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credit risk

Factoring withdrawal send ripples through apparel industry

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

FIMBank appoints First Vice President to head Mediterranean Factoring...

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


Credit insurers withdraw cover in volatile economic environment

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


Experian release Q3 2008 UK business insolvency statistics

Global information services company Experian has published its latest insolvency data. (more…)

#credit risk#insolvencies#insolvency


A.M. Best affirms ratings of Euler Hermes American Credit...

A.M. Best Co. has affirmed the financial strength rating of Euler Hermes American CreditIndemnity Company (Euler Hermes) (more…)

#Allianz#credit risk#management


Coface sees profit fall on deteriorating economic conditions

Paris-based credit insurer Coface said its first-half profit fell as claims rose amidst deteriorating economic conditions. (more…)

#credit risk#guarantees#interest rates


Deutsche Bank to Buy Fortis Units for EUR 709...

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


Corporate Credit Risk Management in China

The tense financial situation is leading to a worrying increase in late payments. Here, Coface gives a summary of their…

#bank#credit risk#management


Guest Supply Europe sign up Experian for international credit...

One of the largest suppliers to the hotel and leisure industries, Guest Supply Europe, has signed up Experian. (more…)

#credit reports#credit risk#international


Global Report: Factoring in Greece 2007/2008

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 management changes

Euler Hermes Hungarian Credit Insurance Zrt has announced management changes. (more…)

#Allianz#bank#credit risk


Factoring services yet to gain popularity

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 expands to LA

Platinum Funding Group has announced the opening of its Los Angeles office. (more…)

#accounts receivable finance#AR#CIT

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