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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
Introduction Change is ever present in the global trade credit insurance market. This is illustrated by consolidation among the large…
#exporters#international#International Trade
Sterling Bancorp, parent company of Sterling National Bank, today announced that the Company is scheduled to release year-end financial results…
#bank#conference#international
Introduction In Japan, the main credit insurance product is short-term commercial credit insurance. The last few years have seen remarkable…
#bank#exports#insolvency
Kwah Thiam Hock, President and CEO, ECICS Credit Insurance Ltd. Introduction Being a small city-state, Singapore is highly dependent on…
#AIG#bank#exporters
Introduction Although credit insurance has been available in the U.S. for more than 100 years, companies have traditionally traded on…
#bank#exporters#interest rates
Introduction Since its creation by law in 1946, Coface has been responsible for administering the public export credit insurance scheme…
GE Commercial Services to provide a credit protection facility for trade transactions GE Commercial Services, a unit of GE Commercial…
#commercial finance#international#International Trade
At their recent General Assembly, the International Factors Group decided to reposition and widen the scope of the Group’s role…
#commercial finance#credit protection#international
Sterling Bancorp (NYSE: STL), parent company of Sterling National Bank, today announced that its Board of Directors declared a 20%…
#bank#financial services#international
The Zimbabwean Ministry of Industry and International Trade last Monday released US$250 million for disbursement to small and medium scale…
#interest#interest rate#international
Speakers at the United Nations General Assembly’s Sixth Committee (Legal) unanimously expressed appreciation for the notable breakthroughs of UNCITRAL in…
#assignment of receivables#insolvency#international
The annual accounts for Fortis Commercial Finance Limited, the factoring company formed in July 2000 by integrating FMN Financial with…
#bank#commercial finance#International Trade