BCR Latest News

Record high of 100,000 German bankruptcies

German bankruptcies hit a record high last year as the fragile state of Europe's largest economy and rising private borrowing…


DTI guide – Creating Value from your Intangible Assets

Irrespective of sector, innovative organisations recognise that to maintain their competitive advantage they must continually seek to identify, develop and…


GE Commercial Finance in refinancing deal with British valve manufacturer

An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…


EFIC introduces new political risk insurance policy for plant &…

Export Finance and Insurance Corporation (EFIC) has introduced a new political risk insurance (PRI) policy for Plant and Equipment to…


Official export-credit programmes

Teximbank operates programmes designed to insure exports against commercial and political risks. The majority of the companies accessing the service…


Small business fury over tax break 'U-turn'

Gordon Brown closed a tax loophole for self-employed people two years after he created it, in a U-turn that infuriated…


AGF plans to build 10% on profit recovery in 2003

Allianz group’s French insurance subsidiary AGF has set itself the target of increasing operating profitability by 10% this year after…


Banks squeezed to lend more

Bankers reacted negatively to the government's move to prod lenders to free up loans to consumers and small companies. A…


Chancellor all 'enterprise' talk and no action – ACCA

Responding to the Chancellor's budget speech, the Association of Chartered Certified Accountants (ACCA) was disappointed with the ways the Chancellor…


Ex-Im Bank offers help to New England exporters to increase…

The Export-Import Bank of the United States (Ex-Im Bank) in cooperation with the US Department of Commerce, Small Business Administration,…


Surge in small business happiness

According to the latest quarterly survey by Bank of Scotland's (BoS) corporate banking arm, net optimism - the balance of…


Desarrollo buys 70% stake in factoring unit

Chile's Banco del Desarrollo announced that it has purchased a 70% stake in factoring company Bandesarrollo Factoring for an undisclosed…


EIB’s loans exceed 1 billion euros in 2003

The European Investment Bank (EIB), the European Union’s long-term financing arm, provided a total of Ђ1.2 billion for projects in…


EBRD delegation to sign new agreements

A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…


Corporate governance should be “driven by business, not regulators”, CBI…

The CBI criticised EU proposals to impose statutory obligations for independent audit committees, saying that corporate governance should be "driven…


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…


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