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Credit insurance provider Coface has continued its global expansion by extending its offering in Western and Central Africa. Coface guarantees are now available in 97 countries. (more…)
#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…)
#bank#credit risk#management
Fitch Ratings has affirmed Union de Factoring's (Unifactor) National Long-term rating at 'BB(tun)' with a Stable Outlook and National Short-term…
The Basel Committee on Banking Supervision (BCBS) has issued frequently asked questions (FAQs) on Basel III s counterparty credit risk…
#credit risk#liquidity#risk
Coface, the global credit insurer, has noted a clean break in the payment behaviour of companies in the second half…
#banks#credit risk#payment behaviour
A new report following the Autumn Statement has revealed that 25 per cent of UK businesses think the Government s…
#credit risk#financial services#invoice
Bank of England (BoE) governor, Mervyn King, has called for the government to set incentives for banks to boost lending…
#bank#Bank of England#credit risk
The Interface Financial Group (IFG) has announced that the company will offer support to small businesses that are struggling with…
German on-lime receivables trading platform is launched (more…)
#credit risk#invoice#receivables
Compared to 64 per cent last year, only 38 per cent of the companies are utilizing open account as their…
#credit risk#management#payment terms
An increasing number of Chinese firms are adopting credit insurance as a tool to manage credit risk... (more…)
#credit risk#insurance#international
Lyon Capital Corp. has expanded its services to include spot factoring, through which clients are not required to factor all…
Deterioration in payment behaviour represents a real risk for businesses. (more…)
#cash-flow#credit risk#payment delays