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With the continued strengthening of the euro against the dollar, several export-driven companies are seriously considering switching to the euro. The national oil and gas company Pertamina is one such company. Although oil is currently traded internationally using US dollars,...
#bank#international#International Trade
The Coface Group, a world leader in export credit insurance and commercial risk management, has upgraded Vietnam and downgraded Bolivia,…
#bank#exports#international
Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department…
#bank#interest rates#international
Kaulkin Ginsberg, a leading provider of advisory services to service businesses including accounts receivables management (ARM) organisations, announced today that…
#acquisition#international#management
Standard & Poor's Ratings Services has lowered to 'A+' from 'AA-' its long-term counter-party credit and insurer financial strength ratings…
#Allianz#insolvencies#international
The number of business failures is poised to reach 70,000 over the next three years as a downturn in consumer…
#capital requirements#international#management
If working capital were to be renamed "waiting capital", perhaps a revolution of comprehension and corrective action might follow. Instead,…
#bank#commercial finance#international
The international law firm Jones Day and the leading City of London firm Gouldens announced that they will merge their…
#international
The International Finance Corporation, (IFC), and ABN Amro signed an agreement to provide Pakistan with a US$80 million trade financing…
#ABN AMRO#bank#exports
Coface, the French credit insurance specialist, has reduced its exposure to Brazil by 15% to US$1.08bn, daily Valor Economico reported.…
#AIG#banks#emerging markets
Venezuelan public and private sector banks will have to restructure the debts of small- and medium-sized enterprises (SMEs) that have…
#banks#interest#international
Banco Espirito Santo Overseas Ld has published results showing consolidated net profit reaching Euro 222.1m, which corresponds to an increase…
#insurance#international#international factoring
Business services group Numerica Group plc today announced that, following an audit by the International Standards Organisation(ISO), its ISO 9001…
#international#management#risk