BCR Latest News

International Factoring Association seminar announced

The International Factoring Association is to hold a one-hour teleconference seminar on Thursday, 12 June at 1pm Pacific Daylight Saving…


Fortis Group appoints Director Investor Relations and Communications Manager

Ian Roundell has been appointed Director Investor Relations at the international insurance, banking and investment group Fortis. Ian spent the…


Pound soars as BoE holds rates and European Central Bank…

Businesses were hit by a double whammy yesterday as the Bank of England refused to cut interest rates and the…


Telemedicine company adds credit insurance to help grow exports

In an effort to boost overseas sales, AMD Telemedicine just added another small weapon to its arsenal. The Shattuck Street…


Small Business Minister launches GBP2.5m boost for East Anglian firms

A new fund to provide finance for start-up and fast-growth businesses in the East Anglia region was launched in Cambridge…


Standard & Poor’s downgrades Kookmin Bank's Outlook Rating over concerns…

Standard & Poor's Ratings Services (S&P) announced yesterday that it had downgraded its outlook on the long-term credit rating for…


Banks to give composite loan of Rs 50 lakh to…

Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…


Deputy PM calls on SMEs to capitalise on ‘cash-flow backed…

The Government has made credit access sufficiently easy for small- and medium- scale enterprises (SMEs) that they can stop turning…


Record attendance at FDA annual dinner and awards

Having attended eight out of the last nine FDA dinners I can tell you this year’s event, which was at…


BPPG launches new factoring information on website

Many businesses suffering from persistent late payment of invoices by their customers choose to engage a factoring company as a…


State bank working for new regulation for SMEs

State Bank of Pakistan (SBP) governor, Dr. Ishrat Husain, said the central bank was working on new prudential regulations that…


Euler & Hermes to compete with Coface in export-guarantee market

Euler do Brasil, the local credit insurance unit of German financial group Allianz, has received government authorisation to insure export…


Stuart Parker tells BCR how NMB-Heller has continued to thrive…

The interview with Stuart Parker of NMB-Heller on how the company thrives in an increasingly competitive market is up on…


Business confidence high despite uncertain UK economy

A KPMG/Economist Intelligence Unit survey, focusing on the middle-market sector, which accounts for 40% of the UK economy, has discovered…


The CBI/Grant Thornton Service Sector Index May 2003

The results of this quarter’s survey have a particular significance as it was conducted in the period just following the…


Asian Development Bank to assign US$150 million to Pakistan for…

The Asian Development Bank (ADB) has pledged US$150 million in assistance to Pakistan to restructure and develop its small- and…


Small business credit scoring service launched

Kreditinform has, with Experian Scorex, introduced a new credit-scoring system for small- and medium-sizes enterprises (SMEs) to be known as…


Resona bailout causing concern to SMEs

In Tokyo, the US$17bn bail out of Resona bank is being hailed as a promising first step towards fixing Japan's…


Fortis Bank wins withdrawal of rogue website set up to…

A few days ago Fortis Bank detected a fraudulent site called ‘Fortisexpressbank.com’ on which improper use was made of its…


IFD Statistics Q1 2003

The Institute for Factors and Discounters of Australia and New Zealand have published the industry statistics for quarter 1 2003.…


Personal indemnity insurance for non-executive directors a key issue for…

Less than half of non-executive directors (NEDs) are protected by personal indemnity insurance. Yet NEDs could soon take on further…


Directorate for Enterprise publish an analysis of the use of…

The Directorate General for Enterprise (DG Enterprise) of the European Commission has published its study of the role that factoring…


HSBC Exim Bank of USA and Government of Canada extend…

The president, John Agyekum Kufuor, speaking at the Ghana Investors’ Advisory Council’s (GIAC) meeting, said that some modest gains had…


Gerling NCM reduces political risk premium for Kuwait

Gerling NCM has reduced the political risk price for Kuwait. This is as a direct result of the end of…


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