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ECGC credit to be slashed by 50 per cent...

Export Credit Guarantee Corporation of India (ECGC) has decided to reduce the eligible credit limit by 50 per cent or to deny insurance cover to exporters whose buyers are their own overseas associate firms. It would be issuing a notification...

#bank#exporters#guarantee

Exim Bank offers big loan for irrigation projects

Exim Bank of the United States (Exim Bank) has offered Rs. 4,000-Rs. 5,000 crores as loan assistance to the State…

#bank#Exim Bank#financial institutions


Fraser Irvine appointed new business development manager for Venture...

Asset based financier, Venture Finance, today announces the appointment of Fraser Irvine, as business development manager for its Leeds office.…

#Business Development Manager#guarantee#guarantee scheme


ECGC of India signs MoU with Russian banks

The Export Credit Guarantee Corporation of India (ECGC) yesterday signed a tripartite Memorandum of Understanding (MoU) with Vnesheconombank and Exim…

#bank#exports#guarantee


Bulgarian bank to open branch in Cyprus in 2005...

Bulgaria's Central Cooperative Bank (CCB) management board has decided to open a branch in Cyprus. CCB's branch in Cyprus plans…

#bank#banks#guarantee


ECGC signs memorandum of understanding on co-operation with Exim...

The Export Credit Guarantee Corporation of India Ltd (ECGC) has signed a memorandum of understanding (MoU) with the Exim Bank…

#bank#Exim Bank#guarantee


Small firms offered loans boost

A boost for small businesses, offering bigger loans to fund expansion plans, was announced by chancellor Gordon Brown today. For…

#guarantee#guarantee scheme#interest rates


Credit guarantors lacking guidelines

Credit guarantee associations nationwide provided credit guarantees for 138 loans worth 5.6 bn yen to small- and medium-sized companies (SMEs)…

#guarantee#guarantees#risk


Thai agency seeks guarantees from Siam City Bank small-business...

The Small Industry Credit Guarantee Corporation (SICGC) hopes to gain an additional one billion baht in loan guarantee fees this…

#bank#guarantee#guarantees


Five banks pledge contribution for HCM City's credit guarantee...

Five local commercial banks have committed to contribute part of the required capital for the establishment of Ho Chi Minh…

#bank#BIDV#guarantee


Banks expected to post record yearly net profit

South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…

#bad debts#bank#banks


Government red tape pledge on business aid

Ministers have pledged to cut back on the red tape damaging government assistance to smaller businesses. The move came as…

#debt finance#guarantee#regulation

S Kumars to raise US$150m to repay rupee debt

S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…

#bank#cash-flow#guarantee

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