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risks

Official export-credit programmes

Teximbank operates programmes designed to insure exports against commercial and political risks. The majority of the companies accessing the service are small, first-time entrants to what are deemed high-risk export markets. To read details of the programmes available from Teximbank...

#exports#political risks#risk

Euler Hermes acquires full ownership of Finland's FCIC

Euler Hermes, the credit insurance unit of Assurances Generales de France (AGF), said it has acquired full ownership of Finland's…

#insurance#receivables#risks


Weak dollar hinders eurozone recovery

The downward trend of the US dollar, which has now lasted for more than a year, benefits American industry but…

#bank#banks#exports


Bail granted to bank fraud executives

A judge granted bail to two brothers accused of defrauding a Portuguese bank branch out of $170 million that was…

#bank#Paid#risks


EU Economic Affairs Commissioner fears higher rates

EU Economic Affairs Commissioner Pedro Solbes has warned that the EU's failure to take action against French and German violations…

#GDP#interest rates#management


Hermes wants to expand business in Kazakhstan

Germany's export credit insurance agency Hermes is interested in expanding its business in Kazakhstan, according to Hermes’ representative, Andreas Gehring.…

#export credit insurance#exports#international


Change in invoice law to boost factoring operations

The Chamber of Deputies has approved a bill granting invoices executive status, which forces payment without the need for long…

#guarantees#invoice#receivables


NAB Business Conditions Survey confirms a strong economy despite...

The Australian economy is showing unrelenting strength, with forward orders and capital expenditure accelerating in trend terms through the September…

#bank#inflation#interest rate


South African Reserve Bank cuts key repo rate by...

The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in…

#bank#interest rates#international


World Bank sees faster global growth but high risks...

The world economy should gather pace in 2004, but risks to the outlook, including Iraq, SARS, and the US budget…

#bank#exports#risks


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 lending to SMEs up 17.8% in 2002

Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…

#bank#investment#risks

Vietcombank provides US$32 million for SME loans

The Viet Nam Foreign Bank (Vietcombank) has pledged about US$32 million in loans this year to help small- and medium-sized…

#bank#risks#SME loans

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