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Standard & Poor's Ratings Services affirmed its ratings on CIT Group and CIT's related entities, including its 'A/A-1' counter-party credit rating on CIT. The outlook has been revised to positive from stable. "The ratings on CIT reflect the company's strong...
#bank#CIT#interest rates
The US economy continues to show “surprising resilience” as manufacturing and service sectors indicate further economic expansion, according to economic…
#Commercial Credit#interest rates#management
It will take time for cheaper funding, driven by better credit ratings, to boost the profits of General Motors Acceptance…
#conference#funding#interest rates
SMEs have been increasingly demanding loans over the last few years. Last year we saw a big demand for loans…
#bank#interest rates#SME lending
The National Association of Credit Management (NACM) released its March Credit Manager's Index (CMI), which posted strong economic indicators for…
#guarantees#interest rates#management
CRISIL has tied up with seven banks and SMERA has tied up with 14, so far, to extend ratings to…
#bank#banks#interest
Chile's fourth largest bank Bci launched a 10bn-peso (US$19m) revolving facility to refinance debts of some 1,500 of its own…
#bank#banks#interest rates
The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…
#bank#interest rates#international
The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, ended 2005…
#acquisition#bankruptcy#interest rates
The sustained high price of oil is forcing up costs for smaller manufacturers while their selling prices are held down…
#bank#Bank of England#interest rates
Manufacturers continued to struggle as a further decline in orders undermined output and confidence in most UK regions, according to…
The state-run export credit insurance agency recently announced that it approved support for a loan worth (more…)
#export credit insurance#exporters#exports
The Bank of England left its main interest rate unchanged at 4.5 per cent today, the fifth consecutive month it…
#bank#Bank of England#exporters