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Manufacturers' fears allayed as demand holds firm – CBI

Manufacturers more pessimistic expectations three months ago did not materialise. (more…)

#bank#exports#interest rates

StanChart to unveil agri financing scheme for SMEs

Standard Chartered Bank plans to introduce an agricultural financing scheme next year to assist SMEs. (more…)

#bank#risks#smes


Danamon prospers from asset-based financing program

Bank Danamon Syariah disbursed Rp35bn in asset-based financing as of the end of September, after introducing the scheme in July. (more…)

#bank#interest#investment


Romanian companies face increase in bankruptcies

According to Coface the number of bankruptcies in Romania grew to 7,500 this year. (more…)

#Commercial Credit#insurance#management


Banca Italease aim for net profit EUR70m by 2010

The board of Banca Italease has approved a EUR700m capital hike and a new 2008-2010 business plan. (more…)

#bank#guarantee#management


National Factoring Company opens rep office in Kaliningrad

The Kaliningrad office will be the 19th opened by National Factoring Campany in its regional network. (more…)

#invoice#management#risk


Banca Italease realigns risk management after losses

Directors and auditors at Banca Italease have resigned and the bank has realigned its risk management department in the wake…

#bank#management#risk


Moody's rates Russian factorer Eurokommerz

Factoring group Eurokommerz has received a B2 long-term foreign and local currency rating from Moody's, with a stable outlook. (more…)

#liquidity#management#risk


Nigerian financial system still offers limited access

Protracted challenges in the system, include the limited availability of secured lending products like leasing, supplier credit, warehouse receipt, factoring and other…

#banks#leasing#liquidity


Factoring could be 50pc of Coface unit earnings in...

The Chilean unit of French credit insurer Coface expects its recently launched international factoring business to represent 50% of its…

#export credit insurance#exporters#international


Moody s upgrades Atradius Reinsurance Ltd to A2

Moody s have upgraded Atradius Reinsurance Ltd from Baa1 to A2, bringing the Atradius Reinsurance rating in line with the…

#Atradius#insurance#reinsurance


Coface to launch factoring ops in Japan this month

French credit insurer Coface will start offering factoring services in Japan this month, the first time it has provided this…

#insurance#international#receivables

Coface ups Jan-Sep premiums 38pc

The Chilean subsidiary of French credit insurer Coface grew written premiums 38.4% from January-September this year to (more…)

#Boost#export credit insurance#insurance

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