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Coface, the credit management and insurance group, has bought the credit insurance business of Australian underwriting agency, Dexta. Dexta Corporation Ltd provides insurance and risk services and underwrote a total premium of A$12.3m in 2003. The company has underwritten and...
#3M#insurance#management
Compared with the glamour and engineering dexterity on display in a tour round one of Boeing's aircraft factories in Seattle,…
#banks#commercial finance#financial services
Equifax Plc, the business information provider, has launched eDecision, an online credit application processing and scoring solution aimed at providing…
#Equifax#fraud detection#risk
Wilfried Verstraete, has been appointed as the new CEO and Chairman of the Management Board of Atradius, a leader in…
#Atradius#international#management
According to the eleventh - and final - report on finance for small firms, "there was little evidence of smaller…
#bank#Bank of England#business finance
The Central Bank of Korea (BOK) on Monday predicted there could be a series of bankruptcies of small companies and…
#bank#exports#international
Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job…
#bank#credit risk#risk
Credit insurer Coface said payment default risk in China is still low but traders need to be cautious and selective…
#bad debts#credit risk#risk
Over half of Irish exporters had customers who did not pay them over the last year, according to a survey…
#bad debts#cash-flow#exporters
Malaysian banks will adopt a two-phase approach in complying with the Basel II Capital Accord, says Bank Negara Malaysia’s governor.…
#bank#banks#risk
France's bank for SMEs, Banque du Developpement des Petites et Moyens Entreprises (BDPME), registered an 8.6 per cent rise in…
#bank#risk#smes
The Small Industries Development Bank of India (SIDBI) has decided to set up a ‘Growth Fund’ to provide risk capital/…
#bank#financial institution#risk
The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…