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According to the Banking Council of South Africa, nearly 1,200 businesses made use of debtor financing services in 2003; the total value of invoices financed increased by 63%, to R10.9bn (US$1.69bn). The turnover amount for debtor financing during 2003 is...
#bank#invoice#management
Kasikornbank (KBANK), in co-operation with the Small Industry Credit Guarantee Corporation (SICGC), plans to offer guarantees for small businesses under…
#bank#guarantees#small business
Depfa Bank Plc is planning to launch a credit insurance division in the first half of 2005 in anticipation of…
#bank#capital requirements#management
Small- and medium- sized enterprises (SMEs) in regional areas are expected to get better access to bank loans with the…
#bad debts#bank#management
So far, credit insurance has primarily been the domain of specialist brokers that have a good understanding of the products.…
#insurance
Israel Foreign Trade Risks Insurance Corp (IFTRIC) offers export insurance. The company was partially privatised in November 2001, when the…
The Export Credit Guarantee Corporation of India Ltd (ECGC) has arrived at a corporate agency agreement for the marketing of…
#bank#export credit insurance#exporters
The world's second-largest credit insurer, Atradius Credit Insurance of the Netherlands, will soon begin selling insurance in Poland through a…
#Atradius#bank#Deutsche Bank
China’s Export-Credit Insurance Corporation (EXIC) will provide US$29m in credit insurance, which will cover the financing of a soda plant…
#3M#insurance#investment
The lowest interest rates in more than 20 years have not significantly curbed company liquidations in South Africa, which for…
After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…
#bank#exporters#exports
Euler Hermes, the French credit insurance company, has announced that it has raised its stake in its Greek joint-venture, Phoenix…
The Export Credit Guarantee Corporation of India (ECGC) is finalising a special credit insurance package for software exports from India,…