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US$120m credit boost to Indian SMEs

The World Bank extended US$120 million in assistance to India to help boost credit to small companies on Friday. The Small Industries Development Bank of India (Sidbi) would be the nodal bank to implement the Loan and Guarantee Agreement of...

#bank#guarantee#risk

Country risk trends from Coface

The stability of the world country-risk index has been masking divergent trends in the company economic environment in industrialized and…

#banks#credit risk#exports


South Korea to increase loans to SMEs in 2005

The South Korean government will increase direct loans to small- and medium-sized enterprises (SMEs) in 2005, as private lenders have…

#banks#economy#management


Malcolm Gilbey joins Charterhouse Group International

Leading factoring consultant Malcolm Gilbey MCIM has joined Charterhouse Group International as chairman of Charterhouse Commercial Finance Plc (CCF). Malcolm,…

#commercial finance#international#invoice


ICIC to make credit insurance available to Israeli diamond...

The Israel Diamond Exchange (IDE) announced that it has finalized an unprecedented agreement with the Israeli Credit Insurance Company (ICIC),…

#bank#exporters#international


ECGC credit to be slashed by 50 per cent...

Export Credit Guarantee Corporation of India (ECGC) has decided to reduce the eligible credit limit by 50 per cent or…

#bank#exporters#guarantee


MFB introduces HUF 100bn in new low-cost loans to...

The state-owned Hungarian Development Bank (MFB) will make another HUF 100bn in low-cost loans available to small businesses and local…

#bank#investments#risk


SME development council to introduce incentives to improve access...

The National Small and Medium Enterprise Development Council has agreed to the introduction of an interest subsidy and securitisation of…

#bank#risk#securitisation


Decline in corporate failures slows but administration orders rise...

Over 12,000 limited companies have failed so far in 2004, a failure rate of 64 companies per day, according to…

#financial services#insolvency#insurance


Joint Rs 500-cr SME fund announced

Small Industries Development Bank of India (Sidbi), Punjab National Bank (PNB) and Union Bank of India are coming together to…

#bank#banks#risk


Commerce Bank live with Surecomp’s NetIMEX

Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet…

#bank#exporters#risk


Atradius unveils new strategy

Revamp for increased, sustainable profitable growth Focus on core credit insurance business Divestment of business lines lacking mass and/or profitability…

#Atradius#debt collection#management

Coface receives Chinese business delegates

A group of Chinese businesspeople sought American guidance on a business tool that is relatively new to them - issuing…

#credit reports#international#management

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