BCR Latest News

Small firms set to gain from investment review

A new government review of the Financial Services and Markets Act could prove vital in boosting investment in small businesses,…


Small businesses give the thumbs up to banks

Complaints that big banks were reluctant to lend money to small businesses have proved largely unfounded, according to a new…


International Factors Group elects chairman

During a conversation with BCR today, the International Factors Group (IFG) confirmed the election of Tony Cox as chairman. Tony,…


Cattles funds acquisition for Elite

Elite Security in Hunslet, Leeds, has acquired London-based Mison Security with funding provided by Cattles Invoice Finance. Elite Security was…


Small Business Corp raises 2003 lending target to P2bn

The Small Business Corp. (SB Corp.) has surpassed its full-year target of P1.6bn (US$28.9m) in terms of lending and guarantees…


Karur Vysya to market ECGC risk products

The Export Credit Guarantee Corporation (ECGC) has signed a Memorandum of Understanding (MoU) with Tamil Nadu-based Karur Vysya Bank Ltd,…


Royal Bank Of Scotland Commercial Services backs Avonside Group MBO

Avonside Services Group has completed the Management Buy Out (MBO) of Avonside Plumbing & Heating, previously owned by Alchemy, in…


Venture capital investments rise

Venture capital and private equity transactions have so far totaled Ђ113 million in 2003, according to figures released by the…


Manufacturing set to shed jobs despite optimism rise

A recent report by Institute for Public Policy Research (IPPR), an influential think tank, claimed that the long-term prospects for…


Private consumption will continue to sustain economic growth

In its latest review of business conditions, the Ministry of Finance has raised Finland's growth forecast for the end of…


Dynamic Commercial Finance announces resignation of finance director

The Board of Dynamic Commercial Finance PLC (DCF), one of the UK’s leading debt factoring businesses, has announced the resignation…


National Bank experts to speak at Export Forum 2003

As part of Export Forum 2003 prestigious speakers from the National Bank will be giving a conference on factoring today.…


NIB and Northern Bank merger may be on the cards

National Irish Bank's (NIB) parent is likely to merge the Republic-based institution with its Northern Irish sister company, Northern Bank,…


International Finance Corporation to finance SMEs

The International Finance Corporation (IFC) is finalising a deal to provide a credit line to Syria's banking sector, to be…


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…


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