Hermes


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Hermes

The trade finance agency for Germany.

Hermes

An export credit guarantee issued by the German state. Hermes covers guarantee payment on certain exports in case the importer defaults. They are used to cover between 2% and 3% of German exports. This allows the exporters to charge lower prices for their products because of the reduced risk. As with all export credit, Hermes is controversial; critics allege that it negatively impacts international development, as developing countries cannot compete with such insured exports. Proponents argue that they enable developing countries to import products they otherwise would not be able to afford.
References in periodicals archive ?
Establishing a direct presence in the country was the next logical step as we continue our regional expansion drive," said EFG Hermes Securities Brokerage managing director Sherif Cararah.
Until recently, scholarly and hermeticist approaches to Hermes and his heritage have been rigorously kept apart.
According to Euler Hermes the acquisition is an important step in its plans to strengthen its position in the Nordic countries.
Binzel (MIT) shows Hermes to have an S-type (stony) composition, which is fairly common among objects in the inner half of the asteroid belt.
This year, Hermes will be at its closest--a comfortable 7 million km away--on Nov.
Security is obviously a concern for Hermes, as Diamond said that the firm was not comfortable releasing photographs or renderings of the new space.
The sales areas are on the first to fourth floors, and a museum is located on the fifth floor displaying items relating to the history of Hermes.
But if ESPN or ABC or CBS comes calling, Hermes is ready.
For its part, LVMH strongly reaffirms that the acquisition of its stake in Hermes was entirely legitimate and that unlike Hermes, it awaits the outcome of the AMF enquiry with complete peace of mind.
At the media launch here, the press was asked to download an app created for the fragrance, which includes an augmented-reality feature-an animation of the mini movie that stars several young women in some sort of a caper-slash-dance on the streets of Paris, ostensibly on rue de Faubourg, where the Hermes flagship is.
EFG Hermes, and Saxo Bank have signed a strategic partnership agreement, which is designed to enable the full integration of Saxo Bank's SaxoTraderGO platform with EFG Hermes' new online trading platform, EFG Hermes One.
EFG Hermes to Expand into the United States with Permanent New York Office.