BCR Latest News

The EU allots RON40m to SMEs

SMEs are being encouraged to table applications for the RON40m funds made available by the EU. (more…)


Guangdong expands credit database for SMEs

South China's Guangdong Province is extending its credit database for SME enterprises to give them better access to bank loans. (more…)


Hana Bank begins micro credit service

Hana Bank Korea is expected to begin a micro credit service that will offer small loans to startup entrepreneurs. (more…)


Bibby Financial Services expands its leasing finance team

Bibby Financial Services’ specialist Leasing Finance division has appointed Michael Ringrose as head of business development and John Bradshaw as…


Optimizing inventory management and SCF improves working capital metrics

Aberdeen, a Harte-Hanks Company releases the latest benchmark report on working capital optimization based on a survey of 400 supply…


REL/CFO Europe survey sees European working capital rebound

After a major setback in 2005, Europe's 1,000 largest companies (excluding automakers and financial institutions) resumed their course of working…


Bruno Samonini on growth prospects for credit insurance in the…

Bruno Samonini, Regional Manager (Middle East) Euler Hermes Credit Insurance talks about the expansion of Euler Hermes operations in the Middle…


ProCredit Bank to on-lend euro 9.4 million to SMEs

ProCredit Bank said it will disburse a resource of euro 9.4 million among SME investment projects in Bulgaria's urban and rural…


William Traynor joins Peachtree Life Finance

William Traynor has joined the specialty factoring company Peachtree Life Finance group (“Peachtree”) as National Manager. (more…)


Los Angeles Chamber joins Ex-Im finance programme

Los Angeles-based SMEs looking to compete in global markets will have easier access to financing through a new partnership agreement between…


South Africa-Italy export credit agencies sign agreement

Italian export credit agency SACE and South African Export Credit Insurance Corporation signed a co-operation agreement to support joint Italian and South African…


ACC swaps accounts receivable factoring for convertible debt

Alternative Construction Company complete US$4bn financing to go along side restructuring moves and supply chain efficiency gains, announced earlier in the…


ABN AMRO, Saudi Hollandi Bank and Atradius DSB close innovative…

ABN AMRO, Saudi Hollandi Bank and Atradius use a new innovative structure to finance the purchase, by HUTA, of a…


Payment arrears in the Far East and Asia far exceeds…

According to recent figures, average payment arrears throughout Europe now stands at 53 days but when supplier terms are taken…


HSBC Survey says Asia Pacific SMEs expect local economic growth…

The Hongkong and Shanghai Banking Corporation has revealed that small businesses in Singapore anticipate good times ahead, according to the HSBC…


Euler Hermes rating is affirmed by S&P

Standard Poor's affirmed its 'AA-' long-term counterparty credit and insurer financial strength ratings on the core operating entities of Euler Hermes. (more…)


IFA announces The Presidents and Senior Executives Meeting for Factors

The meeting is scheduled for August 23 and 24 at the Fairmont Copley Plaza in Boston, MA. It is limited to…


Director resigns from Canam Credit board

Robert Fleischaker has resigned from the Board of Directors of Canam Credit, a factoring and private lending business (more…)


Asia Pacific SME market drives growth at SAP

In today's dynamic business climate, organisations have to increase the speed of innovation and one way of doing that is…


SIDBI launches BDS programme for SME clusters

The Small Industries Development Bank of India, in association with the Centre and World Bank, has launched the Business Development…


CNH launches equipment finance programme with De Lage Landen

CNH Financial Services announces that it has entered a private label programme with De Lage Landen Leasing Polska SA, in…


Indian Banks play safe with SME exporters

Indian banks have become increasingly cautious when lending to SME enterprises as smaller businesses are worse affected by the fall…


SME Development Bank of Thailand expects credit lines to double…

The Small and Medium Enterprise Development Bank of Thailand predicts its outstanding credit lines will jump more than 50 percent…


Exim Bank to increase loans and credit insurance in 2007

Export-Import Bank of Malaysia Bhd (Exim Bank) expects an 11 per cent increase in loans and credit insurance in 2007, from RM3bn…


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