BCR Latest News

Canara Bank in pact with SIDBI to co finance SSIs

Canara Bank has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for co-financing…


Ultimate Finance says first year objectives met

From the period 10 January 2002 to 30 June this year, Ultimate Finance reported sales of Ј485,117, with a pre-tax…


Bank of New York and GMAC agree on settlement

The Bank of New York Company, Inc. (BNY) and General Motors Acceptance Corporation (GMAC) have agreed to a settlement regarding…


Parliament approves gradual decrease in corporate income tax

The Chamber of Deputies, the Czech lower house of parliament, has approved an amendment to the income tax cutting corporate…


Banca Comerciala Romana privatisation to be completed in 2006

The privatisation process of Romania’s largest commercial bank Banca Comerciala Romana will be completed by 2006 once the government has…


West Bengal Industrial Development Corporation to securitise asset portfolio to…

Leading Indian and foreign banks, including Citigroup, Deutsche Bank, Syndicate Bank, ICICI Bank, and State Bank of India, have evinced…


FP6 research funding opportunities, rules and processes online

SME TechWeb, the information service for small- and medium-sized enterprises (SMEs) seeking European research funding, has been revamped to provide…


Customs offer SMEs intellectual property protection at reduced fee

Small- and medium-sized businesses (SMEs) are to be encouraged to take advantage of the protection offered by Customs and Excise…


Firm folds under factoring agreement when ES Bankest forced into…

What started as a helping hand has strangled a struggling local tech firm. Chantilly-based Stratesec abruptly shut its doors because…


FDI in Slovakia rises 12.5 per cent in first six…

Foreign direct investment (FDI) in Slovakia rose in the first half of 2003 by 15.2 per cent year-on-year to Sk20.838…


Slovak central bank cuts rates by 0.25 pts

In a move that caught the market off-guard on Thursday (25 September), the Slovak National Bank (NBS) cut key interest…


SME rating agency enters pilot phase

Promising increased transparency and easier access to financing for small-and medium-sized businesses (SMEs), the Prague Chamber of Commerce, Czech Credit…


Industrial Bank of Korea to lend 1,000bn won to smaller…

The Industrial Bank of Korea unveiled its plan yesterday (26 September) to provide a total of 1,000bn won ($865.8m) in…


Exports grow by 7% in August

Hong Kong's exports grew by seven per cent year-on-year last month but the rate was slightly slower than in July…


Interest rates remain steady to bolster nascent recovery

Taiwan's central bank held its benchmark interest rates steady in a bid to support Taiwan's budding recovery on Thursday (25…


Industrial confidence peaks

Industrial sentiment hit an all-time high in August thanks to rising orders from both domestic and foreign buyers and the…


Latest business confidence survey results

The climate of confidence reported by Istituto di Studi e Analisi Economica (ISAE) among retailers in July and August has…


Final deadline for FDA certificate registration approaches

The deadline for student FDA Certificate course registrations is fast approaching for the second and final registration period of 2003.…


Strengthening Norwegian Krone suggests interest rate cut imminent

The Norwegian Krone has greatly strengthened and has reached its highest level since June. This may force The Norwegian Central…


Economic growth expected to accelerate in 2004

China's economy is expected to grow by 8.3 per cent this year and perhaps another 8.5 per cent in 2004,…


Minister urges SME participation in trade missions

The participation of local companies, especially small- and medium-sized enterprises (SMEs), in investment and trade missions overseas is still lacking…


Ceska Sporitelna launches energy conservation loan programme

Savings bank Ceska Sporitelna is to launch a new money-lending programme Finesa that will provide loans to small- and medium-sized…


Insolvency practitioners face regulation overhaul

Insolvency practitioners are facing an overhaul in the way licences are granted after a review of the licensing system proposed…


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