BCR Latest News

EquiFin reports results for the second quarter and progress in…

EquiFin, Inc. (the "Company")(AMEX:II and II,WS) a commercial finance company which provides structured credit to small- and mid-size business enterprises…


Credit unions seek clarification on factoring regulations as they and…

Mexico's warehousing association AMAGDE and credit union association ConUnion are lobbying regulators to allow them to provide a broader range…


Bank merger may hit the competition buffers

The Norwegian Competition Authority (NCA) has raised the real possibility of preventing a merger between finance giants DnB (Den norske…


Lloyds TSB Commercial Finance is runaway leader in asset-based finance

Lloyds TSB Commercial Finance (LTSBCF) has confirmed its position as the leader in the UK's booming asset-based funding market, following…


Small business prospects on the way up

There are the first signs of a possible revival ahead in the small business sector. A survey by the Australian…


New programmes for small business on OPIC’s agenda

Stimulating economic development in Afghanistan is a priority for Overseas Privat Investment Corporation (OPIC), which has committed a $100 million…


SME development relevant and vital to Africa, said the CEO…

Abdul Wahid Omar, chief executive officer and managing director of United Engineers (Malaysia) Bhd group, said at the just-ended Smart…


Peak in negative corporate warnings has passed, but fears for…

Negative corporate warnings have reached their peak, according to figures released today by KPMG Restructuring. UK businesses recorded a total…


Programme makes it easier for SMEs to get into export

While many business owners regard global trade and export opportunities with excitement and enthusiasm, others are content to concentrate on…


Factoring has grown 40% annually since the advent of GST

At a time when the GST continues to create a cash-flow crisis for small business, lending experts warn that debt…


Siam General Factoring reports 127% rise in Q2 profit

Siam General Factoring reported a net profit of 28.9million baht for quarter two 2003, compared with 12.7million baht for the…


Coface interim turnover rises

Coface, the French credit insurance company, has posted an 11.5% hike in consolidated turnover, to Ђ551.5m, for the first half…


Hansa's Lithuanian leasing and factoring arm passes into Hansabankas' ownership

An agreement between Hansabankas of Lithuania and AS Hansa Capital that came into effect on 18 August 2003 transferred the…


Economy slides into recession

Germany's economy shrank by 0.1 per cent in the second quarter compared to the quarter before, the state statistical agency…


Exports disappoint on weak US, Hong Kong and Japan demand

Taiwan's exports and imports were both weaker-than-expected in July, casting a shadow over the peak pre-Christmas orders season as exports…


US$666m trade surplus in July

South Korea posted a trade surplus of US$666 million in July, keeping in the black for a fourth consecutive month…


Eximbank cuts interest rates three percentage points

Turkey's Export-Import Credit Bank announced a three per centage point cut in interest rates effective Friday, 15 August 2003. In…


National bank criticised for cutting interest rates

Head of Norway's national bank, Svein Gjedrem, is criticised after another severe cut in interest rates on Wednesday, 13 August…


Corporate bankruptcies fall in July

The number of corporate bankruptcies in Japan plunged 23.7 per cent in July compared to the same month a year…


Garment and textile exports, up 5.1 per cent in first…

Outbound shipments of locally manufactured garments and textiles went up by 5.1 per cent to $1.39 billion in the first…


Alliance Bank programme for SMEs and SMIs

Alliance Bank, in collaboration with McFab (M) Sdn Bhd, has launched the Tradelink Purchasing Card Programme, aimed at helping small-…


New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…


Exports and consumer spending increase signal faster economic growth than…

Surprising strength in U.S. exports and consumer spending reported this week suggest the economy grew faster last quarter than first…


Forced administration on Union pojistovna insurer, Prague

The Finance Ministry imposed forced administration on the Union pojistovna (UP) insurer in order to protect clients' interests. Union pojistovna,…


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