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Commission approves acquisition of joint control of COSEC by...

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of Companhia de Seguro de Créditos (COSEC) by Euler Hermes SFAC and Banco BPI S.A. (BPI) (more…)

#management#receivables#regulation

Bci allocates US$19m for SME refinancing

Chile's fourth largest bank Bci launched a 10bn-peso (US$19m) revolving facility to refinance debts of some 1,500 of its own…

#bank#banks#interest rates


ECGC unveils scheme to provide credit risk cover

Export Credit Guarantee Corporation of India (ECGC) and the Ministry of Commerce have set up a National Export Insurance Account…

#bank#credit risk#exports


Siam General Factoring asked for details of EWC loan...

The Securities and Exchange Commission (SEC) has ordered Eastern Wire Plc (EWC) and Siam General Factoring (SGF) to disclose details…

#bank#DEC#guarantee


Poll shows 16% of companies have zero tolerance for...

One in six UK companies will immediately terminate their contracts with customers who pay late, a survey has found. The…

#cash-flow#late payment#management


SMEs' development weakened by lack of credit

Company crediting by banks is still at a low level in Romania compared with other states in the region, which…

#bank#regulation#risk


Ratings agencies mixed on GMAC

Credit ratings agencies remained mixed in their assessments of GMAC after General Motors' announcement last week (more…)

#bonds#interest#liquidity


Bank of Baroda and SMERA MoU for SME rating

Bank of Baroda and The Small and Medium Enterprises Rating Agency of India Ltd (SMERA) have signed a Memorandum of…

#bank#risk#SME financing


SBCG says more help needed for SME loan guarantees

According to the Small Business Credit Guarantee Corporation (SBCG), local policy makers need to improve loan guarantee services for small-…

#bank#guarantees#risk


Experian welcomes latest guidance on money laundering prevention

Experian , the global information solutions company, has welcomed the latest version of the Guidance Notes issued by the Joint…

#anti-money laundering#financial services#risk


Factoring industry turnover up 12% in Q4 2005 –...

The renewed focus by banks on the small business market should fuel continued growth in the debt financing market this…

#banks#risk#SAFE


CRISIL assigns 'AA' rating on Global Trade Finance

The ratings on Global Trade Finance Limited s (GTF s) debt issues continue to reflect strong financial, managerial, and operational…

#bank#management#risk

Demand for credit insurance up as political risk in...

Political risk in Russia is rising, causing Israeli exporters to increase demand for credit insurance, says Clal Credit Insurance (more…)

#exporters#exports#insolvency

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