BCR Latest News

Grant Thornton's recovery and reorganisation practice appoints new partner

Leading business and financial adviser Grant Thornton today announced the appointment to partner of Samantha Keen in its Recovery and…


Malaysian Industrial Development Finance plans islamic-based financing facility

Malaysian Industrial Development Finance Bhd (MIDF) plans to launch a new financing facility using sharia-based principles by the second quarter…


New head of Abbey National Cash Flow Finance

Adrian Taylor joins Abbey National Business to head its Cash Flow Finance at a time when the bank is attempting…


US funds sought for matchmaking plan to help Filipino SMEs

The Small and Medium Business Development Foundation (Philsmed) is seeking funding from the United States Agency for International Development (USAid)…


Institute of Export joins forces with GERLING NCM to recover…

The Institute of Export and GERLING NCM, one of the world's leading credit insurance and receivables management companies, today announced…


Bancomext estimates 5% growth in exports this year

The Mexican Foreign Trade Bank (Bancomext) estimates that Mexican exports could grow by 5% during 2003, a year in which…


Government plans regulatory overhaul of insurance industry

Guatemala's government is drafting legislation that would provide a new regulatory framework for the insurance industry, an official from the…


Bank specialising in serving SMEs to list on Nasdaq

Bridge Bank, Santa Clara County's newest full-service business bank today announced that it has been approved to list its securities…


DTI to relax collateral requirements on SMEs

The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for…


Citibank to focus on SMEs through transportation funding

Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…


Chilean unit of Coface reports increase in income

The Chilean unit of French credit insurance company Coface saw its premiums grow 34% during 2002 and booked net income…


No improvement in payment times of PLCs

The findings also raise questions about economic prospects for The Federation of Small Businesses (FSB) published payment-performance tables for over…


Scottish business failures rise 6.4%

The number of business failures in Scotland increased by 6.4% last year to the highest level for nine years, according…


Factoring company plans 30 per cent leasing portfolio growth in…

Hanza Lizings leasing and factoring company expects 30 percent leasing portfolio growth this year, company director Artis Birkmanis told reporters.…


Factoring activities contribute to Sterling Bancorp’s increase in profit

Sterling Bancorp, in its announcement of company figures for year ended 31 December 2002, attributed its increase in non-interest income…


New Director of Finance for UK’s leading credit insurer

Euler Trade Indemnity, the UK’s leading credit insurer, today announced the appointment of Fabrice Desnos as its Director of Finance.…


Japanese discover novel ways of raising capital for SMEs

The Osaka prefectural government has turned to Lehman Brothers and Daiwa Bank in a novel securitisation deal, as it attempts…


Fairfax Gerrard Holding Limited expects substantial growth

David Ross, managing director of Fairfax Gerrard Holding Limited, a company which provides finance against transactions to the construction industry…


Italian minister says Italy to increase investments in Bosnian SMEs

Italy intends to keep the role of the first foreign trade partner of Bosnia and Herzegovina (BiH) and increase investments…


Netherford Factors Ltd attribute downturn in profit to tough times…

Netherford Factors, a factoring company that specialises in providing factoring services to suppliers of the media industry, has reported a…


SIDBI to run $40m support fund for SMEs

THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises,…


Finance business, GMAC, shines as General Motors unveils Q4 income…

"General Motors Acceptance Corporation, or GMAC, achieved its eighth-consecutive year of earnings growth and fourth straight year of record earnings…


1.8bn baht sought for SMEs development

The Industrial Promotion Department plans to seek the National Economic and Social Development Board's approval for a budget of 1.8-billion…


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