BCR Latest News

Baycorp Advantage says Alliance Factoring does not face litigation over…

Baycorp said in a statement released after the market closed in New Zealand that it wanted to correct some "misconceptions"…


Latest analyses of the Austrian, Australian, Argentine and Baltic factoring…

BCR has today added the latest analyses of the Austrian, Australian, Argentine and Baltic factoring markets, from the soon to…


Desarrollo boosts leasing activities and eyes up factoring agency

Intesa sold its Sudameris banking franchise in Chile to Desarrollo last month in return for US$30m in newly issued Desarrollo…


Minimum capital, guarantee fund requirements for insurers raised

Lithuanian insurance companies will have to increase their authorised capital to at least Ђ1 million by July 2005 and to…


Bharat Overseas Bank pares rates on SSI credit

Bharat Overseas Bank Ltd has lowered interest rates on credit to agriculture and small-scale sectors (SSIs). "The revised interest rates…


SMEs are hit by the large bank credit crunch

Yamaya is one of countless small- and medium-sized enterprises (SMEs) in Japan feeling the effects of a widening credit crunch.…


High Court finds Deloitte & Touche negligent in its audit…

Deloitte & Touche (D&T) was yesterday found to be negligent when it audited the Singapore operations of Barings Bank, where…


Bank of Japan to help SMEs to raise capital by…

The Bank of Japan (BoJ) is to kick-start the development of an asset-backed securities market for small businesses to give…


SME sector as the driving force behind economic growth

Serbian Assistant Minister of Economy and Privatisation, Blagoje Paunovic, said as part of the Strategy for the Development of Small…


Lenders expect dramatic improvement in economy within 18 months

According to the results of the latest Phoenix Management "Lending Climate in America" quarterly survey, three-quarters of commercial lenders expect…


Euro Sales Finance appoints associate director for South-West and South…

Euro Sales Finance (Euro Sales), a provider of bespoke invoice finance, announced today that it has appointed James Hester as…


Court ruling on syndicated loan case clarifies majority decision-making issue

Redwood Master Fund Ltd (and 5 others) v. TD Bank Europe (and 2 others) In a recent case brought before…


'SMEs must have the killer instinct' to help achieve 1%…

Speaking at a workshop on 'New Export-Import Policy', the director-general of Foreign Trade, Mr Labanyendu Mansingh, said the list of…


Banks lend SMEs US$161million to May, up 49% from same…

Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…


BDO Stoy Hayward Industry Watch analyses the latest business failure…

In 2002, a total of 19,928 businesses failed in Great Britain, the highest number of business failures recorded since 1994…


SMEs run by women are key to export growth

The federal Government's export agency, Austrade, plans to double the number of exporters within three years, mainly through small businesses…


Kroll appoints Simon Freakley to its board of directors

Simon Freakley, president of Kroll's Corporate Advisory and Restructuring Group, has been elected to the board of directors of Kroll…


Innovative financing sought for small scale industries sector

The Credit Guarantee Fund Trust for Small Industries (CGTSI), set up by the Government of India and the Small Industries…


Free trade agreement provides niche opportunities for factors

Chile's free trade agreement (FTA) with the European Union (EU) and the imminent agreement with the US could lure international…


Lending to SMEs tumbles in three months to May

Kookmin Bank, Korea's largest lender, lowered this year's target growth rates for corporate loans to less than 5 per cent,…


Privacy law test case seeks $120,000 compensation from Alliance Factoring;…

Alliance Factoring last year bought Telstra's $300 million debt book, 800,000 accounts that date back as far as six years.…


Bank Negara safeguards must be in place before banks outsource…

Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying…


NMB-Heller supports management buy out from Securicor plc

The management of Securicor Information Systems have completed a Ј20.5m management buy-out from Securicor plc using funding provided by NMB-Heller…


South East Growth Fund for SMEs fully operational

Small- and medium-sized enterprises (SMEs) in the South East of England have a new source of risk capital now that…


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