BCR Latest News

GE's 4th quarter confounds doubters

General Electric's transformation strategy received a reassuring lift as strong fourth-quarter earnings confirmed that external economic conditions have switched from…


Small businesses tap into free MBA expertise

“When, in the space of a year, the revenue growth of Ken Taylor Plumbing, a 40-year-old, one-man plumbing service in…


Credit insurance broker consolidations to accelerate in 2004

Credit insurer Atradius predicts that the number of specialist credit insurance brokers in the UK & Ireland is likely to…


EXIM Bank roadmap to double trade finance volume

The Export-Import Bank of Korea (EXIM Bank) said yesterday that it will increase its trade finance volume to 14 trillion…


Toprak Factoring joins Altэnbaю group

Toprak Factoring A.Ю., which was taken over by the Banking Regulation and Supervisory Agency (BRSA) in 2001, has announced that…


Confidence muted but renewed

As with most outlooks for venture capital in 2004, there is renewed optimism for the start-up and early-stage sectors, although…


Company liquidations fall by 16 per cent

Creditors' voluntary liquidations fell by 16.6 per cent in 2003, according to Experian®, the leading business information company in Ireland.…


FDI in the world

Foreign direct investment (FDI), an indicator of the progress of globalisation, remained flat at US$653 billion in 2003, down from…


Central Bank lowers refinancing rate

The Central Bank of Russia has lowered the refinancing rate to 14% from 16% as of 15 January. The Central…


Weak dollar squeezes small US importers

Since hitting its lowest point in November 2000, the euro has shot up by more than 50 per cent against…


Coface optimistic about UK trading prospects in 2004

Steady growth, combined with dynamic public and private spending has prompted Coface to remove the UK from its negative watchlist.…


Parmalat enquiry finds securitisation of false invoices

Prosecutors investigating the collapse of Italian food group Parmalat yesterday seized documents from Archimede Securitization, a unit of Italian factoring…


Government to support small enterprises

The Greek government has earmarked Ђ145.6 million (US$186.2m) to support Greece's small- and medium-sized enterprises (SMEs) as a second phase…


Sale of receivables facilitates debt guarantee

Fitch Ratings has upgraded and removed from Rating Watch Positive Transamerica Finance Corp.'s (TFC) senior debt to 'AA-' from 'A'…


Kuwait firm to pick up 14% stake in Oman finance…

Global Investment House, one of the leading investment majors in Kuwait, which is listed on the Kuwait Stock Exchange, will…


Government keeps door open to Bancomext-Nafin merger

Mexico's government has kept the door open to a possible merger involving Ex-Im bank Bancomext and small business development bank…


London Scottish factoring profits increase

London Scottish Bank, parent of London Scottish Invoice Finance Ltd (formerly Isis Factors plc and Sygnet Invoice Finance Ltd), has…


Euler Hermes acquires full ownership of Finland's FCIC

Euler Hermes, the credit insurance unit of Assurances Generales de France (AGF), said it has acquired full ownership of Finland's…


Three quarters of firms will be updating credit management practices…

According to a poll conducted on the Better Payment Practice Group (BPPG) website during December, 75 per cent of firms…


Boynton CRA director reprimanded over factored invoice

In September, Community Redevelopment Agency (CRA) executive director Doug Hutchinson signed an invoice promising US$9,000 to factoring company A/R Funding…


Insurance cover needed for banks & DFIs lending to SMEs…

Commercial banks and development financial institutions (DFIs) are not financing small- & medium-sized enterprises (SMEs) as they are not secured…


Exim Bank lending totals 2003 announced

According to a state media report, President Yang Zilin of the Export-Import Bank of China (Exim Bank) announced a total…


EXIM Bank offers US$64m to Philippines for infrastructure projects

The Export-Import Bank of Korea (EXIM Bank) announced yesterday that it had signed a contract with the Philippine government to…


SMEs per capita rising

The number of small- and medium-sized enterprises (SMEs) per capita in Bulgaria is close to that in the countries from…


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