BCR Latest News

Small firms told to face the factoring facts

Many small firms still view factoring or discounting with “unwarranted” suspicion, says John Twigg, chief executive of small business advisor,…


IFC and Zurich Emerging Markets Solutions establish a risk sharing…

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, and Zurich Emerging Markets Solutions, the…


City Invoice Finance report profits up 59% in 2002, record

City Invoice Finance has reported a pre-tax profit of Ј479,835 for the year to 31 December 2002, an increase of…


Low-interest loans for exporters

Enterprises are to be offered soft loans carrying an interest rate one-third of the commercial rate to export goods prioritised…


Exports expected to hit $21bn

Under 2004’s trade development plan, the year’s exports are expected to net around $21bn, a rise of 8.8% compared with…


More choice for exporters

German credit insurer Gerling NCM will acquire the Australian government’s Export Finance & Insurance Corp’s short-term export credit insurance business…


Goverment plans to spread SME growth throughout country

Economy Secretary Fernando Canales Clariond acknowledged yesterday that, with the exception of the Yucatan peninsula, the country's south-southeast region registered…


Tax clinics to assist SSIs on legal issues

The Central Board of Excise and Customs (CBEC) has issued a directive to "break the communication wall, if any, between…


Hopes rise of better rights for businesses in China

China's top leaders have announced plans for changes to the constitution intended to promote economic development, making public a process…


SME Invoice Finance launches new website for SMEs and their…

Dedicated to meeting the cash flow needs of small- and medium-sized enterprises (SMEs), SME Invoice Finance (SMEIF) has announced the…


Eurofactor UK named Top Import Factor in IFG poll

Members of the International Factors Group (IFG) have voted Eurofactor UK Limited number one Import Factor for customer service. Jan…


Non-reimbursable loans for SMEs in the second phase of the…

The second appeal for recommendations of projects within the non-reimbursable financing plan for small- and medium-size enterprises (SMEs) was launched…


Export trade drops with countries outside EU

Exporters suffered another drop in trade with countries outside the EU in June, according to figures released yesterday by the…


Corporation tax overhaul would damage cashflows says ACCA

Proposals for the long-awaited revamp of the UK's corporation tax system would lead to cashflow problems for businesses, says ACCA…


HM Customs help businesses in the fight against VAT missing…

Customs have today published new guidance to help honest businesses from being caught up in VAT fraud in the computer,…


CBI in plea over export credit

The Confederation of British Industry (CBI) will today urge the government to give UK businesses the same level of help…


Japanese bank lends Mexico US$250m for SME upgrades

The Japan Bank for International Cooperation (JBIC) has provided Mexico with US$250 million for upgrading small- and medium-sized enterprises (SMEs)…


General Electric launches GE Business Credit Services

To meet the rapidly changing financing needs of businesses in North America, General Electric announced today the launch of GE…


Standard & Poor’s affirms GERLING NCM 'A' Rating

Standard & Poor's Ratings Services has affirmed its 'A' counterparty credit and insurer financial strength ratings on the core operating…


GERLING NCM becomes Atradius and establishes a route map for…

Under new ownership, with its new name ATRADIUS, and with strengthened capitalisation and management, GERLING NCM - a global leader…


Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…


German exports continue to decline

Though German car exports may be on the rise, German exports, in general, continue to suffer as a result of…


Bank Industri posts record pre-tax profit

Bank Industri group, comprising Bank Industri & Teknologi Bhd, Exim Bank and Malaysia Export Credit Insurance Bhd, has posted a…


Davenham Group breaks all records –profits up by over 50%

Davenham Group today announced record profits for the financial year ending 30 June 2003. With a profit before taxation of…


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