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Atradius, one of the UK's biggest credit insurers, has warned that companies facing difficulties during the recession need to be more open about their problems or face the consequences. (more…)
#Atradius#bank#insolvency
London Scottish Bank has revealed it has to be sold after failing to raise regulatory capital (more…)
#bank#guarantee#management
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
With the current credit crisis wreaking havoc on Wall Street, factors are cutting the amount of credit available in transactions…
#cash-flow#CIT#receivables
Atradius today announced the appointment of Peter Ingenlath, Vice Chairman of the Management Board of the company, as Chief Risk…
#Atradius#credit protection#insurance
UEAPME, the European craft and SME employers' organisation, welcomed the announcement of an increase in the European Investment Bank's lending…
#bank#guarantee#guarantees
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
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
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 is planning to launch a private equity (PE) fund for SMEs through a special purpose vehicle (SPV) within…
#bank#funding#ICICI Bank
Amsterdam-based Atradius may look to enter other Latin American markets given the region's growing importance as a global trade partner.…
#Atradius#international#International Trade
The number of businesses targeted by fraudsters in the East of England alone has exceeded 20,000, according to a new…
#business finance#invoice#risk
Davenham Group plc has completed an extensive new branding exercise, which reinforces the strengths and ideals of the asset-based lending…
#bank#business finance#risk