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National Factoring Company opens rep office in Kaliningrad

The Kaliningrad office will be the 19th opened by National Factoring Campany in its regional network. (more…)

#invoice#management#risk

GE Heller Bank appointment

GE Heller Bank, the German factoring bank, has appointed Jorg Diewald to its management board. (more…)

#bank#management#risk


Banca Italease realigns risk management after losses

Directors and auditors at Banca Italease have resigned and the bank has realigned its risk management department in the wake…

#bank#management#risk


IEA and Euler Hermes joint credit insurance initiative

The Irish Exporters Association has launched a new guide to export credit insurance together with a new online simplified insurance initiative…

#bad debts#exporters#exports


New stock market for SMEs to be launched

The Gelisen Isletmeler Piyasasi, the new emerging enterprise stock market, will be launched in Turkey in 2008. (more…)

#bank#international#risk


Bank of Korea chief concerned about SME borrowings

The governor of the Bank of Korea is concerned that the increased lending to SMEs is helping fuel the bubble in stock and…

#bank#bonds#liquidity


Moody's rates Russian factorer Eurokommerz

Factoring group Eurokommerz has received a B2 long-term foreign and local currency rating from Moody's, with a stable outlook. (more…)

#liquidity#management#risk


Euler Hermes rating is affirmed by S&P

Standard Poor's affirmed its 'AA-' long-term counterparty credit and insurer financial strength ratings on the core operating entities of Euler Hermes. (more…)

#Allianz#insurance#management


ECGC cuts credit insurance premiums by 10pc

Exporters can now save 10pc on insurance premiums being paid to the Export Credit Guarantee Corporation of India. (more…)

#exporters#exports#guarantee


Coface aims to increase domestic business to 50% of...

Argentina's largest credit insurer Coface expects to increase its domestic credit insurance segment from today's 20% to account for 50% of…

#Allianz#CESCE#export credit insurance


Monitoring of loans to increase

The local financial authority will strengthen monitoring for loans to SMEs. (more…)

#bank#banks#risk


Factoring companies included in enhanced money laundering law

The fight against money laundering is to be widened to prevent the financing of terror and financial crimes. Factoring companies…

#financial institutions#insurance#investment

Export credit risk premium to drop 10% in August

ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…

#credit risk#exporters#guarantee

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