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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 largest bank Bancolombia to (more…)

#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


Company liquidations continue to rise in H1

The number of legal cases brought by Hungarian companies trying to collect overdue receivables increased by (more…)

#bankruptcy#receivables#risk


Experian secures major contract with leading Thai commercial lender

Experian, the global information solutions company, has announced the signing of a five-year contract with one of the top commercial…

#bank#commercial lending#international


Coface cuts liquidity rating of Hungarian companies

International ratings agency Coface has cut the liquidity rating of Hungarian companies from A2 minus to A3, (more…)

#international#liquidity#risk


Access to finance made difficult through weak collateral –...

Even though eastern Europe's transition to the market economy began 15 years ago, access to credit is still very much…

#bank#conference#emerging markets


Factoring licenses may be abolished

The RF Duma is considering an amendment to the Civil Code that, if ratified, will resolve an inconsistency in Russian…

#credit risk#receivables#risk


EC initiative foresees more money for financing SMEs

The European Commission has unveiled today a set of measures to help small companies get easier access to external financing…

#bank#banks#European Commission


Euler Hermes supports turnaround culture

There is a perception in the turnaround and recovery profession that consulting with a credit insurer and highlighting that a…

#Allianz#banks#financial institutions


Anfac to issue securitised bond

Chile's factoring industry association Anfac aims to issue a one- to four-year US$40m securitised bond by September, according to Anfac…

#bank#factoring industry#funding


SACE: new service for capital goods export companies

The Banca Popolare di Novara e Unionfidi Piemonte (BNP) has signed an agreement for a role with SACE (more…)

#bank#financial services#guarantees

Abe 'Walkingbear' Sanchez to speak at Atradius-sponsored finance seminars

US credit management guru, Abe WalkingBear Sanchez is returning to the UK to give two seminar presentations (more…)

#Atradius#i#management

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