BCR Latest News

New factor in Wales about to break Ј10m barrier

Eurofactor Wales is experiencing strong customer growth since opening its Welsh operation earlier this year. EuroFactor Wales is part of…


Enterpreneurs can draw cheap loans from EU funds

Grants are a direct aid for future drawing of funds from EU Structural Funds. The Slovak Guarantee and Development Bank…


SBI cuts rates for priority sector lending

The State Bank of India (SBI) has made credit to borrowers in the small-scale industries (SSI) and agriculture sectors cheaper…


EU support for a Small Projects Facility in Malaysia

The European Commission has approved Ђ3.5 million for a Small Projects Facility (SPF) in Malaysia to foster the bilateral trade…


Galicia aims to boost SME clients by 40%

Argentine bank Galicia is aiming to boost its number of small-and medium-sized enterprise (SMEs) clients some 40% to 38,000 by…


London Scottish Bank says progress continues in second half

London Scottish Bank Group says its factoring and leasing divisions have continued to progress during the second half. Whilst the…


China agrees to set US$ 500 million credit line on…

China will provide a credit line of US$ 500 million to Pakistan on a soft-term basis, which would be utilised…


Banks receive US$50m line of credit from South Korea’s Exim…

South Korea's Eximbank is to open a line of credit for Vneshtorgbank (VTB) and Gazprombank to extend short-term trade finance…


Gimhae promotes exports of mid-sized companies in Eastern Europe

A delegation promoting exports from medium-size businesses in Gimhae, South Gyeongsang Province, have signed provisional contracts worth US$19m with importers…


Interest rate rise could threaten SMEs growth plans

Despite being the first increase in almost four years, last week’s interest rate rise of 0.25 per cent to 3.75…


New British trade mission seeks business opportunities

Representatives of 16 British companies led by the London Chamber of Commerce and Industry (LCCI) will visit Romania from10 to…


Bantec to sell factoring unit

Costa Rican financial group Consorcio Bantec plans to sell its factoring unit in order to address a liquidity shortfall of…


Bibby’s takeover of Abbey National supports consolidation view

Bibby’s purchase of the factoring arm of Abbey National is another step towards their goal of becoming the largest global…


Cattles funds enterprising entrepreneurs

Funding from Cattles Invoice Finance has enabled four Leeds-based entrepreneurs to set up their own sheet metal engineering business after…


First SMEs logistics base to open next year

Starting in January next year, Korea's first logistics base for small- and medium-sized enterprises (SMEs) is to go into operation…


Enterprise Finance Europe (UK) first year results

Enterprise Finance Europe (UK) Ltd, a wholly owned subsidiary of Enterprise Finance Europe and part of the Bank of Ireland…


'Every small business in Russia has a foreign bank account'

Russia is expecting a net private capital flight of more than US$13 billion in the last six months of this…


VUB investigated over Konsult Real Company loans

The Slovak Police unit for investigating extra-serious crimes is reported to have detected several crimes linked to the Vseobecna uverova…


France stays on top of European insolvency league

According to a study conducted by the German credit insurance company Gerling NCM, the number of company bankruptcies in France…


EIB loans will aid SMEs

With EU accession looming, the European Investment Bank (EIB), the Union's development bank, has been busy extending loans to Hungary…


Small companies start to stir

A missing piece of Japan's recent economic recovery is beginning to fall into place. Large goods-producing exporters had been the…


Abbey agrees sale of factoring operation to Bibby Financial Services…

Abbey National plc (Abbey) has reached an agreement to sell its factoring business to the Bibby Financial Services Group. The…


Drop in company insolvencies no real tonic for the economy

The number of company insolvencies in England and Wales in the second quarter of 2003 has dropped by 11.2% on…


Corporate taxation hinders investments

German corporate taxation has retreated into the background in the general tax debate about the government's plans to move income…


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