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The Industrial Bank of Korea unveiled its plan yesterday (26 September) to provide a total of 1,000bn won ($865.8m) in special loans to help small- and medium-sized companies (SMEs) out of their financial troubles. The local bank, which was established...
#bank#bankruptcy#Clear
Interfax Rating Agency, the strategic partner of Moody's in Russia, has assigned a long-term credit rating of A1 (rus) to…
#bank#interest#risk
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved in principle the offer of…
#bank#international#risk
The Asian Development Bank plans to make a loan of US$15m to the government's Philippine Export-Import Credit Agency (Philexim) to…
#ADB#bank#exporters
The pressure on small businesses to meet the soaring costs of compulsory employers liability insurance came a step closer to…
#risk#small business#small businesses
An enhanced service offering instant photographic access to documents filed at Companies House, including directors' signatures, has been launched by…
#Equifax#financial services#risk
The Export-Import Bank of Thailand has introduced new medium- and long-term export insurance covering risks for transactions over 180 days.…
#bank#Exim Bank#exporters
As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…
#3M#interest rates#receivables
Bank Industri group, comprising Bank Industri & Teknologi Bhd, Exim Bank and Malaysia Export Credit Insurance Bhd, has posted a…
#bad debts#bank#Exim Bank
Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find…
#bank#commercial finance#management
Greenfield Commercial Credit (Canada) Inc. (Greenfield Canada) announced today (6 August) that it has acquired a portfolio of seven factoring…
#acquisition#Commercial Credit#management
International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…
#3M#bank#international
According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…
#bank#Boost#insurance