BCR Latest News

SMEs struggle to source new export markets

Small- and medium-sized enterprises (SMEs) account for 60 per cent of Vietnam's exports yet continue to struggle to penetrate new…


Factors hope for legal reform in 2004

Mexico's factoring companies, leasing companies, warehouses and credit unions hope the government will submit a bill to congress next year…


HSBC forges ahead in factoring and trade finance

Today's buzzword in trade finance is supply chain management, which essentially means providing banking services across the trade chain -…


Italian credit facility for Ghanaian SMEs

A Ђ10-million credit line to support the growth of small and medium enterprises (SMEs) and enhance their contribution to the…


Creating a faster growing,stronger GE

General Electric painted a rosy picture of the US economy Tuesday as it backed financial estimates for next year. At…


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…


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