BCR Latest News

Allahabad Bank in export insurance deal

Allahabad Bank has entered into a bancassurance pact with the Export Credit Guarantee Corporation of India - ECGC Ltd, an…


Late paying firms leave temp agencies to fund British industry…

Figures announced last month by the Recruitment and Employment Confederation (REC), the trade body for employment agencies in the UK,…


IMEX and IBSnet awarded 2004 SWIFTReady Gold label

Surecomp, a leading provider of trade finance solutions for the wholesale banking industry has been awarded the 2004 SWIFTReady Gold…


Cattles help Blays on the path to growth

Manchester-based Blays Guides has formed a partnership with Cattles Invoice Finance to fund the growth of its new venture, a…


EFIC provides financing guarantee for Bangkok aquarium

The Export Finance and Insurance Corporation (EFIC) announced today that it has provided a 300 million Thai Baht (A$10 million)…


FDI to Bulgaria up 50%

Direct foreign investments (FDI) to Bulgaria jumped by 50.4 per cent reaching BGN 1360.7 million in 2003 as compared to…


Money laundering laws to hit small businesses

New regulations on money laundering came into force on 1 March and those affected need to be aware of them…


As margins shrink, corporate banking under pressure

As margins shrink, corporate banking will also need to change and bankers will have to look at increasing their revenue…


Euro Sales Finance appoints new top management team

Euro Sales Finance (Euro Sales), a specialist provider of invoice finance has today announced the appointment of John Bevan as…


European Action Plan for SMEs

The European Commission has published Action Plan: The European agenda for Entrepreneurship as part of its effort to narrow the…


Manufacturers' orders best for three years – CBI survey

Rising demand at home and abroad is underpinning the fledgling manufacturing recovery despite the increasing strength of the pound. The…


SME confidence on the rise in February

Ecostat's poll of Hungarian SMEs showed that pessimists outnumber optimists with regard to both their own situation (by 38% to…


Bank Indonesia wants banks to lend more to SMEs

Bank Indonesia will push the country's banking sector to allocate a greater amount in loans to small- and medium-sized enterprises…


Banks should support small businessmen

Addressing the Confederation of Central Luzon Rural Banks at a forum in Makati City yesterday afternoon, presidential candidate Raul Roco…


Banca Intesa's factoring unit profit up 27%

Intesa Mediofactoring, a unit of Banca Intesa SpA has announced its full year net profit, which rose 27.1% to Ђ28.2…


Bibby Group launch national business support service

The Bibby Financial Services Group has announced the launch of a national support service for UK businesses. The service, which…


Versailles boss milked millions

Frederick Clough, Versailles' disgraced former finance director, siphoned off cash to give to his wife, a long-term girlfriend and pals,…


Laurentian Commercial Financial results announced

Laurentian’s Commercial Financial Services, which handles commercial loans and larger financings as part of banking syndicates and factoring, leasing and…


Acting premier speaks for elimination of barriers to small businesses

Victor Khristenko, the acting prime minister of Russia, said that the Russian government must remove all of the negative issues…


Securitised bond for SMEs by year-end

By the end of the year, Singapore should see its first asset-backed securitization aimed at supporting small- and mid-sized companies…


Lithuania's leasing portfolio may grow by 30 per cent this…

In the past four years, Lithuania's leasing market has expanded at a rate of about 50 - 60 per cent…


Versailles chief faces fraud charge for villa loan

Peter Williams, the former chairman of paper and packaging group DS Smith, lent Ј600,000 to Carl Cushnie, chairman of collapsed…


The future’s bright for franchising

The future is looking decidedly rosy for the franchising industry according to the latest survey of potential franchisees and franchisors…


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