BCR Latest News

SMEs starved of working capital for IT expansion, says trade…

Small- and medium-sized enterprises (SMEs) wanting to finance their information and communications technology (ICT) implementation are currently faced with a…


BCR talks to the factoring industry about tackling competition in…

On BCR’s behalf, Emma Shotton speaks to senior factoring company executives to find out how they will continue to grow…


Lloyds TSB Commercial Finance delivers bumper profits in 2003; Ettershank…

Lloyds TSB Commercial Finance (Lloyds TSB CF) unveiled record results for the business with combined profit before tax of Ј52.534m,…


Dishman closes receivables-backed securitisation programme

Dishman Pharmaceuticals and Chemicals on June 22, 2004, announced closure of its estimated $22 million debt issue programme. This issue…


Regulator to gradually ease listing requirements for SMEs

China will gradually relax listing requirements for small and medium-sized enterprises on the new Shenzhen second board to provide more…


Credit ratings becoming central for business growth

Credit evaluation is becoming an integral part of business in Malaysia as companies begin backing their business decisions with credit…


Arbuthnot Factors sees profits rise in 2003

Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…


Cash offer for Dynamic Commercial Factors

Aim-listed Dynamic Commercial Finance has rejected a cash offer from Enterprise London plc at 107p a share. Traders have speculated…


HSBC names new factoring boss for Asia Pacific

The Hongkong and Shanghai Banking Corporation (HSBC) Limited has appointed Alistair Currie as head of trade services Asia Pacific, effective…


Malaysia’s banks toughen up thanks to rise in SME lending

Malaysia's banking system is expected to continue to remain strong and resilient on the back of a stronger capital base,…


Commercial finance firm sees squeeze in factoring ops

Potential Finance Group PLC has reported a drop in pre-tax profits, according to the commercial finance group’s interim results for…


UK firms use interest threat to speed up late payers

Businesses are embracing the late payment legislation by warning customers in advance that interest will be charged if they fail…


Bank PKO BP maintains its privatisation plans, SME focus

The privatisation of the largest domestic bank in Poland, PKO BP, might be delayed, but despite this, the fight to…


Trade credit insurer receives ratings boost

Fitch Ratings announced that it has affirmed the "A" insurer financial strength rating on Exporters Insurance Company Ltd (EIC), a…


One-stop shop factor posts 31pc hike in net profit

Canara Bank, the Indian finance house which provides overdraft finance, factoring, and mortgages, has posted a 31.3 per cent increase…


Help for SMEs mooted by trade body

The Confederation of Indian Industry (CII) plans to set up four industrial clusters for small- and medium-sized enterprises (SMEs) with…


Franz Michel of Allgemeine Kredit Coface Finanze shares his views…

An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF),…


Credit insurer refunds $6.5m to overcharged customers

Assurant Group companies have agreed to return about $6.5 million for charging what Maryland's insurance commissioner calls excessive rates for…


Legal suits against US factor gather pace

Three pastors and a church employee have joined a growing list of inland investors looking to the courts to recoup…


HK wants more investment from mainland SMEs

The Hong Kong Trade Development Council (TDC) has proposed relaxing restrictions to encourage more mainland private enterprises to invest in…


SMEs are the cornerstone of Philippine economic agenda

The trade secretary of the Philippines, Cesar V. Purisima, yesterday said more people should start up small- and medium-sized enterprises,…


SME’s export worth declines

Taiwan’s small and medium-sized enterprises (SMEs) have experienced a continuous annual decline in both export value and export ratio in…


Invoice finance firm strengthens management team

Independent Growth Finance (IGF), the UK invoice finance company, is strengthening its client management team in the south of England,…


Mid-sized firms not optimistic on growth

Mid-market firms in Wales are the least optimistic in the UK when it comes to business growth over the next…


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