BCR Latest News

UK companies are taking high credit risks to meet sales…

Fifty-six per cent of UK financial directors believe that their organisation’s sales team is willing to accept too many orders…


CIT Small Business Lending names John Little Regional Account Manager…

CIT Small Business Lending, a subsidiary of CIT Group Inc., announced another major addition to the organisation. John Little was…


IFD notice to members counter terrorism laws – an update

Executive Summary Included in this Notice is a summary of the Commonwealth counter terrorism laws as they affect members together…


SMEs get fast-track loans that do not need collateral

New entrepreneurs can now qualify for loans of up to 500,000 baht within just seven days under a fast-track programme…


Molecular Imaging Corporation secures US$3.2 million asset-based financing package

Molecular Imaging Corporation, formerly known as Mobile PET Systems, Inc., announced that it has secured a US$3.2 million asset-based finance…


Bank of Cyprus Ltd – Group Results for quarter one…

The Bank of Cyprus Group's activities include finance, factoring, investment banking, brokerage and venture capital. The Group is the leading…


International Institute for Management Development publishes the World Competitiveness Yearbook…

The World Competitiveness Yearbook (WCY) is a comprehensive annual report on the competitiveness of nations compiled by the Swiss-based International…


KMPG Restructuring analyse UK business negative warnings figures

UK businesses continued to show an increase in the number of negative warnings during the first quarter of 2003, as…


Credit line offered to SARS-affected small tourist firms

The Small Industry Credit Guarantee Corporation (SICGC), in conjunction with the Small and Medium Enterprise Development Bank of Thailand (SME…


Gerling steps up efforts to sell reinsurance operations

German insurer Gerling-Konzern Allgemeine Versicherungs AG this week stepped up efforts to sell its unprofitable reinsurance unit, Gerling Re. Gerling…


Swank Inc. enters US$30 million credit agreement against receivables and…

John Tulin, President of Swank, Inc. reported the net sales and operating results for the company's first quarter. Net sales…


A call to the Basel committee for amendments to Basel…

Stephany Griffith-Jones is a professor at the Institute of Development Studies, Sussex University The Basel committee of banking regulators has…


Syrian private sector SMEs to benefit from 25 million euros…

The Syrian Government has agreed to provide the European Investment Bank (EIB) with a guarantee for the loans the EIB…


IslamicDevelopment bank to finance SMEs

A business promotion delegation of the Islamic Development Bank (IDB) has agreed to finance projects in Bangladesh's high potential but…


International survey reveals the opinions of independent businesses on economic…

A Grant Thornton International Business Owners Survey carried out among 6,058 owners of independent SMEs from 19 countries provided entrepreneurs…


Hungarian Development Bank to lend HUF 50 billion to SMEs…

The state-owned Hungarian Development Bank (MFB) plans loan programmes worth HUF 245 billion in 2003-2004, MFB CEO Janos Eros announced.…


CIT Commercial Services – Pan Pacific, Ltd opens factoring office…

CIT Commercial Services, a unit of CIT Group Inc., has announced the opening of a representative office in Shanghai, China.…


European Commission redefines SMEs and micro enterprises

The European Commission (EU) has issued new definitions of micro enterprises and small- and medium-sized enterprises (SMEs) aimed at boosting…


Bank Industri, Matrade team up to boost exports with finance…

Bank Industri and Teknologi Malaysia Bhd and Malaysia External Trade Development Corp (Matrade) have teamed up to spur Malaysia's exports…


Bucharest embraces third East European Factoring Conference

The recent third European Factoring Conference was held in Bucharest, the capital of Romania… Read the full article by going…


ECB holds rates steady despite euro strength

The European Central Bank (ECB) held interest rates steady at its monthly policy meeting on today (8 May 2003) despite…


Latest Tenon Forum Quarterly Report on business confidence in Entrepreneurial…

The Tenon Forum, the independent think tank, published its Quarterly Report today (8 May 2003). This independent research, carried out…


Insolvency regulator appoints drugs scourge as new president

Richard Long, a leading expert in drug trafficking enforcement, has been named as the new president of the Insolvency Practitioner…


Latest analysis of the Chinese factoring market now available on…

BCR has today added the latest analysis of the Chinese factoring market, from the soon to be published World Factoring…


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