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ADB loan to Philexim aimed at SME exporters

The Asian Development Bank plans to make a loan of US$15m to the government's Philippine Export-Import Credit Agency (Philexim) to support the financing of small- and medium-scale (SME) exporters, Philexim president Joel Valdes said. "Our projections show that in two...

#ADB#bank#exporters

Small firms given hope of cheaper liability premiums

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


EQUIFAX offers online images of Companies House documents to...

An enhanced service offering instant photographic access to documents filed at Companies House, including directors' signatures, has been launched by…

#Equifax#financial services#risk


Exim Bank offers two new insurance plans

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


Natexis Factorem reports drop in factoring turnover

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 posts record pre-tax profit

Bank Industri group, comprising Bank Industri & Teknologi Bhd, Exim Bank and Malaysia Export Credit Insurance Bhd, has posted a…

#bad debts#bank#Exim Bank


GE Commercial Finance eyes up Resona’s leasing businesses

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. announces it has acquired...

Greenfield Commercial Credit (Canada) Inc. (Greenfield Canada) announced today (6 August) that it has acquired a portfolio of seven factoring…

#acquisition#Commercial Credit#management


Euler Hermes authorised to cover medium to large company...

International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…

#3M#bank#international


Credit insurance to boost non-bank factoring

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


Equifax warns businesses that re-verification of existing customers is...

Leading information provider, Equifax, is warning financial organisations that the burden of money laundering on businesses will not be reduced…

#anti-money laundering#management#regulation


Gerling NCM Insurance Group still on Credit Watch Negative

Standard & Poor's Ratings Services has commented on the CreditWatch status of Germany-based credit insurance company Gerling NCM Credit and…

#bank#Deutsche Bank#risk

United Capital – even the bad times are good

While some businesses struggle to stay afloat in the choppy economy, United Capital Funding is profiting from the storm. The…

#bad debts#bank#financial services

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