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Trade-credit insurance thrives in current climate

Uncertainty abounds in the global economy, as equity markets disappoint, trade disputes proliferate and fears of war overwhelm. What kind of business can thrive in such a stew? Trade-credit insurance, says a veteran practitioner. Peter Aitken, a vice president with...

#management#risk#trade

Export credit insurer predicts increased market share and diversification

The Export Credit Guarantee Corporation Of India expects service exports to account for at least 15 to 20 per cent…

#emerging markets#exporters#exports


Malaysian credit insurer signs pact with Russia to facilitate...

Malaysian exporters are now able to sell to Russian buyers on credit terms, said Bank Industri and Teknologi Malaysia Bhd.…

#bank#export credit insurance#exporters


Insurer reported to have cancelled coverage on US Foodservice...

Underwriter Euler American Credit Indemnity has notified policyholders it will no longer insure their accounts receivable on business done with…

#insurance#receivables#risk


SMEs seek government help in boosting exports

Indonesian small- and medium-sized enterprises (SMEs) have called on the government to provide help in promoting their products overseas to…

#exporters#exports#smes


Exim Bank of India supports exports to Philippines

Exim Bank has extended a line of credit of $2m to the Trade & Investment Development Corporation of the Philippines…

#bank#exporters#exports


Trade association calls on government to 'Clear backlog in...

The Kanara Small Industries Association (KSIA) has asked the Karnataka Government to take steps to provide adequate Budgetary support for…

#Clear#conference#crisis


US SMEs to look at South East Asia export...

A trade mission led by the head of the US & Foreign Commercial Service (USFCS) will visit trading partners Thailand,…

#economy#exports#Produce


UK banks favour rescue and rehabilitation over insolvency

According to PricewaterhouseCoopers, mid-market companies have been particularly hit by the rise in company insolvencies in 2002. As a raft…

#financial services#insolvencies#insolvency


ADB extends US$85m in export credits to SMEs

The Asian Development Bank (ADB) agreed to extend US$85m in export credits to Indonesian small- and medium-size enterprises (SMEs) on…

#ADB#bank#exporters


The Chartered Institute of Purchasing and Supply joins the...

The Better Payment Practice Group (BPPG) has welcomed The Chartered Institute of Purchasing And Supply (CIPS) as its latest member.…

#i#management#payment terms


ABN to provide US$80 m trade finance facility

The International Finance Corporation, (IFC), and ABN Amro signed an agreement to provide Pakistan with a US$80 million trade financing…

#ABN AMRO#bank#exports

New sectors eligible for Small Firms Loan Guarantee Scheme

Thousands of small businesses will find it easier to obtain bank loans thanks to changes announced in the Pre-Budget Report.…

#3M#bank#guarantee

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