BCR Latest News

EIB plans key regional role for Greece

Greece will play a key role in the European Investment Bank’s (EIB) activity in the Balkans and the Mediterranean, according…


US$3 million loan for Moldova’s SMEs

Thessaloniki-based Black Sea Trade & Development Bank (BSTDB), an international organisation, has granted a three year US$3 million loan to…


VAT rules to change on 1 May 2004

A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…


Foreign direct investment below expectation

The Investment Development Authority of Lebanon (IDAL) has said that in 2002 Lebanon recorded a dramatic increase in Arab Foreign…


Smaller companies experience liquidity squeeze

Growing numbers of small- and medium-sized companies (SMEs) are experiencing a liquidity squeeze as a consequence of rising costs in…


Guidance on calculating late payment interest needed

Almost three quarters of the 1,476 businesses surveyed on the Better Payment Practice Group’s (BPPG) website admitted that they are…


Scottish Pacific fails in A$1m meddling claim

A Federal Court judge has thrown out a A$1 million-plus legal action by Sydney-based business financier Scottish Pacific against rival…


Most SMEs operate without bank finance

Argentine banks reach only 23% of small- and medium-sized enterprises (SMEs) in the country with their financing options, according to…


Polish unit of Raiffeisen sees 2003 profits leap, SME credit…

Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…


Franchising – a winning formula

Franchising is a winning formula for budding entrepreneurs looking to gain a first foothold in setting up their own business.…


Re-positioning SMEs in the global market

Federation of Industries (FOI) president Anton Borg launched the forthcoming FOI conference to be held on 30 March when he…


Financial help vital for private businesses

China's top legislators and advisers are calling for the government to beef up efforts to solve funding difficulties that affect…


Budget baffles small businesses

Research out today commissioned by invoice and asset-based financier, Venture Finance PLC, reveals that worryingly few small- and medium-sized enterprises…


Fraud hammers Potential Finance results

Potential Finance Group PLC went into the red in a "challenging” year to September, with its results weighed down by…


Small business needs 1,000 billion rubles (US$ 35 billion) in…

Russia's small businesses need nearly a trillion rubles of financial resources, Yevgeny Primakov, president of the Russian Chamber of Commerce…


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…


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