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Coface has recorded a global net reduction in payment defaults since the second half of 2009, according to their latest Country Risk Rating report (more…)
#crisis#payment defaults#recession
The European Bank for Reconstruction and Development is set to become a shareholder of Russia s Promsvyazbank (PSB), after today…
#bank#Boost#Commerzbank
In its latest country risk update, Coface has announced that China and Korea have been (more…)
#economic recovery#economy#recession
Xavier Denecker, Managing Director of Coface in the UK and Ireland talks to Factorscan about how the credit insurers were…
#international#International Trade#receivables
Close Invoice Finance has signed an agreement with the Institute of Chartered Accounts in England and Wales (more…)
#funding#invoice#risk
Millennium Bank has launched a factoring service in Romania. The Portuguese bank, (more…)
#bank#invoice#risk
Terry Cutler, deputy chair and Innovation Review head of the CSIRO, has spoken of a possible “permanent market failure at…
#management#receivables#risk
Trade credit insurance claims have decreased for the first time in a year during the second quarter of 2009, according…
#insolvencies#insolvency#risk
The Multilateral Investment Guarantee Agency (MIGA) announced issuance of $1.4 billion in guarantees to projects in developing countries last year,…
#bank#guarantees#international
The Australian Government yesterday announced that the Export Finance and Insurance Corporation (EFIC) will be expanding its role to further…
#exporters#recession#risk
Coface have suffered a loss of €103 million as the recession bites into the firm’s figures for the first half…
#export credit insurance#management#recession
The Netherlands Development Finance Company (FMO) recently began disbursing a $20m loan to Argentinean firm Grupo Supervielle S.A. The loan…
#bank#international#International Trade
According to the new research by the Asset Based Finance Association, 56 per cent of SMEs aren't aware of the…
#asset based finance#guarantee#risk