BCR Latest News

Woman jailed for US$4 million accounts receivable fraud

Mildred Miller was sentenced to five years in prison for wire fraud. She had filed false accounts receivable to West…


SBA approves First California Bank as ‘Preferred Lender’

First California Bank has announced that the US Small Business Administration (SBA) has approved the bank under its Preferred Lender…


Small business venture for Sanpaolo Imi

Small- and medium-sized enterprises (SMEs) in Tuscany, Friuli, Emilia Romagna, Veneto, Liguria, Lombardy and Piedmont are to benefit from an…


ISME survey results

Research published on Thursday (6 November) reported that confidence and employment prospects have improved in the last three months in…


SME loans soar in October

Outstanding corporate loans rose 2.6 trillion won in October, up from the 700 billion won rise in September, owing to…


Cattles is main backer of Instant Bank,which will target Scottish…

An Edinburgh businessman, Gerard Boyle, has raised Ј30 million to set up a new business banking group aimed purely at…


Equifax elects new director to board

Equifax Inc, the global business information company, has announced the election of James E. Copeland Jr. to its board of…


Insolvencies in Q3 2003

Statistics showing insolvencies in the third quarter 2003 are published today (7 November) by the Department of Trade and Industry.…


Legal changes 'may hinder' venture capital

Proposed legal, accounting and regulatory changes could hinder the growth of the venture capital industry and an enterprise culture in…


Veena Mankar to step down as head of Global Trade…

It was announced today that one of the leading figures in global factoring, Veena Mankar, will step down as managing…


Asian & Pacific accountants want easier norms for SMEs

The Confederation of Asian and Pacific Accountants (CAPA) wants a different set of accounting standards for small- and medium-sized enterprises…


Loans to small firms hits W36,000bn

The amount of loans extended by local banks to small and medium-sized firms (SMEs) grew significantly during the first 10…


SMEs offered access to EU billions

The Sixth Framework Programme, known as FP6, is the EU's main way of providing funding for collaborative research and innovation…


Bank of England increases the cost of borrowing

The Bank of England has raised interest rates to 3.75% - the first rise in almost four years. The previous…


Slovak EXIM Bank increases support for exports

State-run EXIM Bank plans to support exports worth 60.5 billion Slovak Crowns (SKK) in 2004, which makes up 7.5 percent…


USAID to guarantee loans given to Vietnam’s SMEs

The US Agency for International Development (USAID) has agreed to support loans to small- and medium-sized enterprises (SMEs) in Vietnam,…


Caisse centrale Desjardins and Northstar partner to support export SMEs

Export SMEs can now benefit from additional export financing services through a new agreement reached between Caisse centrale Desjardins, Desjardins…


KBK Capital Corp confirms sale of its factoring business

KBK Capital Corp. of Fort Worth has confirmed it has sold its factoring division to Marquette Financial for an undisclosed…


HSBC launches on-line trade credit insurance service for small firms

HSBC Insurance Brokers has launched Cover Credit, a real-time, interactive on-line trade credit insurance service for small- and medium-sized businesses…


Corporation tax revamp will hit smaller businesses says ACCA

ACCA (the Association of Chartered Certified Accountants) warns that UK businesses - especially small- to medium-sized enterprises (SMEs) - will…


Money laundering threatens economy

Money laundering poses a serious threat to South Africa's democracy and governance which have been hard earned, says the National…


Exim Bank signs an accord with Brazilian bank

Romania’s Exim Bank said it has signed a cooperation accord with Brazil’s Bank for Economic and Social Development. “The accord…


Central bank lowers intervention rate

Romania’s central bank board has decided to lower its intervention rate by 0.06 percentage points to 20.19% in a move…


Only one bidder for Konzumbank

The sole offer for Konzumbank, made by the Hungarian Foreign Trade Bank Rt (MKB), was unanimously accepted by the board…


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