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Recent changes to the Companies Act could reduce the chances of creditors getting paid when debtors go into liquidation, Credit Guarantee warned. Credit Guarantee said companies should ensure that they have enough insurance to cover credit sales, or risk not...
#guarantee#insurance#Paid
Malacanang is planning to grant P1 million for each town in the Philippines as part of its P30 billion lending…
#banks#risk#SME lending
Guatemala's government is drafting legislation that would provide a new regulatory framework for the insurance industry, an official from the…
#Bill#insurance#investments
The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for…
#assignment#risk#smes
Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…
#bank#commercial lending#management
Over the next 4 years Lincolnshire County Council will spearhead an innovative new loan scheme that will help give small…
#bank#guarantee#risk
A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Assurances Generales de France (AGF), France, and…
#acquisition#Allianz#international
An initial amount of ў21 billion loan agreement for the Trust Bank Limited has been signed between the Swiss State…
#bank#bonds#management
China plans to push forward the deregulation of its interest rates next year to boost lending to private companies, a…
#bank#Bank of China#interest rates
Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…
#insurance#interest rates#management
Chilean banks have used just 7% of a US$500million government-sponsored loan guarantee for small- and medium-sized enterprises (SMEs) debt restructuring…
#banks#economy#guarantee
Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…
#Allianz#bad debts#interest rates
Tyco said the sale of its CIT finance unit could be delayed a week. The company had promised to complete…
#CIT#CIT Commercial Services#international