BCR Latest News

SME survey shows confidence still high, but waning; employment up

Economic expectations improved with 19 per cent of small- and medium-sized enterprises (SMEs) expecting Australia's economy to be better in…


ECGC identifies factoring as key business growth area

Export Credit Guarantee Corporation of India Ltd (ECGC), now beefed up with a higher equity base, has identified factoring services…


Banco do Brasil boosts export lending 17%; SMEs benefit

Brazilian federal bank Banco do Brasil (BB) boosted export lending under its Proex programme by 17% in January to US$9.6m,…


World Bank and Turkey sign export finance loan deal

The World Bank and Turkey have signed a US$303m Export Finance Intermediation Loan (EFIL) Agreement. The agreement was signed by…


Government will give importance to SME sector

The Kerala Government will give equal importance to the development of the small- and medium-sized enterprises (SMEs) as to other…


Foreign investments jumped 50% in 2003

Foreign inflows soared 50 per cent from 2002 as Russia attracted a record US$29.7 billion last year. Foreign loans led…


AllBank in pact to sell ECGC products

The Export Credit Guarantee Corporation (ECGC), which offers credit insurance protection to exporters has entered into a bancassurance agreement with…


ABS Global Factoring considers stock market flotation

ABS Global Factoring, the German factoring company, says that it is considering a flotation on the stock market. The company…


Memorable move by Lloyds TSB Commercial Finance

Lloyds TSB Commercial Finance today unveils its plans to unite its asset-based lending (ABL) brands together under the Commercial Finance…


Cattles Invoice Finance funds Plastic Pallets contract

Tamworth-based Plastic Pallets has secured a Ј1.8 million contract with the Grampian Country Food Group following a funding partnership with…


Bank Millenium sign purchase agreement

The management board of Warsaw-based Forin Sp. z o.o. has announced that following the signing of an agreement on 6…


New money-laundering attack

The Ministry of Finance and Economy is trying to suppress money laundering by strengthening the powers of the Korea Financial…


Asociacion Espanola de factoring reports factoring volume up 18% in…

Asociacion Espanola de factoring (AEF), the Spanish factoring association, has released figures for 2003 showing a factored total of Ђ37.49…


Bank of Asia on negative watch

Fitch Ratings, the international ratings agency, has placed Bank of Asia’s long-term and short-term debt on negative watch following news…


New credit insurance schemes for emerging export streams

ECGC Ltd is now in discussions with various trade organisations, software exporters as well as Nasscom (National Association of Software…


GMAC CF in working capital and term loan funding to…

Carbo plc, the Manchester-based industrial abrasives manufacturer and distributor, announced today that it has successfully concluded an agreement with GMAC…


Lib Dems say name and shame persistent late payers

Big firms that persistently make late payments to suppliers should be named and shamed on a register, according to a…


GMAC CF expands European activities

GMAC Commercial Finance (GMAC CF) is expanding its European operations with new operations in Poland and Germany. Over the last…


Versailles receivers search for Ј10m

Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…


Kazakhstan receives US$24.5 bn of FDI

Total foreign direct investment (FDI) in the Kazakh economy in 1993-2003 amounted to US$24.5 billion, Yerlan Arinov, head of the…


Culture of late payment shows no signs of abating

More than five years after the government brought in legislation to curb late payment, the average payment period of companies…


Small Debt Resolution Scheme to help SMEs

Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the…


Insurance Company Enters US Credit Insurance Market

Building on 10 years of steady growth in North America, Coface Holding Company, N.A., a unit of Coface Group, today…


New initiative from EUROFACTOR plugs gap in market

EUROFACTOR, the business finance experts, have launched a new initiative aimed at encouraging small and young businesses to 'take control…


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