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 ?
Further information: Hermes GPE Peter Ogden, Maitland +44-20-7379-5151
By doing so, Hermes raised the lowest bid amount that companies could submit, Hertz said.
EFG Hermes Leasing CEO Ahmed El-Kholy pointed out that the company has already started "signing contracts despite the company coming into being only four months ago", something he described as a "strong signal to the market of both our excitement and our proactive approach to entering this promising space".
LVMH fought back with proceedings against Hermes for libel.
Amr is exactly the type of leader we look for at EFG Hermes," said Kashif Siddiqui, Co-CEO of the Investment Bank at EFG Hermes.
Hennessy Louis Vuitton, the world's largest luxury goods maker, raised its stake in Hermes to 23.
Euler Hermes has over 100 years of experience in corporate client support and we look forward to sharing our expertise with DMCC's diverse member base.
It added that the call option over the additional 25 percent would be exercisable over the next two years at the sole discretion of EFG Hermes and at terms, including pricing, same as those applicable to the acquisition of the initial 65 percent.
Spinner, through Hermes, creates plenty of drama and action in these stories, and a reader can imagine storytellers throughout the centuries holding their audiences enthralled as they tell of the strengths and foibles of the Greek gods and goddesses.
Magia, alchimia, scienza dal '400 al '700: L'influsso di Ermete Trismegisto / Magic, Alchemy and Science: The Influence of Hermes Trismegistus.
A team of astronomers has spotted Hermes, an asteroid that disappeared into the night after a close flyby of Earth in 1937.
Since religiously impoverished Fran has no particular deity in mind, she ends up with the rambunctious, life-affirming god Hermes (Dwier Brown).