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Consolidated turnover growth of 11.9% has been recorded over the first nine months to 30 September 2003. 9 months 2003 9 months 2002 % Change (1) Q3 2003 Q3 2002 % Change Q1 2003 Q2 2003 Consolidated total 811.4 725.1 11.9% 259.9 230.4 12.8% 296.9 254.6 By activity Insurance 601.1 526.0 14.3% 197.7 168.8 17.1% 221.3 182.1 Credit management services 165.3 153.3 7.8% 47.8 46.7 2.3% 60.3 57.2 Public procedures 45.0 45.8 -1.6% 14.4 14.8 -2.7% 15.3 15.3 By country of billing traditional...
#debt collection#exports#factoring risk
The International Finance Corporation (IFC) is finalising a deal to provide a credit line to Syria's banking sector, to be…
#bank#financial institution#international
Grants are a direct aid for future drawing of funds from EU Structural Funds. The Slovak Guarantee and Development Bank…
#bank#banks#guarantee
Money laundering poses a serious threat to South Africa's democracy and governance which have been hard earned, says the National…
#anti-money laundering#bank#economy
Poland has lured the nation's banks to finance pre-payments on EU programmes in return for a series of key legal…
#bank#banks#guarantees
The State Bank of Pakistan (SBP) has set a maximum exposure limit of Rs75m on banks and development financial institutions…
#bank#regulation#risk
In the opinion of Prof Gianmaria Gros Pietro, head of management economy at Turin University, a former president of state…
#banks#international#management
The Portuguese government has introduced several changes to the 1999 Securitisation Law with a view to improving the domestic securitisation…
#capital requirements#management#receivables
Britain faces tougher times throughout the coming decade, Mervyn King warned on Tuesday night in his first speech since taking…
#bank#Bank of England#interest rates
By Graeme Forbes, head of corporate finance with Grant Thornton. Uncertainty over whether the UK will join the euro is…
#risk#small business#smes
The Export Finance and Insurance Corporation (EFIC) finalised the sale of its short-term export credit insurance business to GERLING NCM…
#export credit insurance#exporters#guarantees
The Industrial Bank of Korea unveiled its plan yesterday (26 September) to provide a total of 1,000bn won ($865.8m) in…
#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