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First and largest international microfinance bond issued

International microfinance, which provides small loans to micro-entrepreneurs to help them rise out of poverty, just got a huge boost. Late last month, the Grameen Foundation USA (GF-USA) announced the offering of the first microfinance bond issued from US capital...

#bank#bonds#international

New regional managing director for Cattles Invoice Finance

Cattles Invoice Finance has strengthened its northern team with the promotion of Wayne Smith to regional managing director for the…

#invoice#management#risk


Late payments and defaults from overseas down in Q2...

Hong Kong firms reported fewer late payments and defaults from overseas in the second quarter as the global economy improved,…

#economic outlook#exporters#payment defaults


Basel II and Technology – Minimising Operational Risk

“One of the biggest challenges facing most European financial institutions is to ensure the implementation of fully Basel II compliant…

#financial institutions#financial services#international


Latest country risk trends from Coface

Continued robust growth in the US and Asia, including Japan, marked the second quarter, fostering dynamic world trade that also…

#exports#interest rates#payment behaviour


Government to enhance credit risk monitoring of SMEs

The government plans to enhance credit risk monitoring of companies with outstanding loans of 5 billion won (US$4.27 million) or…

#credit risk#risk#smes


Coface UK warns steel industry of looming credit risk

A warning of trade traps erupting from the surge in steel prices has come from Coface UK, a subsidiary of…

#credit risk#insurance#international


Shenzhen SME-listed company in fraud scandal

Jiangsu Qionghua, one of the first group of companies listed on China's newly-established board for small- and medium-sized enterprises (SMEs)…

#management#risk#smes


Coface to cover Ђ100m French-Russian credit line

Coface, the credit insurer, has said it will insure a Ђ100m credit line for the financing of French exports to…

#bank#exports#guarantee


Credit insurer and factor back to profitability

Atradius, the credit insurance and credit management firm, with an estimated 25 per cent world market share, has reported a…

#Atradius#management#receivables


Germany and France lead Europe…with insolvencies

Euro 2004 hosts, Portugal, have witnessed the highest increase in business insolvencies compared to the rest of Europe – according…

#exporters#insolvencies#insolvency


Late payments cost business Ј20b a year

A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments…

#British business#late payment#management

Public company bankruptcies are at lowest number in six...

Approximately 110 public companies will file for bankruptcy in 2004, substantially fewer than in any of the past six years,…

#bonds#interest rates#international

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