BCR Latest News

Institute For Factors And Discounters Of Australia And New Zealand…

On 28 July 2003 the Department of Foreign Affairs and Trade (DFAT) notified the Institute For Factors And Discounters Of…


SME Development Bank announces first half results

The Small and Medium Enterprise Development Bank of Thailand (SMED Bank) announced that new lending in the first six months…


Euler Hermes authorised to cover medium to large company risk

International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…


IFC assists Commercial International Bank to develop finance facilities for…

The International Finance Corporation (IFC) has signed an advisory services mandate to assist Egypt’s leading private financial institution, Commercial International…


Economy fear grips SMEs

Twice-yearly research by the Small Business Research Trust and Natwest bank shows that red tape is no longer small firms'…


Allianz' Euler Hermes first half results show increased turnover

Allianz AG Holding announced consolidated turnover of Ђ936.8m in its Euler Hermes credit insurance unit in the first six months…


Eurofactor turnover down in first six months

Eurofactor, a strategic division of the Allianz group, suffered a steep fall in commissions received in the first six months…


Independent Growth Finance expands further in the West Midlands

Independent Growth Finance (IGF) continues to grow its team in the Midlands with the appointment of Mike Bailey as regional…


SME confidence plunges in July – Top-100 latest report

Small- and medium-size enterprise (SME) confidence was down on the month according to the latest business confidence report of research…


Banca Comerciala Romana named Best Romanian Bank 2002

The Romanian Commercial Bank (BCR) has been named "Best Romanian Bank" for 2002, by UK financial magazine Euromoney. The bank…


KL to work closely with Tokyo to boost SME growth

Malaysia will work closely with Japan to develop its small- and medium- sized enterprises (SMEs), in light of the business…


Taageer Finance lease and factoring income doubles in first half…

Taageer Finance Company SAOC, the youngest non-banking finance company in Oman, reported a 2.7 times jump in its net profit…


Institute predicts economy will shrink this year – small rise…

RWI, the German economic research institute, forecasts that Germany's economy will shrink by 0.2 per cent this year, but predicts…


Italian Industry Ministry to launch fund for SMEs investing in…

"Promoting industrial districts on foreign markets is a way to internationalise and give new momentum to the Italian economy," said…


Credit unions – a real financing option for SMEs

While the demand from small- and medium-sized enterprises (SMEs) for credit is increasing, companies are obtaining funds from the credit…


CECIC ties up with HuaTai in export trading insurance services

China Export & Credit Insurance Co. (CECIC) and HuaTai Insurance Company of China Ltd. finalised a partnership agreement in Beijing…


UK depends on global economic upturn as British economy remains…

Discussing the results from the Q2 2003 Quarterly Economic Survey, the director general of the British Chambers of Commerce (BCC),…


New rules will attract foreign players

Following the introduction of a new law the Guatemalan banking system is to be opened to new foreign-based players said…


Credit insurance to boost non-bank factoring

According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…


Bank of China’s international factoring surges 800% in first half…

The international service of the Bank of China rose greatly in the first six months of this year. The bank's…


Government loans to SMEs hit P11.8 billion

The government has announced that it has already released P11.8 billion worth of loans to the country's micro-, small- and…


Former communist bloc capital cities are set to show impressive…

The pace of economic growth in former communist bloc countries is set to progress at an impressive rate over the…


Bank lending to SMEs up 17.8% in 2002

Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…


SME Bank cuts lending and factoring rates

The SME Development Bank (SME Bank) has cut lending rates in a bid to help the country's newest bank meet…


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