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(The following statement was released by the rating agency) LONDON/MILAN/PARIS, February 12 (Fitch) Fitch Ratings has affirmed Tunisie Factoring's (TF) National Long-term rating at 'BBB(tun)' and Union de Factoring's (UF) National Long-term rating at 'BB(tun)'. The Outlooks on both National...
#bank#credit risk#management
The Group now operates directly in 9 of Latin American countries... (more…)
#credit risk#international#leadership
Following publication of a market development assessment by Moroccan factors, Hassan comments on the main trends in the market this…
#bank#Credit Agricole#credit risk
A specialised Excess of Loss (XoL) insurance policy can help companies generate receivables-based financing and improve lending terms. (more…)
#credit risk#receivables#risk
Coface predicts that the increase in the number of bankruptcies will continue this year and in 2014. (more…)
#credit risk#exports#insolvencies
PayPal tests merchant financing in UK, similar tests planned in US. (more…)
#credit risk#eBay#financial services
Bibby Financial Services UK has chosen Tinubu RMC to manage trade credit limits offered to clients. (more…)
#credit risk#financial services#international
PICC Property Casualty Co. is set to challenge the China Export Credit Insurance Corp. s (Sinosure) monopoly in the short-term…
#credit risk#export credit insurance#insurance
The Italian Association of Chartered Accountants has released a study on factoring representation and evaluation of non-recourse factoring transactions. (more…)
#credit risk#non-recourse factoring#risk
Korea Finance Corporation (KoFC) has announced a launch of Special Loans for Regionally-located SMEs and MEs. (more…)
#credit risk#exporters#interest rate
David Havelock, Director of Credit Risk Group, has taken over as interim Chief Executive of UK Export Finance. (more…)
Credit insurance provider Coface has continued its global expansion by extending its offering in Western and Central Africa. Coface guarantees…
#bank#credit risk#guarantees
Utah-based Celtic Bank Corporation has introduced a non-recourse factoring product for small and middle market business customers nationwide. (more…)