BCR Latest News

ECGD provides credit insurance for multi-million dollar sale of Bombardier…

The UK government’s Export Credits Guarantee Department (ECGD) is backing Bombardier Aerospace for the first time on several multi-million dollar…


New fund set up to help SMEs invest in recycling

The UK has become the first country in Europe to launch an equity fund designed specifically to meet the investment…


Government to channel bank reserves money into guarantee funds

The government has initiated a project aimed at helping small- and medium-sized enterprises (SMEs) by revoking income tax on released…


Wells Fargo Business Credit appoints business development manager in country…

Melody Stallings was promoted to vice president and business development manager for Wells Fargo Business Credit's national factoring division. "Melody…


Regulatory body calls for SinoSure to play greater role inChina's…

Wu Dingfu, chairman of China Insurance Regulatory Commission has expressed his expectations that China Export & Credit Insurance Corporation (SinoSure)…


Commercial Factors of Cleveland were victims of US$500,000 receivables fraud

Troy Parker, and Kristine Parker, were indicted by a federal grand jury in Cleveland on charges of conspiracy, mail fraud…


Euro Info Centre unveil new website for SMEs

The Euro Info Centre (EIC) has launched a new website, http://eic.metco.net which is mainly targeted towards the Maltese business community.…


The Royal Bank of Scotland Commercial Services creates new north…

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…


Business customers benefit from centre opening

Alliance & Leicester Commercial Bank today opened its new business centre, in Leicester City Centre.The Midlands business centre, based at…


'Access to Finance' scheme launched to help London SMEs

A new Ј14 million service to help London's small businesses locate finance has been launched. Under the scheme, businesses can…


Latest Coface country rating update

Coface, the world leader in export credit insurance and company information, has released its latest country ratings indicating the following…


Bibby announce new appointments

Bibby Financial Services, the largest independent factoring organisation in the UK whose client turnover has grown from Ј200 million to…


US expects decision soon on Iraq Trade Bank

Speaking on the sidelines of a conference on Iraqi reconstruction, Peter Saba, chief operating officer of the US Export-Import Bank,…


IFD announcement on counter terrorism – further consolidation of the…

The Institute for Factors and Discounters of Australia and New Zealand (IFD) today issued the following notice to members: “Charter…


Non-bank finance – Reform firmly on the agenda

The presence of three cabinet ministers at a recent World Bank seminar on non-bank financial institutions was intended to underline…


Bank Muamalat announces new SME products and insurance tie-up

Bank Muamalat Malaysia Bhd will introduce new financial tools catering to small- and medium-scale enterprises (SMEs). President and chief executive,…


Oriental Bank cuts lending rates for SSIs

Oriental Bank of Commerce (OBC) has reduced its interest rates and margins on advances to small-scale industries (SSI) sector. The…


Better Payment Practice Group unveils new email feature on website

The Better Payment Practice Group (BPPG) has launched a new 'email a friend' facility on its website enabling businesses to…


UK construction sector activity picks up slightly in June

The latest CIPS / NTC Research survey of the UK construction sector indicated that growth of total industry activity was…


Central bank says no signs of a slowdown in May

Thailand’s economy maintained its robust growth in May, driven by strong domestic demand and higher exports in terms of both…


Trade Facilitation, a new service from SAFT, finances exports through…

Southern African Fruit Terminals (SAFT), the well-known service provider in the national fruit export chain, is going from strength to…


Jatoi approves the opening of 18 new regional business centres…

Liaquat Ali Jatoi, federal minister for Industries and Production, has advised the Small and Medium Enterprise Development Authority (SMEDA) to…


CIPS/Reuters Purchasing Managers' Index for June

June’s seasonally adjusted CIPS/Reuters Purchasing Managers' Index (PMI), designed to provide an overall view of conditions in the manufacturing economy,…


Fortis, Forin factors and BPH PBK in joint credit finance…

The well-known juice producer Hortex has obtained credit totalling ZL85 million. The creditors are BPH PBK, Fortis Bank and factoring…


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