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The mortgage credit crunch has spilled over into business lending as local banks are less risk-inclined than they used to be. (more…)
#bank#credit reports#receivables
A trust that handled investments for non-profit groups was taken over by the state of New Hampshire on Monday. (more…)
#insurance#investment#risk
To address the challenges faced by the Banking, Insurance and Financial services business, 3i Infotech has a developed a 'Business…
#financial services#international#management
GE Commercial Finance Corporate Lending has announced it led a US$265m cash flow credit facility for EaglePicher Corporation. (more…)
#cash-flow#commercial finance#management
Software forms the backbone of factoring companies, and business without it would be unimaginable. (more…)
#factoring industry#management#risk
Standard Poor's Ratings Services said today that it revised its outlook on Russian bank National Factoring Company (NFC) to positive…
#bank#funding#management
The Federal Reserve on Wednesday cut US interest rates by another 50 basis points in an aggressive move to combat…
#bank#interest rates#management
Coface Romania, local division of French insurance group, Coface, granted 140m in loan insurance in the first eight months of…
#insurance#risk
Credit Guarantee Corp Malaysia Bhd (CGC) is targeting SMEs for its newly launched credit guarantee scheme Enhance-i. (more…)
#bank#guarantee#guarantee scheme
In 2007, 447 companies went bankrupt in Poland, a 22% drop on 2006. (more…)
#bank#bankruptcy#insolvency
The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has adopted guidelines for Transaction Due…
#bank#exporters#exports
The Bank of England s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank…
#bank#Bank of England#management
The two-year-long run of strong growth in financial services went into reverse over the past three months. (more…)
#financial services#liquidity#management