BCR Latest News

President to seek US$95m from Washington to fund SMEs development

President Gloria Macapagal-Arroyo will ask Washington for US$95 million in technical and financial assistance to boost the growth of local…


Kasikornbank offers trade credit insurance and guarantees with partners

Kasikornbank, in co-operation with Exim Bank, Kasikorn Factoring and Phatra Insurance, has announced a new trade credit insurance and guarantee…


Bank Negara sets up special unit to help SMEs

Bank Negara Malaysia has set up a special unit to help small- and medium-size enterprises (SMEs) obtain financing. The Small…


Daisytek Australia and ISA International (UK) appoint voluntary administrators as…

Daisytek International Corp. said the boards of its subsidiaries in the UK and Australia each appointed a voluntary administrator to…


FDA gives advance notice of the 7th annual conference to…

It has just been announced that this year the Annual FDA Conference will be held on November 26th-27th at the…


Corporate bankruptcies hit 27-month high

Due to the continuing economic slowdown, corporate bankruptcies rose to their highest level in 27 months in April, the Bank…


Philippine exporters to sign agreements on SME development

The Philippine Exporters Confederation (Philexport) will sign agreements this week with three separate entities aimed at helping develop small- and…


Draft SSI law should include promotion of factoring service says…

A unified law for the small-scale industry sector (SSI) that will help enhance the sector's efficiency is being drafted, according…


Government to give full support to SMEs for financing product…

The Thai government has pledged the full weight of its support to the small- and medium-size enterprises (SMEs) to enable…


SACE close to reopening export credit insurance cover for Iraq…

Businesses that want to invest in Iraq will once again be able to avail themselves of SACE (Export Credit Insurance…


Japan’s resumption of its export credit insurance programme paves the…

As reported on Friday, Japan will today resume its export credit insurance programme for Iraq, paving the way for Japanese…


Banca Popolare di Sondrio in SME venture in Lombardy

The Italian bank Banca Popolare di Sondrio (Pop Sondrio) has concluded an agreement with Promos, the international operations division of…


ECGD provides export credit guarantee for petrochemical plant in Iran,…

A three-day trade visit to highlight growing business opportunities for UK exporters in Iran was today announced by the Export…


Corporate bankruptcies slide for fourth month

Corporate bankruptcies fell 7.7 per cent in April from a year earlier to 1,514, down for the fourth consecutive month,…


Japan to resume export credit insurance toward Iraq

Japan will resume its export credit insurance programme toward Iraq on a limited and short-term basis from next Monday (19…


Coface opens up in Quito and attracts interest among local…

France-based trade insurance provider Coface's entry into Ecuador has already sparked the interest of local companies, Coface Chile's marketing and…


SMEs struggle to access bank loans, claiming banks are loan-shy

For the past year and a half, the hottest topic at conferences and seminars held by banks has been the…


Caribbean Financial Services Corporation to fund SMEs from Ђ8 million…

The Barbados-based Caribbean Financial Services Corporation (CFSC) has received funds of Ђ8 million from the European Investment Bank (EIB) to…


Relationships between factors and their clients can be long term;…

GMAC Commercial Finance plc, the UK's largest independent invoice finance and asset-based lending specialist, is celebrating the 20th anniversary of…


Valtech enter factoring agreement to reduce debt by Ђ1.1 million

Valtech, the French global group of Advanced Technology Solution Centres, has transformed its main line of credit in France into…


Wee See Long joins GE Commercial Finance, Singapore

Wee See Long, formerly country manager with CIT/Newcourt, Singapore, has joined GE Commercial Finance as director of business development, Asia…


Money laundering – Article on international regulations for factors now…

BCR has today added the specialist article on international regulations regarding money laundering and their effect on import and export…


Overwhelming support for Euro amongst UK Firms trading overseas; Bibby…

As the date for the Chancellor’s announcement on the results of the five economic tests for the euro looms on…


UK Venture capital investment drops dramatically in quarter 1

Figures released today by Ernst & Young and VentureOne reveal a traumatic start to the year for the UK and…


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