BCR Latest News

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…


Troubled Finance Credit Limited has released figures for 2001

Finance Credit Limited has released its year ended 31 December 2001 report and financial statement. The report shows that the…


Iraq conflict claims early commercial casualties

All credit insurance cover by Export Credit Guarantee Corporation of India Ltd. (ECGC) on exports to Iraq is likely to…


Factors and commercial finance drives CAHB group profit of RM747.6m…

Commerce Asset-Holding Bhd recorded a higher pre-tax profit of RM747.6m for the year ended Dec 31, 2002, compared with RM515.6m…


HVB Bank to offer EU subsidised loans to SMEs

HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…


Survey of SMEs shows confidence in survival in spite of…

A recent survey by Greenwich Associates, a Connecticut institutional financial services consulting and research firm, indicates 18.8 per cent of…


AGF Group shows income from credit insurance up 24% but…

French financial services company AGF Group said 2002 net income fell 63 per cent on write-downs of nearly Ђ1 bn…


Trade-credit insurance thrives in current climate

Uncertainty abounds in the global economy, as equity markets disappoint, trade disputes proliferate and fears of war overwhelm. What kind…


Bank's revolving credit scheme for SSIs

Canara Bank has launched a new scheme for small-scale industries (SSIs) banking with it. The bank will sanction a stand-by…


Insolvency Act 2000 – the first protected ‘debtor in possession’…

Go to United Kingdom: Insolvency Act 2000 – A Further Erosion of Creditors’ Rights?


More Brunei businessmen facing bankruptcies ask government help

The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…


Two banks identify Bumiputera SMEs as target market

Many small- and medium-sized enterprises (SMEs) fail to secure loan applications for supporting their information and communications technology (ICT) initiatives…


Banks collaborate on invoice finance for Mexican SMEs

Compass Bank said that this year it will intensify its programme of loans for Mexican small- and medium-sized companies (SMEs)…


Fitch confirms Coface's AA rating

Fitch Ratings, the international rating agency, has affirmed the "AA" Insurer Financial Strength rating (IFS) on Coface S.A. Separate "AA"…


Export credit insurer predicts increased market share and diversification

The Export Credit Guarantee Corporation Of India expects service exports to account for at least 15 to 20 per cent…


Credit Agricole and Credit Lyonnais get green light to merge

France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks…


Manufacturing survey report –industry comment

UK manufacturing output staged a surprise gain in January on the back of a better performance by the computer industry,…


Supply chain giant unveils receivables and insurance products to help…

UPS Capital, the financial services arm of UPS, has launched four products to help Canadian companies speed the movement of…


Banks home in on SME business

With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…


Local banks may tighten their approach to SMEs

Standard & Poor's Ratings Services said yesterday that it is maintaining a stable outlook on most Korean banks, as it…


Latest business failures analysis and 3 year forecast gives a…

The number of business failures is poised to reach 70,000 over the next three years as a downturn in consumer…


Specialist bank and finance company announces 39% increase in pretax…

Broadcastle plc, the specialist bank and finance company, announced its audited results for the year ended 31 December 2002. Profit…


German credit insurer takes steps to protect core businesses

Gerling, the cash-strapped German insurer, said yesterday it was seeking regulatory approval to inject Ђ200m (US$220m) in emergency funds into…


Strong Growth for factoring and leasing in 2002; same again…

Three members of Latvia's Leasing Provider Association, Hanza Lizings, Unilizings and Nordea Finance Latvija have reported a factoring and leasing…


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