BCR Latest News

Foreign investment figures “encouraging”

New figures from the Central Statistics Office (CSO) show that foreign investment flows into Ireland last year almost doubled from…


Tourism sparks rush for credit by SMEs

Hong Kong's small- and medium-sized enterprises (SMEs) are calling on their bankers for more credit to fund their growing business…


Most SMEs have no idea of tax change implications

Despite the importance of the government's current proposals for corporation tax reform, labeled "the biggest shake-up in ten years", research…


Astra foundation to increase SME assistance

Astra International's Dharma Bhakti Astra Foundation (YDBA) will provide Rp20bn (US$2.3m) in technical assistance to small- and medium-sized enterprises (SMEs)…


EIB grants EUR 50 million facility to MFB

The European Investment Bank (EIB) has signed an agreement with the state-owned Hungarian Development Bank (MFB) on a Ђ50 million…


Complete financing solution for UK importers launched

GMAC Commercial Finance plc (GMAC CF) and Bank Leumi (UK) plc have launched new finance packages for UK importers, Total…


Experian enhances anti-money laundering offering

Experian®, the global business solutions company, has secured exclusive rights to online sanctions and enforcement data, provided by Complinet, to…


CSOB obtains EIB loan for business investment

Ceskoslovenska Obchodni Banka (CSOB) and its subsidiary CSOB Leasing have received a loan of Ђ50m (CZK 1.6 bn) from the…


Late payment legislation viewed as a deterrent by businesses

Research conducted by the Better Payment Practice Group (BPPG) during October indicates that the overwhelming perception of the Late Payment…


USDA offers supplier credit guarantees for export sales to south…

The US Department of Agriculture (USDA) has authorized US$75 million in supplier credit guarantees for sales of US agricultural commodities…


Bail granted to bank fraud executives

A judge granted bail to two brothers accused of defrauding a Portuguese bank branch out of $170 million that was…


STB sets aside funds from profits for SMEs

Standard Trust Bank (STB) has set aside over N600 million of its profits for small- and medium-sized enterprises (SMEs) development…


SME sentiment indicator tumbles in November

The BPLG/AFP indicator of sentiment in the French small- and medium-sized business (SME) sector fell to 10 in November from…


New factoring joint venture

Natexis Factorem, the factoring unit of French banking group Natexis Banques Populaires, has acquired a 51 per cent stake in…


KfW's export and project finance division to become an independent…

Today KfW IPEX-Bank presented its business model to the public for the first time. A transitional period will begin on…


Bibby extends US presence

Leading business finance firm Bibby Financial Services is extending its reach in the US with the acquisition of Los Angeles-based…


Credit insurance help for UK exporters to Iraq

UK exporters who want to take part in the reconstruction of Iraq are set to benefit from short-term cover offered…


State loan safety net for small firms in crisis

The government will soon have to tread a fine line between heeding small firms' calls to expand its loan guarantee…


Participation vital for small business growth

The primary objective of the Revised National Policy for Rural Development programme, co-owned by the African Development Foundation (ADF) and…


Network of offices to promote Lombard companies for exports

An agreement for the start of a network of regional offices to promote the process of internationalisation and development of…


Verdict in trial of Commercial Financial Services co-founder

A federal jury found former Commercial Financial Services (CFS) co-founder Bill Bartmann not guilty of charges tied to a company…


Sanpaolo IMI signs an agreement with SACE for Iraq

The Institute for Insurance Services for Foreign Trade (SACE) and Sanpaolo IMI have signed a Memorandum of Understanding for short-term…


KBC raises stake in insurer Warta

Belgian KBC Insurance raised its stake in Polish insurer Warta from 40.03% to 51.03%. The increase in the shareholding fits…


Survey reports surge in business start-ups

The number of businesses starting up in the past year has risen sharply, according to a new index that challenges…


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