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David DiPiero CEO and Director of FGI Finance in the United States talks to Factorscan about dealing with the threat of debt turning bad, in the downturn and beyond. (more…)
#bankruptcy#debt collection#risk
EU companies are demanding that Bulgarian companies extend payment deadline, a situation which looks set to increase corporate debt in…
#international#payment terms#risk
The Industrial and Commercial Bank of China (ICBC) has opened 569 outlets in China that specialize in serving small and…
#bank#Bank of China#management
The European Commission authorises Luxembourg's top-up credit insurance scheme. (more…)
#export credit insurance#exporters#risk
Sony has criticised the latest government scheme to protect UK business, claiming that it doesn't take into account smaller firms…
#cash-flow#credit risk#risk
Calls come for the UK government to take urgent action to restore the strength of the credit insurance market or else the economy will face…
#guarantee#guarantees#liquidity
Factorscan talks with Bart Pattyn, CEO of Coface Holding Latina America, about his varied international career, his love of flying…
#international#invoice#invoice management
Survey reveals that SMEs are having to wait longer to get paid and facing tightening credit facilities. (more…)
#payment terms#receivables#risk
Korea's state-run Industrial Bank of Korea (IBK) plans to lower its lending rate for smaller companies in an effort to…
#bank#banks#conference
The Portugese government steps in to resolve the financing crisis suffered by the textile sector (more…)
#bank#credit risk#exports
Fitch Ratings has today downgraded the rating on the senior notes issued by Russian Factoring No. 1 S.A. (the issuer)…
#liquidity#receivables#risk
Egypt's Industrial Modernization Programme has created the first private equity fund aimed at solely benefiting local SMEs. (more…)
#bank#bank loan#international
UK prosecutors harness a new weapon in their fight against financial fraud. (more…)
#crisis#frauds#MAN