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securitisation

French credit insurer suffers profit slide as factoring arm...

French credit insurer Euler & Hermes (F.EUL), which is 67.4%-owned by Assurance Generales de France (F.AGF), said Thursday its net profit slid to Ђ51.2 m in 2002, compared with Ђ90.4 m a year earlier. The company has been affected by...

#interest#interest rates#securitisation

Chamber of Commerce seeks Securitisation Act review

The Chamber of Commerce (PHDCCI), in its pre-Budget memorandum, has urged the Government to review the Securitisation Act, provide longer…

#conference#financial institutions#investment


UK and Ireland biggest players in European securitisation market

A report by Moody's Investors Services, last year confirmed the UK and Ireland as the biggest player in the European…

#economy#interest#securitisation


Citibank to focus on SMEs through transportation funding

Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…

#bank#banks#funding


Budget should look to modify credit norms for SSIs

The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…

#bank#guarantee#securitisation


Bill Introduced Concerning “Factoring” of Payments to Victims of...

A new federal bill, The Structured Settlement Act (HR 5421), was introduced on 6 October 2000. This legislation is intended…

#insurance#securitisation#trade


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