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insurance

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 loss of a significant policy in the UK. Revenue was Ђ1.42bn in the January to September period compared with Ђ1.43bn...

#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


CSOB Slovak branch nets SKK 540m in 9M

The Slovak branch of the Czech bank CSOB raised its net profit to SKK 539.35m in Jan-Sept 2004 from CZK…

#bank#banks#insurance


Grupo Security to increase capital

Chilean financial group Grupo Security will make a capital increase of between US$50m-60m on 11 November this year, local press…

#insurance#security


Credit insurance – the industry discusses how to tap...

So far, credit insurance has primarily been the domain of specialist brokers that have a good understanding of the products.…

#insurance


Companies use increasingly efficient financial tools.

More and more Lithuanian firms use insurance of goods and currency fluctuation risks as a safeguard against possible losses while…

#bankruptcy#banks#insurance


New regional business manager at Bibby Factors Northeast

Bibby Factors Northeast, a specialist provider of business cash flow solutions, is pleased to announce the appointment of Paul Brown…

#bank#cash-flow#financial services


Factoring business helps boost Coface’s H1 revenues

Coface, the credit insurer, has reported a 4.9 per cent increase in consolidated revenue for the first half of 2004,…

#Boost#guarantees#insurance


Experian acquires HK-China info house

Experian, the global information company, has bought Smartal Solutions, a business intelligence company based in Hong Kong and China. The…

#acquisition#emerging markets#financial services


Euler Hermes raises stake in credit insurer

Euler Hermes, the French credit insurance company, confirmed on Friday that it has increased its stake in the Portuguese credit…

#Allianz#bank#insurance

Euler Hermes acquires majority stake in Moroccan insurer

Euler Hermes, the French credit insurance firm, has become the majority shareholder of Acmar, Morocco's largest operator in the sector,…

#insurance

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