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Gerling NCM Insurance Group still on Credit Watch Negative

Standard & Poor's Ratings Services has commented on the CreditWatch status of Germany-based credit insurance company Gerling NCM Credit and Finance AG (Gerling NCM), reflecting the impact of its new shareholder structure. This follows the announcement on 7 May that...

#bank#Deutsche Bank#risk

JSE names Investec as adviser on SMEs to list...

The JSE Securities Exchange South Africa (JSE) has announced that Investec Corporate Finance will be the first adviser to select…

#Investec#management#security


Desarrollo studies factoring acquisition

Chilean bank Banco del Desarrollo is considering the acquisition of a factoring agency aimed at complementing its services to the…

#bank#Credit Agricole#small businesses


Companies Annual Report 2002 – 2003 published today

The Companies Annual Report is published today by The Stationery Office. The report contains facts and statistics on: Company Law…

#compliance#trade


ECGD backs UK exporter in Brazilian Air Force deals

The Export Credits Guarantee Department (ECGD) is backing a British exporter who has won business worth Ј22 million to supply…

#Amazon#bank#bank loan


The strong euro drags exports to Britain 45% down...

Exports are predicted to slump by an unprecedented Ђ18.7 billion this year because of the strength of the euro, the…

#economy#exporters#exports


Secretariat of Tourism launches support for SME sector

With the backing of the Economy Secretariat, Nacional Financiera (Nafin) and the commercial banking sector, the Secretariat of Tourism (Sectur)…

#bank#economy#investments


ECGD provides credit insurance for multi-million dollar sale of...

The UK government’s Export Credits Guarantee Department (ECGD) is backing Bombardier Aerospace for the first time on several multi-million dollar…

#bank#exporters#guarantee


US expects decision soon on Iraq Trade Bank

Speaking on the sidelines of a conference on Iraqi reconstruction, Peter Saba, chief operating officer of the US Export-Import Bank,…

#bank#Boost#conference


IFB report “excellent results in difficult economic circumstances”

International Factors Belgium (IFB), has announced pre tax profits of Ђ6.7 million for the twelve months to 31 December 2002…

#Clear#international#management


New African country joins insurance scheme

Eritrea has become the ninth country to sign up to the only pan-African credit insurance agency The African Trade Insurance…

#bank#international#political risks


Trade Finance readers vote Zurich North America Unit best...

Zurich Emerging Markets Solutions (ZEMS), the Washington, DC-based political and credit risk insurance unit of Zurich North America, has been…

#credit risk#emerging markets#international

Export credit premiums set to rise 10-15% this year

Premiums for export credit insurance are poised to rise 10 to 15 per cent this year, following a similar rise…

#exports#insolvency#international

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