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Coface keeps Bulgaria on Negative Watch and affirms ratings...

Coface decides to keep Bulgaria on Negative Watch. (more…)

#crisis#economy#insurance

China's export credit insurance claims soar

China Export Credit Insurance Corporation received a total of 936 export credit insurance claims in the first half of 2008, up…

#crisis#export credit insurance#insurance


Experian publishes Q3 2008 UK insolvency statistics

The number of insolvencies in the automotive industry rose by 18% during Q3 2008 compared to the same period last…

#insolvencies#insolvency#risk


Atradius warns UK firms to be open about their...

Atradius, one of the UK's biggest credit insurers, has warned that companies facing difficulties during the recession need to be…

#Atradius#bank#insolvency


London Scottish Bank to be sold

London Scottish Bank has revealed it has to be sold after failing to raise regulatory capital (more…)

#bank#guarantee#management


BOK makes new funds available to small firms

The Bank of Korea has raised the ceiling on funds put aside for loans to smaller companies by KRW2.5tn (EUR1.38…

#bank#bonds#financial services


Factors take cautious stance on financing weak retailers

With the current credit crisis wreaking havoc on Wall Street, factors are cutting the amount of credit available in transactions…

#cash-flow#CIT#receivables


Peter Ingenlath named Chief Risk Officer of Atradius N.V.

Atradius today announced the appointment of Peter Ingenlath, Vice Chairman of the Management Board of the company, as Chief Risk…

#Atradius#credit protection#insurance


Increase in European Investment Bank's lending capacity for SMEs

UEAPME, the European craft and SME employers' organisation, welcomed the announcement of an increase in the European Investment Bank's lending…

#bank#guarantee#guarantees


UK businesses look abroad amid economic uncertainty

An HSBC Commercial Banking report has revealed that four in five businesses (81 per cent) in the UK plan to…

#commercial lending#international#payment terms


Economic downturn causes increase in purchase of trade credit...

Companies are increasingly buying trade credit insurance to help protect them during the economic downturn, the Association of British Insurers has…

#insolvencies#risk#small businesses


Credit insurers fear for their profitability decline

Grupo Catalana Occidente SA, a Spanish insurer, said the profitability of its credit insurance business is threatened as an economic…

#Atradius#Clear#insurance

ICICI Bank to launch private equity fund for SMEs

ICICI Bank is planning to launch a private equity (PE) fund for SMEs through a special purpose vehicle (SPV) within…

#bank#funding#ICICI Bank

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