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Despite their limited exposure to the American collapse, BNP Paribas and Axa have begun to suffer from the effects of the global downturn, posting significant losses. (more…)
#bank#emerging markets#international
Atradius and Experian have published worrying reports about the state of the Danish economy (more…)
#Atradius#bankruptcy#international
The crisis has been a period of opportunity for the Bulgarian factoring market. (more…)
#crisis#financial services#risk
Credit insurers seek to reassure business that communication with their credit insurers will help them to maintain their cover. (more…)
#Atradius#bank#management
Businesses in Northern Ireland turn down work as insurance dries up amid the downturn. (more…)
#bad debts#forum#risk
The European Union has highlighted the significance of adequate financing for SMEs in the downturn. (more…)
#European Commission#guarantee#guarantees
Credit insurance difficulties are resulting in brutal conversations with some clients. (more…)
#awards#Carillion#guarantees
Euler Hermes has defended its decision to restrict the terms of its cover, saying the move will help customers weather…
#Atradius#recession#risk
Factoring company Platinum Funding UK Limited has announced the completion of a 13.5m accounts receivable financing facility (more…)
#funding#invoice#risk
Research by the Asset Based Finance Association shows that firms across the UK are increasingly using asset based lending as a…
#asset based finance#management#risk
Polish Factors achieved record turnover in 2008 with 75% year-on-year growth over 2007 (more…)
#bank#crisis#exporters
The European Investment Bank's board of directors has approved the Corporate Operational Plan 09-11, setting out increased lending targets to…
#bank#Paid#risk
The UK government has announced a series of of measures to promote bank lending and revitalise the ailing economy (more…)
#bank#international#management