BCR Latest News

Small Enterprise Development Corporation hit by financial crisis

The Small Enterprise Development Corporation (Sedco), which is facing serious financial constraints, could be forced to further downsize its operations…


SMES need financing to sustain operations

A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…


ECB set to cut rates after euro appreciation

The widely expected interest rate cut by the European Central Bank on Thursday (5 June) will be the talking point…


National Association of Wholesaler-Distributors forms alliance with EULER ACI to…

The National Association of Wholesaler-Distributors (NAW) has announced that it has selected EULER American Credit Indemnity (EULER ACI) as its…


New government website will help small firms connect to better…

The Small Business Service (SBS) has launched a new website providing small- and medium-sized firms (SMEs) with a wealth of…


Laurentian Bank of Canada’s Commercial Financial Services sector reports $4.5…

Laurentian Bank of Canada’s Commercial Financial Services segment reported a net income of $4.5 million (compared to $6.9 net income…


The future of reference agency Experian remained uncertain as parent…

Following the sale of its mail order business this week to the Barclay brothers, owners of Littlewoods, Great Universal Stores…


Gerling NCM to launch free debt collection hotline

As a direct response to requests from small- and medium-size enterprise (SME) customers, Gerling NCM has set up a free…


Eurofactor the first to focus on Wales with a local…

Eurofactor Thames Valley, the Reading-based business finance experts are to become the first organisation to deliver a full range of…


Meeting of the Institute for Factors and Discounters of Australia…

The Institute for Factors and Discounters of Australia and New Zealand (IFD) will hold its next meeting on 26 June…


Coface UK appoints new risk director

Coface UK, has announced the appointment of Ian Hollyhomes as risk director. With extensive experience within both commercial and credit…


European Union extend Apex Loan facilities to SMEs for a…

The European Union (EU) has extended by one year, the Apex Loan Facility to small- and medium-scale enterprises (SMEs). Grant…


Factoring becomes increasingly popular, market set to grow

In 2002, the total value of invoices purchased by companies engaged in factoring activities reached ZL10bn, compared to ZL8bn a…


In the aftermath of the Finance Credit scandal, KPMG to…

Bank 1 Oslo will sue accounting giant KPMG and state authorized accountant John Haukland for NOK 337 (USD 50.5) million…


Exports by SMEs to exceed US$100 bn by 2007

Annual exports by small- and medium-sized enterprises (SMEs) will top US$100 bn by 2007, the Small and Medium Business Administration…


UK’s leading credit management group rebrands

EULER Trade Indemnity, the UK’s leading credit insurer today rebrands as Euler Hermes UK. This is part of the roll…


A new name for the Euler Group

A new identity has been adopted with a unique name, logo and visual identity for all the affiliates of the…


ROI Fund’s first investment – $1.53 million to factor and…

Return on Innovation (ROI) Advisors Ltd., portfolio manager for the ROI Fund, have announced its first investment; a $1.53 million…


Lack of financing causes 70% of SMEs to fold

Of all the small- and medium-sized enterprises (SMEs) that start operations in the domestic market 70% close down two years…


Royal Bank of Scotland participates in US$31m bank loan for…

A loan of US$30.9m loan has been granted by the European Bank for Reconstruction and Development (EBRD) to support the…


FDA Quarter 1 2003 industry figures are released

The latest FDA figures, announced today (27 May), indicate that more and more businesses are turning to export factoring to…


Business credit, export insurance and open markets are key to…

Encouraging exports with the support of financial institutions is key to Lebanon’s economic revival according to experts at the 9th…


Industry Sector analysis and outlook by the Coface Group

A deteriorating international geopolitical context, rising energy prices, and concern about terrorist attacks have delayed the expected recovery. Sagging household…


Barclays targets SMEs

Some Ugandans view Barclays Bank as one of those banks that predominantly serve elite customers. However, its chief executive officer,…


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