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credit risk

NFC leads Russian import factoring market in 2009

Russia s National Factoring Company experienced the highest import factoring turnover in the Russian factoring market last year, reporting a (more…)

#credit risk#international#international factoring

Successful year for Eurobank EFG Factors, says manager Spiros...

Eurobank EFG Factors have announced a successful year, with the firm maintaining its leading position (more…)

#credit risk#international#international factoring


GMAC to quit UK market, reports The Independent

The Independent reported on Sunday that GMAC Commercial Finance are to withdraw from the UK market. According to the Independent article, the…

#bank#commercial finance#credit risk


Government urges more bank loans for small firms

The Chinese government have urged banks to provide more loans to SMEs (more…)

#bank#credit risk#risk


Economic uncertainty boosts factoring services

Amid economic uncertainty and declining exports, rising credit risk has increased demand for factoring services (more…)

#credit risk#exports#management


United Capital achieves 100% bankruptcy protection

United Capital Funding Corp today announced that it has successfully shielded 100% of its clients from credit losses due to…

#bankruptcy#credit risk#Mark Mandula


Fitch affirms Optima Faktoring at BBB

Fitch Ratings has today affirmed Turkey-based Optima Faktoring Hizmetleri A.S.'s (Optima) National Long-term rating (more…)

#credit risk#liquidity#management


Euler Hermes CEO defends credit insurers

The CEO of the UK's largest credit insurer has dismissed accusations that companies have been driven into administration by the withdrawal of…

#Atradius#credit risk#management


Government insurance scheme attacked by Sony

Sony has criticised the latest government scheme to protect UK business, claiming that it doesn't take into account smaller firms…

#cash-flow#credit risk#risk


Government launches textile sector rescue package

The Portugese government steps in to resolve the financing crisis suffered by the textile sector (more…)

#bank#credit risk#exports


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…

#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

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