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All credit insurance cover by Export Credit Guarantee Corporation of India Ltd. (ECGC) on exports to Iraq is likely to come to an immediate stop, after the United Nations suspended its `food-for-oil’ programme ahead of the commencement of hostilities in...
#exporters#exports#guarantee
HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…
#bank#banks#risk
Uncertainty abounds in the global economy, as equity markets disappoint, trade disputes proliferate and fears of war overwhelm. What kind…
#management#risk#trade
The Export Credit Guarantee Corporation Of India expects service exports to account for at least 15 to 20 per cent…
#emerging markets#exporters#exports
France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks…
#bank#banks#Credit Agricole
The number of business failures is poised to reach 70,000 over the next three years as a downturn in consumer…
#capital requirements#international#management
Underwriter Euler American Credit Indemnity has notified policyholders it will no longer insure their accounts receivable on business done with…
#insurance#receivables#risk
Coface saw a pattern of business last year opposite to that of 2001, with a second-half better than the first.…
#3M#guarantee#information systems
Standard & Poor's Ratings Services said today it lowered to 'BB+' from 'BBB' its long-term counter party credit and insurer…
#DEC#insurance#management
Potential Finance Ltd’s financial report for the year ended 30 September 2003 shows that the company is beginning to make…
#management#risk#risk management
The Mexican government will propose modifications to the Auxiliary Credit Organizations Law over the coming months, which would apply to…
#leasing#risk#Vice president
Coface, the French credit insurance specialist, has reduced its exposure to Brazil by 15% to US$1.08bn, daily Valor Economico reported.…
#AIG#banks#emerging markets
The Bank of England yesterday surprised the markets by cutting its primary interest rate by a quarter of a percentage…
#bank#Bank of England#interest rates