BCR Latest News

42% of businesses say they do not recover all their…

30 years after its introduction, 70 per cent of UK businesses are still struggling to comply with the complexities of…


Coface reassesses problem country ratings and issues country analyses

The Coface Group, a world leader in export credit insurance and commercial risk management, has upgraded Vietnam and downgraded Bolivia,…


Florida TMA chapter report financing still sluggish and credit policies…

Lenders painted a less than rosy picture of the Florida lending market at the Florida Chapter Turnaround Management Association's meeting.…


ECGD boosts renewable energy sector with export credit insurance cover

Some Ј50 million (GBP) of cover for the UK renewable energy sector is being made available by the Export Credits…


Asset-based lending gains ground rapidly

Asset-backed financing of management buy-outs (MBOs) is set for a bumper year as small companies struggle to attract funding, while…


Siam General Factoring announces dividend decision

Siam General Factoring said its board on March 28 approved no dividend for 2002 due to retained loss, a capital…


Tax rise 'to force a third of small companies to…

National insurance rises due to take effect this week will force a third of smaller companies to cut jobs, according…


Economic growth indicator lowest in four years

Gordon Brown may be forced to revise down his forecast for UK growth this year, according to a number of…


Bank crisis update

A senior leader of Myanmar's ruling military junta has urged those who have borrowed from crippled banks to repay their…


Power firms await Electricity Bill before insuring receivables

Power producers will now be able to insure their receivables against non-payment of payments due as the insurance sector is…


Gulf Bank expects to regain profitability in 2003 as announced…

Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department…


Court gives go ahead for Gerling to sell reinsurance arm

German insurer Gerling-Konzern Allgemeine Versicherungs said that it received the go ahead from a German court to sell its reinsurance…


Russia enters Lithuanian banking market

One of Lithuania's largest banks has come under nominal control of a little-known Russian financial institution, leaving industry insiders to…


SMEs benefit from new monetary measures

Bank Negara governor, Tan Sri Dr Zeti Akhtar Aziz, announced monetary measures aimed at addressing the current economic challenges during…


New research from Bibby Financial Services highlights growing unease

The combination of war with Iraq, the falling stock market, and the perceived threat of terrorist attack, have left Britain’s…


ECGD overhauls business strategy

International Trade Minister Baroness Symons has announced the further steps she is taking to modernise the Export Credits Guarantee Department…


Strategic advisor assumes senior position in Kaulkin Ginsberg

Kaulkin Ginsberg, a leading provider of advisory services to service businesses including accounts receivables management (ARM) organisations, announced today that…


Tenon Group plc announces preliminary results and corporate finance restructure

Tenon Group, the UK accountancy and corporate recovery specialists, published their preliminary results statement declaring a pre-tax profit of Ј4.3m.…


Swiss Re declines comment on Gerling NCM rumours

Swiss Reinsurance Ltd's Chief Financial Officer, John Fitzpatrick, declined to confirm or dispel rumours in the German press that Swiss…


Bank of India plans rating tool for SSIs

Bank of India (BoI) plans to introduce an exclusive Small Scale Industries (SSI) credit rating system which will take into…


Ten thousand SMEs fail annually due to late payment by…

Small firms are still being caught out because they offer longer credit periods to customers than they receive from their…


EULER Trade Indemnity streamline commercial underwriting

EULER Trade Indemnity, the UK’s leading credit insurer, has restructured senior management team responsibilities. These changes are designed to streamline…


More exporters are taking up the EFIC Export Working Capital…

Last year, Export Finance and Insurance Corporation (EFIC) re-launched the Export Working Capital Guarantee (EWCG) facility to extend its range…


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