BCR Latest News

Export insurance strategy approved

The strategy of developing Treasury-guaranteed export insurance was approved by the government yesterday. It aims to promote the insuring of…


Euler Hermes predicts rise in number of bankruptcies in 2007

The number of bankrupt companies is likely to grow moderately next year after seven years of falls, the reason being…


EBRD equity creates opportunity for Serbian micro-businesses

The European Bank for Reconstruction and Development (EBRD) is paying euro 3m for an 18.2 per cent equity stake in…


Establishing a presence in the South East: The Davenham experience

Although the trade and receivables finance marketplace is well serviced in the South East of England by a number of…


FDA reports quarter on quarter growth in invoice finance sector

The demand for invoice finance continues to grow with statistics for Q2 released by the FDA revealing that nearly (more…)


New Eximbank head pledges support for small exporters

Small business is big business for the Eximbank of Korea. As the official export credit agency, the Eximbank strives to…


Coface UK launches online business information reports

Coface UK, a leading provider of credit management solutions for business, has launched the first service to combine factual business…


Citigroup provides dedicated financial solutions for SMEs

Citigroup China launched its SME programme in 2004, one of the first SME-focused initiatives of its kind by a foreign…


Ironclad finalises new $3m working capital financing facility with Wells…

Ironclad Performance Wear Corporation, a leader in high-performance gloves and apparel, today announced that the Company has finalised a new…


Small Business Service to lose most of budget in Whitehall…

The government agency with a remit to foster the growth of small business in Britain is facing substantial cuts, it…


Unicredit to announce Pekao's new managing board

Italy's Unicredit will soon announce the make-up of the managing board of the Pekao bank after its merger with Bank…


EBRD loan to support micro enterprises

The European Bank for Reconstruction and Development (EBRD) is lending to Mikrokreditna Organizacija EKI, the third-largest non-bank micro finance institution…


Factoring is booming at Ultimate Finance

Factoring group Ultimate Finance has unveiled a huge rise in profits. The Bristol firm clocked up a pre-tax earnings of…


CBI forecasts better growth in 2006 – slowing next year…

The UK economy has continued to pick up in the second quarter of 2006, with surprisingly robust GDP growth of…


Bank Muscat supports SMEs through Al Wathbah programme lending solutions

BankMuscat has been supporting the small and medium scale enterprises (SMEs) in the Sultanate through Al Wathbah programme, which offers…


KFW to lend US$20m for Promsvyazbank SME financing programme

Germany's Kreditanstalt fur Wiederaufbau (KfW) has signed an agreement to lend Russia's Promsvyazbank US$20m over seven years to finance small-…


HSBC's Business Credit Facility for SMEs

In line with its objective of a focused and tailored approach to the specific needs of small- and medium-sized enterprises,…


Italy aims to become gateway for China to enter the…

Italian Prime Minister Romano Prodi said Italy welcomes more Chinese companies to develop trade ties with Italy, following on from…


Local banks provide SME financing schemes

The government has put in place a supportive and conducive environment for the development of local SMEs. In this regard, the…


New players help factoring market up to E1bn

ING Commercial Finance, the specialised factoring service division of the ING Group, will mainly target small entrepreneurs and focus on…


Close Invoice Financing launches IDeal for SME users

Close Invoice Financing, a subsidiary of Close Brothers Group, has launched a new invoice financing system it says can work…


Innovative funding for SMEs needs legislation

The regulatory framework, pending in draft stage for years, must be effected to protect service providers from recovery (more…)


Banco Nacion ups SME loans 93%

Argentina's largest bank, federally owned Banco Nacion, increased lending to SMEs 93% from December 2003 to June 2006, the bank…


Firm's expansion plan packs a punch with asset-based finance from…

A rapidly expanding Hereford packaging business is on target to take sales past half a million after securing a clutch…


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