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CIT Group Inc the commercial and consumer finance group reported net income of US$210.4m for the first quarter 2005, an increase from US$189.3m in Q1 2004. Diluted earnings per share were US$0.98 for the quarter, up from US$0.88 last year....
#CIT#commercial finance#leadership
The world* country risk index has been stable at a generally low level. For industrialised countries, the gap has persisted…
#crisis#exports#interest rate
Mitsui Sumitomo Insurance Bhd expects to underwrite between RM1 million and RM3 million worth of premiums for its credit insurance…
#bank#export credit insurance#insurance
Slovak Guarantee And Development Bank (SZRB) is to provide guarantees on Tatra Banka small- and medium-sized enterprises (SMEs) loans up…
#bank#guarantees#risk
President Union of Small & Medium Enterprises (UNISAME) Zulfikar Thaver said the Ministry of Commerce should rejuvenate Pakistan Export Finance…
#exporters#guarantees#international
The Chilean subsidiary of French credit insurer Coface is aiming to grow premiums by 20% this year on the back…
#3M#debt collection#export credit insurance
A new international agreement on banks' capital adequacy is unlikely to sharply cut their lending to smaller companies, South Korea's…
#bank#banks#international
Coface UK, a leading provider of credit solutions for business, has officially launched its Birmingham office as a new dedicated…
#management#risk
CIT announced the appointment of Walter J. Owens as executive vice president, chief sales and marketing officer. In this newly…
#assignment#CIT#commercial finance
Arvato, the printing subsidiary of German media giant Bertelsmann, is planning to take over Infoscore, a German financial service provider,…
#credit risk#financial services#risk
Muscat Finance Co. has announced record profit after tax of RO1.88 million compared to RO1.77 million in the previous year,…
#bank#corporate finance#management
India and the World Bank have signed a loan agreement on small- and medium-sized enterprises (SMEs) financing and development project.…
#bank#risk#SME financing
Coface buys 100% of CUAL, a leading South African Underwriting Agency, and opens a local subsidiary to support its first…
#exports#guarantees#international