BCR Latest News

e-invoicing pilot complete and thrown open to SMEs countrywide

Chilean tax regulators will conclude a pilot electronic invoicing project on Tuesday, 2 September and will open up the service…


Euler-Hermes first half profit doubles despite big hit from factoring…

Euler-Hermes, one of the world's biggest credit insurers, saw its first-half net profit more than double Tuesday (2 September), but…


Cattles Invoice Finance recruits North Manchester and Lancashire Regional Manager

Cattles Invoice Finance has appointed Paul Brady as regional manager working out of the company№s Manchester office and covering North…


IFC supports pre-shipment export loanssecuritization programme in Argentina

By participating alongside a wide array of institutional investors in Argentina, the International Finance Corporation (IFC), the private sector developing…


SME business confidence survey jumps to highest level since 1994

A new survey has found that business confidence among Australia's small- and medium-sized enterprises (SMEs) jumped substantially last quarter based…


NMB-Heller provides receivables and stock financing and plant loan package…

Castleford-based chemicals company Hickson & Welch has been acquired from its US parent Arch Chemicals Inc in a Ј21m deal…


Economy continues its recovery

The National Institute of Economic Research reports that the Swedish economy is continuing its gradual recovery. Gross domestic product is…


Mixed signals for Japanese economy

Japan's factories boosted their output in July by a greater margin than expected, delivering a shot in the arm to…


More financing tools needed for SMEs

"Innovation" and "diversification" are perhaps the most frequently used words in China these days, especially when government officials and economists…


Small firms pessimistic on economic recovery

Local small- and medium-sized companies still think that business conditions will not recover any time soon, the Korean Federation of…


Consumer optimism melts away after heat wave

British consumers are increasingly gloomy about the state of the UK economy, despite the end of the Iraq war and…


Small Firms' Production Ratio Plunges

The operation ratio for small and mid-sized businesses (SMBs) has fallen to its lowest level in four years and six…


Basel II rules may starve SMEs of venture capital says…

New EU rules for bank capital adequacy - Basel II - could hit Irish small- and medium-sized businesses' (SMEs’) ability…


Factoring industry boosts profits by 27%

Chile's factoring industry posted profits of 5.21bn pesos (US$7.45m) in the first half this year, up 27% compared to the…


Interest-free loans reach hundreds of SMEs

A total of 544 small- and medium-sized enterprises (SMEs) in Macau, applying for a government-funded interest-free loan to weather the…


Survey of bank use by SMEs reveals credit expensive and…

The Warsaw Banking Institute (WIB) and the CBM Indicator brokerage undertook a survey of bank use among small- and medium-sized…


SME Development Fund invites applications to finance SME development projects

The Hong Kong Trade and Industry Department (TID) will start to invite applications for the third round of the SME…


Exim Bank offers two new insurance plans

The Export-Import Bank of Thailand has introduced new medium- and long-term export insurance covering risks for transactions over 180 days.…


Steering towards economic collaboration

Much business was concluded at the inaugural meeting this week of an inter-governmental forum for economic cooperation between Singapore and…


High growth in loans explained

The balance of loans provided by financial institutions in China had hit 15.89 trillion yuan by the end of June…


ExIm Bank plans US$500 million trade credit programme for Iraq

The US. Export-Import Bank said yesterday (28 August) that it expects to approve a US$500 million loan fund to provide…


Sale of Bombardier unit likely cut by $150 million due…

Bombardier Inc. could see up to $150-million shaved off the $1.23-billion price being paid for its recreational products division. The…


Political attacks on president threaten economic confidence and growth

The Philippines' chief economic planner warned yesterday that political attacks against President Gloria Macapagal-Arroyo following last month's failed mutiny could…


NMB-Heller, Grant Thornton team help Webcon UK in unique MBO…

Specialist UK carburettor distributor of the Weber and Solex brands, Webcon has completed a management buy out (MBO) from its…


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