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Two-thirds of small firms shut within 5 years

Approximately two-thirds of small- and medium-sized enterprises (SMEs) go out of business within five years, the Korea Credit Guarantee Fund said this week. After examining 16,000 SMEs, the state-run insurer found that 39 per cent of these companies went bankrupt...

#guarantee#investment#management

Small Firm Loan Guarantee – FDA invites its members...

Due to new terms and conditions announced in November 2002 (which came into effect in April 2003) FDA members are…

#guarantee#small business


Mexico praised for lending to small businesses

Hector Barreto, administrator of the US Small Business Administration (SBA), praised Mexico's commitment to helping small enterprises on Tuesday. He…

#bank#guarantee#guarantees


COFACE Algeria’s first credit insurer – BNA

BNA Finances, published by the National Bank of Algeria (BNA), has named COFACE as the first credit-insurer operating in Algeria.…

#bank#guarantee#guarantees


Foreign direct investment below expectation

The Investment Development Authority of Lebanon (IDAL) has said that in 2002 Lebanon recorded a dramatic increase in Arab Foreign…

#conference#guarantee#investment


Scottish Pacific fails in A$1m meddling claim

A Federal Court judge has thrown out a A$1 million-plus legal action by Sydney-based business financier Scottish Pacific against rival…

#bank#guarantee#Paid


Allahabad Bank in export insurance deal

Allahabad Bank has entered into a bancassurance pact with the Export Credit Guarantee Corporation of India - ECGC Ltd, an…

#bank#export credit insurance#exporters


Economist advocates cheaper loans to help SMEs

Hernando De Soto, a Peruvian economist, at the invitation of President Gen Peervez Musharraf, delivered a lecture on Monday on…

#financial institutions#guarantee#MAN


AllBank in pact to sell ECGC products

The Export Credit Guarantee Corporation (ECGC), which offers credit insurance protection to exporters has entered into a bancassurance agreement with…

#bank#banks#exporters


New system of guarantees will satisfy more applicants

The main goal of the Slovak Guarantee and Development Bank (SGDB), Inc. this year is more capital issued to effectively…

#bank#banks#guarantee


ECGC to diversify product range

The Export Credit Guarantee Corporation of India (ECGC) may diversify into insurance lines that complement its primary business of export…

#export credit insurance#exports#guarantee


Botswana Export Credit Insurance runs new CEDA product

Citizen Entrepreneurial Development Agency (CEDA) has a new product called CEDA Credit Guarantee Scheme (CCGS), which encourages private sector participation…

#bank#export credit insurance#guarantee

Government adopts programme to fight money laundering

The Ukrainian government and the National Bank have endorsed a programme for 2004 on fighting the legalisation of income obtained…

#bank#guarantee#international

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