BCR Latest News

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…


Dynamic Commercial Finance plc announce preliminary results 2002 and new…

Dynamic Commercial Finance plc, specialising in invoice factoring and invoice discounting, produced a profit before tax for the second half…


Survey reports 51% of SMEs plan additional borrowing

Offshore selling of Australian bank stocks had been overdone in recent months because fears that the home-lending market would collapse…


Indonesia, and Guatemala enhance ties between SMEs

Indonesia and Guatemala recently held seminars on understanding their bilateral economic and cultural potentials, an Indonesian official has said. Indonesia's…


Factoring: Once carrying a stigma as being the last refuge…

Go to Factoring: Safety net when payment falls through.


Wells Fargo broadens its presence in Philadelphia by buying into…

Financial services giant Wells Fargo & Co. increased its presencein Philadelphia recently when one of its subsidiaries bought most of…


Anti-terror measures 'could add 3% to cost of world trade'

Anti-terrorism measures being taken by states around the world could add up to 3 per cent to the cost of…


Lithuania's Snoras Bank posts sharply increased Ђ3m profit for 2002…

Snoras, Lithuania's fourth-biggest commercial bank, posted an audited net profit of 10.55m litas(Ђ3.057 m)for 2002, compared to 4.51 m litas…


Hebros Bank builds SME ties to build a leading position…

Hebros Bank completed the first stage of their national education campaign about bank credit financing offered to small- and medium-sized…


Taskforce calls on UK government to reimburse ECGC of India

The Taskforce on Project Exports, set up by Prime Minister’s Office in June 2002, has recommended in its report that…


Venture Finance fund Spicer-Hallfield buy-out

Spicer Hallfield, the Bucks-based manufacturer of photographic albums and frames, has been acquired through a management buy-in/buy-out. Funding was provided…


HSBC’s ‘Focus on SMEs’; outdoing the big boys

SMEs have come through the recent slowdown relatively unscathed. Not only is the financial performance of SMEs already improving, but…


The ACCA’s view on the pros and cons of alternative…

Small and Medium-sized Enterprises (SMEs) are increasingly overlooking business loans in favour of costly credit facilities to solve short-term cash…


Business failures rise by 16 per cent

German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…


EquiFin signs letter of intent to acquire Celtic Capital Corp

EquiFin, Inc, has announced the signing of a non-binding letter of intent to acquire Celtic Capital Corporation, a privately held…


Euler Hermes Group rating lowered to A+

Standard & Poor's Ratings Services has lowered to 'A+' from 'AA-' its long-term counter-party credit and insurer financial strength ratings…


Capital Bank Cashflow Finance Limited reports profit for 2002

Capital Bank Cashflow Finance Limited has released its annual accounts for the year ended 2002. The company recorded a profit…


Exporters challenge credit insurers over Latin American risk assessment

Credit managers of companies exporting to Latin America have accused credit insurers of failing to back them up and being…


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