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Experian sees biggest increase in automotive insolvencies since 2001

Experian, the global information services company, has revealed that the number of automotive companies going bust rose by 30.9% during the second quarter of 2008, compared to the same period in 2007. (more…)

#insolvencies#recession#risk

Three-quarters of companies record payment problems

According to a payment discipline survey, conducted by the Atradius insurance company, three-quarters of companies have experienced problems with receiving…

#Atradius#insurance#poland


Graydon UK Launches Graydon Marketing Data

Graydon UK today announces the UK launch of Graydon Marketing Data, a new service designed specifically to increase companies' return…

#investment#Produce#risk


Bank of Cyprus takeover 80% of Uniastrum Bank Russia

The takeover by Bank of Cyprus of 80% of Uniastrum Bank in Russia for EUR371 mln in cash is seen…

#bank#Bank of Cyprus#liquidity


ICIEC posts 71pc rise in business insurance

The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group,…

#bank#ECI#export credit insurance


Equifax provides advice to help businesses fight fraud

Leading fraud protection expert, Equifax, is urging businesses to be vigilant against fake businesses that target suppliers, ordering thousands of…

#bank#confirming#risk


Coface reports 45pc increase in payment defaults over the...

Coface is noticing a net deterioration in the payment behaviour of companies: company payment defaults increased by 45% over the…

#bank#payment behaviour#payment defaults


GE Commercial Finance provides asset-based credit facility to Kinney...

GE Commercial Finance Corp. Lending announced that it provided a $125 million asset-based credit facility to a New York-based drug…

#commercial finance#interest rate#management


GE Commercial Finance provides asset-based credit facility to drug...

GE Commercial Finance Corp. Lending announced that it provided a US$125m asset-based credit facility to a New York-based drug store…

#commercial finance#interest rate#management


Atradius event – How adventurous is British Business?

Atradius, the UK trade credit insurer, is hosting a free conference for all businesses to find out if the entrepreneurial…

#Atradius#awards#conference


Noting Credit Crisis, Coface Downgrades Seven Industry Sectors

Coface is observing a net deterioration in company payment behavior, with payment defaults increasing 45% over the first four months…

#bank#Clear#crisis


Inflation hits 3pc as food and fuel costs soar

The cost of living soared last month, with the official annual inflation rate jumping to 3pc driven by higher fuel…

#bank#Bank of England#interest rates

Bad loan rate climbs among local lenders

The bad loan ratio of Korean banks rose in the first quarter as local lenders were less aggressive in clearing…

#banks#Clear#management

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