BCR Latest News

Canada surprises markets with rate cut

The Bank of Canada surprised financial markets on 15 July by cutting its key interest rate by one quarter-point, citing…


Cashflow is the bugbear for growing SMEs

One of the most significant challenges for small- and medium-size enterprises (SMEs) is the two-fold problem of access to investment…


mdbeg


Cambodia on track to join WTO

Cambodia has completed preparations to become the first of the world's poorest countries to join the World Trade Organization (WTO).…


AXA and Coface sign credit insurance partnership agreement

In line with the terms of this agreement and following approval by the relevant authorities, Coface takes a 40% share…


Growth of Northern Ireland private sector economy signalled for third…

Today sees the release of June data from the latest Purchasing Managers' Index® Report (Ulster Bank PMI®) for Northern Ireland.…


JSE names Investec as adviser on SMEs to list in…

The JSE Securities Exchange South Africa (JSE) has announced that Investec Corporate Finance will be the first adviser to select…


Desarrollo studies factoring acquisition

Chilean bank Banco del Desarrollo is considering the acquisition of a factoring agency aimed at complementing its services to the…


New chairman for Toprak Factoring AS

Mr. Tuluy Uluрtekin, formerly of the Saving Deposit Insurance Fund (SDIF), has been appointed chairman of the Board of Directors…


IFCT has 12 weeks to develop bank plan – merger…

The Industrial Finance Corporation (IFCT) has been given three months to complete a study on ways to transform the special-purpose…


Fall in company failures continues into second quarter

The number of businesses failing in the second quarter of 2003 fell by over 6% compared with the second quarter…


Coface can take the risk out of trading

By merely presenting a prospective partner's business card to Coface Services (Thailand) Co Ltd, an exporter can get an idea…


Banco del Desarrollo eyes factoring company

Banco del Desarrollo is considering buying a factoring company. The decision follows the bank's recent acquisition of Banco Sudameris from…


Companies Annual Report 2002 – 2003 published today

The Companies Annual Report is published today by The Stationery Office. The report contains facts and statistics on: Company Law…


Fully embrace technology or fall behind – Bibby Financial Services…

British small businesses are failing to fully embrace the technological revolution and risk losing out in the global marketplace, leading…


HSBC provides businesses with winning factor

Readers of Trade Finance magazine have voted HSBC Invoice Finance Best Factoring House. With more votes than ever cast in…


GE Commercial Finance second quarter results

GE's second quarter 2003 earnings were US$3.8 billion compared withUS$4.4 billion, in Q2 2002, the Company announced today. The Commercial…


ECGD backs UK exporter in Brazilian Air Force deals

The Export Credits Guarantee Department (ECGD) is backing a British exporter who has won business worth Ј22 million to supply…


DTI to raise company thresholds, will cut red tape for…

New proposals to raise medium-sized company thresholds to the EU maximum were announced on Friday (11 July) by Jacqui Smith,…


World Bank approves US$225m for development of African SMEs

The World Bank Group has approved US$225 million for the growth and development of small- and medium-scale enterprises (SMEs). The…


Judge says husband, wife executives of development firm guilty of…

Citing the details of trial documents and witnesses' testimony, a federal judge declared on Friday (11 July) that the husband-and-wife…


SMEs need the umbrella of insurance

Despite accounting for 78% of non-agri employment, small- and medium-size enterprises (SMEs) contribute only 35% of annual gross domestic product…


Macao to give interest-free loans to SARS-hit firms

Nearly 80 per cent of small-and medium-sized enterprises (SMEs) applying for interest-free loans to weather the financial strains attributable to…


ECB hold interest rates steady

Speaking after the ECB held key interest rates steady at 2 per cent, Wim Duisenberg, European Central Bank (ECB) president,…


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