BCR Latest News

Tenth interest rates cut since December 2002; down to record…

Norway's central bank cut its key interest rate on Thursday by 25 basis points to a new record low of…


Intrum Justitia: regional managing director for UK and Ireland appointed

Intrum Justitia, Europe's leading credit management services company, today announced the appointment of John Easden as regional managing director for…


The search for the British Small Business Champion of 2004…

The national hunt for the 2004 British Small Business Champion is about to kick-off for its third year. The competition…


Financial Secretary Henry Tang’s maiden budget well received

The government of the Hong Kong Special Administrative Region is taking firm measures to rein in its budget deficit, which…


Economy shows no signs of slowing

China's industrial output soared 23.2 per cent in February from a year earlier, official data shows, suggesting the economy is…


Economic growth expected to exceed government forecast

Singapore is poised for its strongest economic growth in 4 years. The Singapore economy is expected to grow at the…


HSBC launches this year’s Start-Up Stars Awards to find Britain’s…

HSBC Bank begins its search for Britain’s top new businesses and the entrepreneurs who run them with the launch of…


SMEs’ exports helped by proxy overseas offices

KOTRA's overseas offices, which serve as foreign branch offices for local small and medium enterprises (SMEs), helped chalked up US$1.02…


Alleged MX Factors fraud case latest; judge freezes assets of…

Riverside, California firm MX Factors and its two Inland Empire investment arms -- all three accused of running a multi-million-dollar…


GE Commercial Finance expect double-digit profit growth in 2004, better…

General Electric Co.'s (GE) huge commercial finance arm, in contrast to its parent company, continues to expect another year of…


Opportunities for SMEs

Sarawak ranks high among other States in Malaysia that generated investments for the country last year with a contribution of…


CEDB signs EUR 20 million agreement for SMEs financing

The Council of Europe Development Bank (CEDB) and Raiffeisenbank - Bulgaria signed Ђ20 million framework agreement for financing small- and…


The year 2003 was a good one for the bank…

The Special Investigation Commission (SIC), which was set up by the authorities to investigate money-laundering activity in Lebanon, received 272…


SMEs should treat new tax-free incentive for filing returns online…

The Inland Revenue's offer to small employers of up to Ј825 over the next four years for filing their returns…


New survey shows upturn in service sector

The service sector upturn has arrived with business volumes rising across the sector at the fastest rate for over a…


Financial black hole in corporates’ finances can spell mortal danger…

Atradius, a global leader in credit insurance and credit management, has warned of the dangers faced by suppliers of companies…


Experian launches new international report service

Experian®, the global business solutions company, has launched a new international service – providing financial and credit checking information on…


Euler Hermes sees 88% jump in profits, largely powered by…

French credit insurer Euler Hermes saw its 2003 net profit increase by 88 per cent to Ђ146.1m, although sales only…


Guarantee provided by IPI Financial Services to GMAC Commercial Finance…

IP Innovations Financial Services, Inc., a provider of specialised financial guarantees and credit enhancements, has successfully assisted GMAC Commercial Finance…


Financial Secretary expected to present friendly first budget, say analysts

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…


National revenue up 14.7% in 2003

China's national revenue exceeded 2 trillion yuan for the first time to reach 2.1691 trillion yuan in 2003, said Minister…


Strong exports power manufacturing upturn

Strong exports have been powering the manufacturing industry upturn, the state-funded Korea Development Institute (KDI) has reported. It said economic…


Canbank Factors investment opportunity

The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank…


SMEs and consumers help likely bank loan growth by 6pc…

Bank loans may grow by about 6 per cent this year, the strongest yet six years after the regional financial…


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