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Credit insurance market to grow to USD140m by 2010

The Indian credit insurance market, still at a nascent stage and estimated at just US$40m, is expected to gather momentum over the next few years and touch US$140m in four years, according to (more…)

#credit risk#political risk#reinsurance

HSBC attains factoring and forfeiting licence

The Banking Regulation and Supervision Board (BDDK) granted permission for factoring and forfeiting transactions to HSBC Bank (more…)

#bank#management#regulation


FACT.pilot and SAP R/3: Advantages for factoring outlined

Here fidis, the factoring software specialist, outlines the pros of using FACT. pilot, a new product launched to offer factors…

#e-factoring#management#risk


Euler Hermes finalises Allianz Ireland acquisition

Following its announcement on 1 June, Euler Hermes, the world's leading credit insurer and a member of the Allianz Group,…

#acquisition#Allianz#GDP


Achef members seek to double factoring clients by year-end...

The members of Chile's bank factoring association Achef will seek to double their clients to 20,000 by year-end 2007 to…

#bank#bonds#risk


Coface UK launches online business information reports

Coface UK, a leading provider of credit management solutions for business, has launched the first service to combine factual business…

#Commercial Credit#insurance#management


Humphreys assigns ratings to Factorline commercial bills

The rating was based on market growth expectations, the firm's controlled risks, adequate financial risk administration and support from parent…

#Bill#international#international factoring


Guy Carpenter adds team of seasoned professionals to political...

Guy Carpenter Company, a global risk and reinsurance specialist, has welcomed a number of experienced professionals to its newly restructured, London-based…

#information systems#Marsh#political risk


Banks boost lending to SMEs

Korean banks boosted lending to small- and medium-sized enterprises (SMEs) during the second quarter of 2006 after the government tightened…

#bank#banks#Boost


Manufacturers must innovate to reap rewards in emerging markets

More than half of global manufacturers (56%) expect to substantially grow revenues in emerging markets over the next three years…

#Deloitte#emerging markets#management


DCR upgrades Bancolombia factoring unit ratings

Colombian ratings agency Duff Phelps (DCR) has upgraded its long-term debt rating for the Comercia factoring unit of the country's…

#acquisition#bank#liquidity


Late invoicing puts businesses at risk from late payment...

A recent poll held on the Better Payment Practice Group website asked businesses how soon they issue the invoice after…

#ACCA#invoice#late payment

SME finance boosted by EC risk review

The European Commission has adopted Guidelines to determine when state aid to support risk capital investment in small and medium-sized…

#European Commission#funding#risk

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