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Coface is observing a net deterioration in company payment behavior, with payment defaults increasing 45% over the first four months 2008 compared to the same period in 2007. (more…)
#bank#Clear#crisis
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
The bad loan ratio of Korean banks rose in the first quarter as local lenders were less aggressive in clearing…
#banks#Clear#management
New research from Bibby Financial Services has found that small businesses are keeping Britain's entrepreneurial spirit alive by driving forward…
#financial services#invoice#risk
The resilience Asian economies have shown to credit market turmoil and OECD economic weakness will be tested in the months…
#Asian Development Bank#bank#export finance
The upward trend in business bankruptcies that began in 2007 has apparently continued through the first quarter of 2008. (more…)
#bankruptcy#insolvency#recession
German state-owned development bank KfW has said it would give 90m in loans to SMEs in Turkey via Turkish banks.…
#bank#banks#forum
The credit crunch finally appears to be having an impact on UK businesses, with corporate failures in the UK increasing…
#bad debts#Clear#financial services
One year after watch-listing the United States with a negative outlook, Coface has downgraded its country rating for the US…
#crisis#exports#payment defaults
French credit insurance agency Coface said Bulgaria's country risk has deteriorated over the last year. (more…)
#financial services#liquidity#payment behaviour
Typically, small scale loans attract full risk weightage. However, if there is a guarantee banks are required to provide capital…
#banks#guarantee#guarantees
New survey finds more than half of UK exporters (55%) would vote in favour of the Uk joining the single…
#cash-flow#exporters#management
Davenham Group plc has announced its interim results today for the first six months ended 31 December 2007. (more…)
#asset-based lender#DEC#management