BCR Latest News

Best Factor and Invoice Discounter of the Year winner announced

The “Best Factor and Invoice Discounter of the Year” has been awarded to leading business finance firm Bibby Financial Services…


After the slump, can Ireland survive the recovery?

It is a strange, but well-established, fact that the number of firms going bust peaks during an economic recovery, rather…


Bank Danamon re-evaluates its business strategy

Bank Danamon, the country's fifth-largest bank in terms of assets, is currently undergoing a re-evaluation of its business strategy after…


Businesses make it easy for fraudsters to commit Company ID…

Businesses are unknowingly handing bin loads of personal and company information to criminals which is being used to fuel a…


Chinese export credit insurance to cover new soda plant in…

CITIC Pacific Ltd. of China is to build a soda plant in Uzbekistan costing $100 million, according to a source…


AMP Banking to offer GE products

AMP Ltd's banking business will distribute a range of commercial and consumer finance products from American conglomerate GE. The products…


Maine Group to buy small Hyannis bank

The Banknorth Group of Maine announced plans on Tuesday to buy CCBT Financial Companies for $300 million in stock. Barring…


Pre-budget report for business; Chancellor seeks to woo the little…

Gordon Brown attempted to woo small businesses in his pre-Budget report yesterday, promising measures to address the financing gap, encourage…


Infrastructure financing must for growth; Exim Bank chief

Export promotion and infrastructure development should be the corner stones of the strategy for sustainable development, according to Mr T.C.…


Late payment interest rate set for January to June 2004

The Better Payment Practice Group (BPPG) has advised businesses that the interest rate for companies wishing to apply the late…


Venture capitalists query MFB investment strategy

As the Hungarian Development Bank Rt (MFB) steps up its venture capital activities, fund managers have recently had misgivings about…


Pre-budget report for business; Changes 'will lead to rise in…

Business faces a big increase in the administrative burden of dealing with tax law after Gordon Brown signalled the government…


EBRD to lend under mortgage projects in Ukraine SMEs in…

The European Bank for Reconstruction and Development is going to begin lending under mortgage projects in the Ukraine next year,…


Small business outlook brightens

A new survey has added to evidence that small- and medium-sized enterprises (SMEs) are pulling out of the gloom close…


New commercial director for UK’s leading credit insurer

Euler Hermes UK has announced the appointment of James Daly as commercial director. James has extensive experience of working within…


Fed decision on interest rates

Low inflation and spare resources in the economy mean that policy can continue to support growth "for a considerable period",…


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…


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