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Soaring trade credit insurance claims

Insurance claims by companies left unpaid for goods supplied to firms that went bust soared more than 50% in the final three months of 2008. (more…)

#Atradius#guarantees#payment terms

Critics claim credit insurance disaster looming

Calls come for the UK government to take urgent action to restore the strength of the credit insurance market or else the economy will face…

#guarantee#guarantees#liquidity


Financial squeeze easing for Korean SMEs

Loan guarantees provided by credit guarantee institutions and the extension of payment deadlines extended by banks, have helped to ease the…

#banks#guarantee#guarantees


Enterprise Finance Guarantee 'not working'

The Enterprise Finance Guarantee (EFG), should be extended to asset-based lending if it is to have a real impact, industry experts said…

#asset-based lender#bank#business finance


Exporters unable to secure credit insurance

The Israel Manufacturers Association wants the government and the Finance Ministry to extend state guarantees to help beleaguered exporters. (more…)

#exporters#exports#guarantees


Coface maintains solid growth

Since Q4 2008, the global credit crisis has entered a second phase. Coface, backed by its solid fundamentals, is confronting the…

#emerging markets#guarantees#insolvency


US government factors receivables of car manufactures

The U.S. Treasury Department on Thursday pledged to provide up to $5 billion in financing support to auto suppliers to…

#guarantees#liquidity#receivables


Central Bank makes proposals to help struggling SMEs

China's central bank is promising to take a number of measures to help ailing SMEs, including credit guarantees and banking…

#bank#Bank of China#guarantees


Swiss Re suffers record losses

Swiss Re. was forced to admit record losses after having tried and failed to restore confidence and profits in its…

#bank#conference#guarantees


Potential Finance in Administration

Potential announce that they are now in administration. (more…)

#banks#Clear#guarantees


EU taking steps to improve SME access to finance

The European Union has highlighted the significance of adequate financing for SMEs in the downturn. (more…)

#European Commission#guarantee#guarantees


'Brutal' credit insurance conversations continue

Credit insurance difficulties are resulting in brutal conversations with some clients. (more…)

#awards#Carillion#guarantees

EBRD Conference Discusses Emerging Markets Liquidity Crisis

The impact on trade finance in emerging markets in Europe was the subject of a one- day conference hosted by…

#bank#conference#emerging markets

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