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Corporate insolvencies fall to lowest for six years

Company failures have fallen for the second year running, with 16,372 companies failing during 2004. This was the lowest number of corporate failures recorded across the UK since 1998. Even so, companies failed at the rate of 65 every working...

#banks#insolvencies#insurance

China Export Credit Insurance Co. doubles assets in 3...

China Export Credit Insurance Company, which was launched three years ago, had doubled its gross assets from 2.96 billion yuan…

#export credit insurance#insurance#trade


3bn baht fund to be set up to help...

Local bankers and capital market organisations are setting up a three-billion-baht venture capital fund to assist small businesses hit by…

#bank#banks#insurance


Decline in corporate failures slows but administration orders rise...

Over 12,000 limited companies have failed so far in 2004, a failure rate of 64 companies per day, according to…

#financial services#insolvency#insurance


Business insolvencies drop in 2004 – Euler Hermes

The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…

#insolvencies#insolvency#insurance


Coface debts to be honoured

The Libyan finance minister, Mohamed Ali Elhouej, said in Paris that Libya intends to pay back before the end of…

#insurance#Paid#trade


EDC agreements spur new export sales to Chile

Export Development Canada (EDC) today announced the conclusion of three financial agreements during 2004 that will facilitate C$ 165.1 million…

#exporters#insurance#trade


Atradius announces head of sales appointment

Ian Bocca has been appointed as Head of Sales for Atradius, a UK leading credit insurer and credit management provider.…

#Atradius#i#insurance


Small Business calls for long-term tax reductions

Today Catherine Swift, president of the Canadian Federation of Independent Business (CFIB) along with Garth Whyte, executive vice-president presented to…

#insurance#Jobs#small business


Euler Hermes 9-months revenue slips

Credit insurer Euler Hermes, a unit of Assurances Generales de France SA (12592.FR), said nine-month revenue slipped 0.7% following the…

#3M#insurance#international


Karnataka bank announces record profit – SMEs lending is...

Karnataka Bank has posted a record profit of Rs133.17 crore in 2003-2004. The Bank has continued to focus on lending…

#bank#banks#insurance


Central bank approves share capital increase for National Factoring...

On October 27th the Central Bank of Russia approved the increase in the share capital of the National Factoring Company…

#bank#insurance#investment

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

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