BCR Latest News

Establishing a growth culture where small firms can thrive –…

Having an environment that encourages start-up companies and provides assistance to early-stage enterprises is vital to any economy. Given a…


Lacklustre exports in Q3

September quarter national accounts statistics showed export volumes picking up a lacklustre 1Ѕ%. October trade balance numbers showed A$ export…


Ex-Im Bank announces appointment of first vice president and member…

April H. Foley has been sworn in as first vice president of the Export-Import Bank of the United States (Ex-Im…


Corporate finance launch international network

Seven independent financial advisory firms operating in nine Central East European countries are scheduled to sign an agreement on forming…


Hausner looks to a stronger zloty to ease budget deficit

Economy Minister Jerzy Hausner said that next year's budget deficit will be zl. 3 billion lower than expected. He added…


Parliament approves fund for micro and small businesses working capital

In another attempt to speed up the poverty eradication drive, the House of Representatives approved on Monday plans to set…


Taking the fear out of factoring and explaining its development

With more and more reputable companies entering the factoring business, services have greatly improved… To read the full article by…


Taking the fear out of factoring

With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains…


Case study: Flexible finance with invoice discounting

Reflex sells video-conferencing equipment and plasma screens to the Ministry of Defence and the education and corporate markets. It has…


Myanmar, Thailand to introduce account trade system

Myanmar and Thailand have agreed to introduce an account trade system in 2004 to avoid always using currency in business…


Freedom Financial announces new vice president

Freedom Financial, Inc., a rapidly growing provider of factoring, purchase-order financing and additional asset-based lending services, has announced the appointment…


Investment companies launch fund to finance SMEs in northern regions

Two investment companies are reported to be launching a local investment fund (fonds d'investissement de proximite or FIP). Credit Mutuel…


Economic shock therapy pays off in new prosperity

Estonia is the economic wunderkind of the accession states. It’s a decade since the Baltic country decided to put itself…


Brokers key source of loans

Australian banking firm ANZ has revealed that the company is sourcing through brokers as much as 30% of its new…


Bank Pekao takes next step in consolidating its leasing companies

Bank Pekao has increased the capital of Leasing Fabryczny by zl. 15.7 million (US$4.2m), which now stands at zl. 28.1…


SME’s finances weak

Nearly 4 out of 10 small- and medium- sized domestic enterprises (SMEs) are unable to cover interest payments on their…


Erste Bank considers bank takeover in southern Poland

Erste Bank is considering a takeover of a Polish bank with a good position in the southern parts of the…


Dramatic rise in small business optimism

Further evidence of the improved atmosphere for small firms is revealed in a survey by the Bank of Scotland (BoS).…


Sanpaolo IMI, the EIB and Fiat in SME loan pact

Factoring company Sanpaolo IMI, the European Investment Bank (EIB) and Fiat will sign a memorandum of understanding in Turin to…


Outlook of global economy bright over coming years

According to the Bank of Finland, global economic growth has picked up, with the US and Asia in particular exhibiting…


Indicator of economic sentiment shows good prospects for 2004

The Centre for European Economic Research (ZEW) Indicator of Economic Sentiment, a monthly Financial Markets survey, shows the balance between…


MPS Foundation acquires stake in SME finance company

The board of administration of the Monte dei Paschi di Siena (MPS) Foundation agreed an investment in Finanziaria Senese di…


October trade deficit soars

The trade deficit soared to US$674.2m in October from September's US$417.6m, as imports grew at a much faster pace than…


International Trade Centre unveils 'FiT' for apparel SMEs

The International Trade Centre (ITC), has introduced FiT, a business advisory service, to serve as a catalyst for small- and…


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