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HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the European Investment Bank (EIB) on Monday. The agreement modifies a Ђ80m EIB Global Loan Agreement with HVB signed in December...
#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
Business services group Numerica Group plc today announced that, following an audit by the International Standards Organisation(ISO), its ISO 9001…
#international#management#risk