BCR Latest News

New redundancy pay rules to add $190m to SME’s annual…

More than 540,000 small businesses, for the first time, will be forced to provide redundancy pay to sacked workers in…


Siam General Factoring Plc's buys expertise in merger

Siam General Factoring Plc's purchase of Global Thai Finance will bring financial expertise to the former and a backdoor listing…


Bibby Group of Factors announces new appointments

Bibby Factors, part of the Bibby Financial Services Group, has announced three appointments in the Northeast, West Midlands and Sussex…


The Royal Bank Of Scotland Commercial Services strengthens North region

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…


Slovenia sign deal to boost trade cooperation

Following the Joint Economic Commission (KEK) meeting in Ankara, Deputy Prime Minister Abdullatif Sener and Slovenian Economy Minister Tea Tapetrin…


Bank Leumi USA appoints three experienced factors to New York…

Bank Leumi USA yesterday announced the appointment of three vice presidents, Mitchell Meth, Ralph Mascia, and Mary Ellen Bianco, to…


First farm produce export credit insurance case settled

Shandong Zhucheng Foreign Trade Group Corporation (Zhucheng Foreign Trade), a leading poultry meat exporter, has received compensation of US$760,000 from…


Exchange 'slow to freeze Versailles'

London Stock Exchange regulators waited eight months before they suspended trading in shares of collapsed finance group Versailles despite being…


Job-creating firms to get big tax cut

Business start-ups that hire more than 10 employees will enjoy tax exemptions of up to 100 per cent over the…


SMEs should read up on finance, say investors

Entrepreneurs and growing businesses should research the different finance options on offer or risk missing out on crucial cash backing,…


Agencies in pact to offer consultancy to SMEs

The Institute of Small Enterprises Development (ISED) and British Executive Service Overseas (BESO), an international developmental agency in the UK…


Defendant acquitted in Versailles trial

The Serious Fraud Office (SFO) suffered a fresh blow to its credibility yesterday after Lorraine Jones, one of the two…


Creative import procurement and financing options

A high-profile presentation on creative import solutions by UAE-USA joint venture firm, Al Taasees, was opened in Dubai yesterday by…


Central bank rate cuts surprise market

The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…


Industry upbeat about growth

Greek industry has prospects for dynamic growth in the post-2004 environment, mainly due to extensive restructuring, which has enabled it…


COFACE Algeria’s first credit insurer – BNA

BNA Finances, published by the National Bank of Algeria (BNA), has named COFACE as the first credit-insurer operating in Algeria.…


Ј26m funding package spells a bigger, better Bibby

Bibby Financial Services has secured Ј26m of funding to boost its UK operations and to drive its international expansion. The…


New VAT rates to be applied from May 1

The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per…


Central bank reports rise in delinquent firms

The number of service businesses that defaulted on payments jumped last month. The Bank of Korea said yesterday that 401…


SVB Holdings PLC acquires trade credit insurer

SVB Holdings PLC, the specialist insurance and reinsurance group, today announces that it has acquired the business of Credit Indemnity…


ISME warns postal disruption will hit small business sector

The disruption to the postal services is already hitting small businesses hard and could result in redundancies within days, the…


EXIM Bank to buy stake in Zambian Development Bank

The Export and Import Bank of India (EXIM Bank) is to pick up about a 20 per cent stake in…


SMEs take advantage of zero import tariff

Malaysian companies, especially small- and medium-sized enterprises (SMEs), have started to take advantage of the zero import tariff on Hong…


SMEs expect higher revenue 2004, but not profit growth

Singapore's small- and medium-size enterprises (SMEs) are expecting an increase in sales this year, but they don't expect this to…


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