BCR Latest News

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…


Nine charged in factoring company’s fraud on Portuguese bank

Nine men were indicted on charges of stealing $170 million from a Portuguese bank branch in Florida through what prosecutors…


UK queries timetable for Basel accord

The UK Treasury has broken ranks with other European supporters of the Basel II banking reforms by warning that the…


HSBC revises its Hong Kong GDP growth forecast

George Leung, chief economist, Greater China at The Hongkong and Shanghai Banking Corporation Limited comments: In view of the faster…


Post-insolvency set-off: South Africa moves towards international best practice

Globalisation and the rapid expansion of international trade has highlighted the need for uniform and consistent insolvency legislation across international…


New credit insurance draws sector interest

Several Peruvian insurers are likely to offer a new government-backed export credit insurance product next year, according to national foreign…


Exporters (FIEO) urge ECGC to be more responsive to exporter…

Only 15 per cent of the country's exports are protected by export credit insurance, Mr G. Balachandran, directorate-general, Federation of…


Confidence up from 90.4 to 93.5 in Q3 in Milan

Manufacturing and processing companies in Milan are more confident, but companies in the service industry are still predominantly negative, except…


Novaumbria promotes schemes for start-up businesses

Sviluppumbria, the chambers of Commerce in Perugia and Terni, Gepafin, Sviluppo Italia Bic Umbria Spa, provincial administrations and related business…


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