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Coface UK strengthens client offering in preparation for expansion

Coface UK, a leading provider of credit solutions for business, has strengthened its client offering by merging the teams dealing with each product line into one combined central team. The new structure, which is being mirrored across the Coface Group,...

#channel#international#management

Absence of a clear legal framework hampers factoring industry

Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…

#bank#global trade#international


Chicago factor in agreed US$10.8 million settlement from fraud...

Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…

#international#leasing#receivables


Export insurance and credit

The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit.…

#bank#exporters#guarantees


SME survey shows what managers think about current conditions...

In a survey of 1,761 small- and medium-size enterprises (SMEs) nationwide by the Industrial Bank of Korea, 41.9 per cent…

#bank#cash-flow#financial services


Saudi Credit Bureau database helps SMEs qualify for loans

The newly established Saudi Credit Bureau, the only one of its kind in the Middle East, has announced that its…

#bank#international#risk


Finansbank secures syndicated loan for business finance and to...

Finansbank Romania has obtained a Ђ15m syndicated loan arranged by Alpha Bank's London branch, The Bank of New York and…

#bank#business finance#exports


Jean-Paul Votron's first day as Fortis CEO

Jean-Paul Votron has today been officially appointed executive director until the annual general meeting of shareholders in 2008. He has…

#commercial finance#financial institution#financial services


IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…

#banks#international#Vice president


Bladex to focus on export finance

Panama-based trade finance bank Banco Latinoamericano de Exportaciones (Bladex) (NYSE: BLX) will continue to reduce its credit exposure this year…

#bank#exports#international


Ј700m is raised by mezzanine fund team

A new independent fund that will help finance the buy-out of large companies has raised Ђ1bn (Ј700m). The UK-based fund,…

#bank#international#liquidity


Fewer businesses to go bust, says BDO

There will be a large decline in the number of UK businesses going bust this year, according to insolvency experts…

#economic recovery#insolvency#interest rate

Ex-Im Bank backs US exports to Mexico's PEMEX for...

The Export-Import Bank of the United States (Ex-Im Bank) today approved a US$400 m long-term loan guarantee to support the…

#bank#emerging markets#exporters

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