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Bond issue proceeds destined to SMEs

Woori Bank, South Korea's second-biggest lender, has completed issuing US$166m worth of debts backed by a pool of low-grade corporate bonds in Hong Kong. The proceeds will be used to help cash-strapped South Korean SMEs. Hannuri Investment & Securities and...

#ABN AMRO#bank#small business

Charterhouse Group International is the first to license the...

Surecomp, a leading solution provider to the global wholesale banking and financial industry, announced today that Charterhouse Group International has…

#commercial finance#international#invoice


India offers US$10m line of credit to Morocco

The Export and Import (EXIM) Bank of India has offered to extend an initial line of credit of US$10m to…

#bank#Exim Bank#exports


EDC extends US$50m credit line to facilitate Canadian exports...

Export Development Canada (EDC) and OJSC Vneshtorgbank (VTB) of Russia have signed an agreement to put in place a US$50m…

#exporters#exports#funding


Minister announces financial support for small businesses in 2005

“The programme of support for small business will be started in 2005,” Andrei Sharov of the Ministry of Economic Development…

#bank#bank loan#interest rates


Better payment practice group updates advice for exporters

The Better Payment Practice Group (BPPG) has updated the exporting section of its website, www.payontime.co.uk to give businesses credit management…

#exporters#exports#management


Commerce Bank live with Surecomp’s NetIMEX

Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet…

#bank#exporters#risk


SMEs write off nearly Ј6.5 billion a year in...

Small businesses in the UK are losing a staggering Ј6.5 billion every year due to unpaid invoices, according to new…

#commercial finance#credit protection#invoice


Coface receives Chinese business delegates

A group of Chinese businesspeople sought American guidance on a business tool that is relatively new to them - issuing…

#credit reports#international#management


Coface chairman to meet with India’s Director General of...

Mr Francois David, chairman of Coface, the French export credit insurance agency, is coming to India on a five-day visit…

#exports#guarantees#management


Coface debts to be honoured

The Libyan finance minister, Mohamed Ali Elhouej, said in Paris that Libya intends to pay back before the end of…

#insurance#Paid#trade


EXIM Bank of Korea to give export credit to...

The Export-Import Bank of Korea (EXIM Bank) says it will offer a US$30m line of credit to Banco del Desarrollo.…

#bank#Exim Bank#exports

ECGC of India signs MoU with Russian banks

The Export Credit Guarantee Corporation of India (ECGC) yesterday signed a tripartite Memorandum of Understanding (MoU) with Vnesheconombank and Exim…

#bank#exports#guarantee

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