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Trade Credit tag returned 78 results

  • Turkmenistan joins ICIEC

    Turkmenistan has become a member of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), which is part of the stable of the Islamic Development Bank Group (IsDB). Turkmenistan is the 47th member country of the trade insurance group.

    Middle East | 19 Sep 2019
  • Sinosure pays record claims on trade war risks

    As the US-China trade war intensifies, state-owned trade credit insurer Sinosure is stepping in to support Chinese exporters, providing low cost coverage and chasing down US importers unwilling or unable to pay mounting tariffs, reported Reuters.

    China | 13 Sep 2019
  • Algeria: Coface says political uncertainty is affecting private investments

    The political situation in Algeria and uncertainty over the country's governance should affect private investment, already penalised by a complex business environment, according to global credit insurer Coface.

    Middle East | 12 Sep 2019
  • South Korea: State-run trade insurer opens second branch in Vietnam

    The Korea Trade Insurance Corporation (K-Sure) has opened its second branch in Hanoi, Vietnam, in line with the South Korean government's efforts to help local firms penetrate deeper into the Southeast Asian market and boost exports, according to a report from Yonhap News Agency.

    Asia | 09 Sep 2019
  • India: IRDAI forms panel to update trade credit guidelines

    Insurance regulator IRDAI has formed a committee to review its three-year old guidelines on trade credit insurance to take into account changing market requirements.

    Asia | 05 Sep 2019
  • New CEO heads Euler Hermes' China operations

    Mr Christopher Shortell has been recently appointed as Euler Hermes China CEO. He is based in the insurer's Shanghai office and brings nearly 38 years of experience in commercial insurance and risk management amassed in Asia and the US.

    Asia | 27 Aug 2019
  • Africa: MIGA supports $6.3bn investments in North and Sub Sahara Africa

    MIGA (Multilateral Investment Guarantee Agency), a member of the World Bank Group, currently supports investments of $6.3bn in North and Sub Sahara Africa, over double that from six years ago, according to a statement released by the Agency.

    Africa | 26 Aug 2019
  • Japan: Govt offers improved trade insurance terms on overseas projects with ESG disclosure

    The Japanese government now offers better trade insurance terms for overseas projects where participants disclose information sought by investors adopting environmental, social and governance (ESG) investment principles.

    Asia | 21 Aug 2019
  • Lebanon: Lebanese businesses work with regional export credit insurer

    Lebanese companies signed $13.6m worth of export credit insurance contracts with Kuwait-headquartered Arab Investment & Export Credit Guarantee Corporation (Dhaman) in 2018.

    Middle East | 01 Aug 2019
  • UAE: Etihad Credit Insurance signs MoU with Chinese parties

    Etihad Credit Insurance (ECI), the UAE federal credit insurance company, has signed three strategic Memoranda of Understanding (MoUs) with China Export and Credit Insurance Corporation (Sinosure), the Industrial and Commercial Bank of China (ICBC), and the Bank of China.

    Middle East | 29 Jul 2019


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