#interest rates
Fortis, ABN Amro and Deutsche Bank have signed an agreement by which Deutsche Bank will acquire from ABN Amro parts…
#ABN AMRO#bank#credit risk
The tense financial situation is leading to a worrying increase in late payments. Here, Coface gives a summary of their…
#bank#credit risk#management
One of the largest suppliers to the hotel and leisure industries, Guest Supply Europe, has signed up Experian. (more…)
#credit reports#credit risk#international
Spiros V.Tsolis, International Factoring Manager, EFG Factors SA gives the overview of factoring in Greece for the forthcoming year. (more…)
#bank#commercial finance#credit risk
Euler Hermes Hungarian Credit Insurance Zrt has announced management changes. (more…)
#Allianz#bank#credit risk
Factoring financing is yet to become popular with business and industry after its introduction more than 15 years ago, according to…
#bank#credit risk#international
Platinum Funding Group has announced the opening of its Los Angeles office. (more…)
#accounts receivable finance#AR#CIT