BCR Latest News

Deficit to top 40bn Euros

Germany's fiscal deficit will top Ђ40 billion this year, a record sum nearly double the previous forecasts that could yet…


Bankruptcy law reform moves forward

According to the French ministry for justice, 59,000 French businesses had difficulties in 2002 leading them to appear in the…


Strengthening growth of new business drives further impressive output growth

Today sees the release of September data from the latest Ulster Bank PMI ® (Purchasing Managers’ Index ®) Report for…


EU investment subsidy programmes for industrial SMEs to accelerate

According to Deputy Development Minister Alexandros Kalafatis, the Development Ministry plans to issue details of 12 European Union sub-programmes for…


Industrial growth slows to 5.2% in August

The country’s industrial growth slowed to 5.2 per cent in August this year compared to 6.2 per cent growth witnessed…


Economy is bouncing back with expected 4% growth in 2004

Taiwan's economy is bouncing back, HSBC's Economics and Investment Strategy Unit said in its latest report. According to economist Geoffrey…


Small Business Administration disaster loans available to some farm-related businesses

Federal disaster loans are available to small, non-farm, agriculture-dependent businesses in seven Minnesota counties hit by drought this summer, the…


Overdue company loans rising

Overdue loan payments have been rising at domestic banks, which are still suffering the effects of the collapse in consumer…


Lбnchнd Factoring Programme launched by Ministry of Economic Affairs and…

The Lбnchнd (meaning chain bridge) Factoring Programme, a new subsidy scheme created by the Ministry of Economic Affairs and Transport,…


Questions are being asked about MX Factors of California

A Riverside, California, based financing firm that has raised more than $21 million in investments has operated without a state…


Bankers set to delay Basel II introduction

The central bankers and bank supervisors charged with creating a new regime for bank capital are to meet in Madrid…


Canbank Factors net profit up 14.5%

Canbank Factors Ltd, a subsidiary of Canara Bank, has recorded a net profit of Rs 5.2 crore for the quarter…


Potential Finance restructures and introduces asset finance service to group

Against a backdrop of an extremely difficult market with less factoring lines being out in place than in previous years,…


Deadline set on phone debt failures

The telephone ombudsman has given major phone companies until Christmas to stop harassing customers for phone bill debts or face…


Small firms are key to development in Africa

Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in…


Small business loans P15bn in September

The government released some P15 billion in loans to small- and medium-sized enterprises (SMEs) from January to September this year…


New law helps keep businesses alive

Businesses in the UK experiencing financial difficulties will have more chance of survival as a result of the Enterprise Act…


NMB-Heller Ј5.5m acquisition funding heralds bright future for West Midlands…

Leading asset-based lender, NMB-Heller, has provided a Ј5.5 million facility to assist in the acquisition of two divisions of West…


Debtor finance rockets to $20 billion, up 32%

Australia's debtor finance industry turned over more than $20 billion in the last financial year in a milestone result, new…


Bank of England leaves rates on hold

The Bank of England left interest rates unchanged at 3.5 per cent on Thursday (9 October), an apparent sign it…


Exports to Europe lowest in four years

Britain's exports to the rest of the European Union fell to their lowest level in more than four years in…


Factoring to attract VAT in amendments to Act

A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January…


Sovereign rating rise to boost investment in few months

Russia could see a significant inflow of investments in just a few months because of the raise in its sovereign…


Rise in CPI is good news for economy

A rebound in the consumer price index (CPI) in August has encouraged economic researchers to confidently predict that the Chinese…


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