BCR Latest News

Four banks join new SME lending scheme

The SME Promotion Office yesterday signed agreements with four banks to offer financial support for small- and medium-sized enterprises (more…)


Medical Mobile signs factoring agreement with LOCAM

Medical Intelligence Technologies, the Canadian company, has announced today that its French subsidiary Medical Mobile has signed an agreement with financial…


Atradius to advise and support insurer on domestic credit insurance…

Under the co-operation, domestic credit insurance will be offered in China by CCIC to local Chinese companies and to existing…


GECF BIMBO deal helps towel supplier clean up

GE Commercial Finance has announced that its Business Finance unit has completed a deal to facilitate the Buy-in, Management Buy-out…


Bancoldex bond issue raises US$42m

Colombia's state-owned export development bank Bancoldex has raised pesos 100bn through a bond issue (more…)


GMAC Commercial Finance commits to $10m facility for Next Inc.

Next Inc., an emerging leader in the licensed sportswear and promotional products industry, has announced it has received a commitment…


Feller Rate hikes rating on Mapfre, Coface

Chilean ratings agency Feller Rate has upgraded its ratings on local credit insurers (more…)


CU to provide Small Business Administration guaranteed loans for members

CU, one of the nation's largest credit unions, announced it will offer Small Business Administration (SBA) guaranteed loans to its…


Backward banks don't encourage forward thinking, says report

The UK's small- and medium-sized enterprises (SMEs) believe high street banks are not flexible enough to support socially minded businesses.…


GTF targets Rs 5,000 cr turnover in 2007

Riding on the back of a 100 per cent year-on-year growth in assets, export-import factoring company Global Trade Finance Ltd,…


CzechTrade agency and HKCR networks join forces to support SMEs

CzechTrade, the government agency charged with increasing international trade and cooperation between domestic and foreign companies, has launched a new…


Central Bank increases interest rate

This is the third time this year that the interest rate has been increased (more…)


FLA asset finance statistics show weak growth in Q2 2006

Second quarter results, released by the Finance Leasing Association for the asset finance industry, indicated weaker growth in new business,…


Hitelgarancia stock of factoring guarantees reaches HUF 1bn

The stock of guarantees on factoring contracts by Hitelgarancia, a majority state-owned guarantor of credit for small- and medium-sized enterprises…


French SMEs target increased exports

Small- and medium-sized enterprises (SMEs) represented 86% of the 100,000 exporting French businesses in 2005, but were responsible for just…


Siam General Factoring debt transfer, SET wants answers from EWC

The Stock Exchange of Thailand has asked Eastern Wire Plc (EWC) to explain a transaction involving seven account receivables that…


Heller posts 13pc sales rise, CEO says factoring potential great

Heller Bank AG posted sales of euro 5.73bn in the first half of 2006 - a 13.6 per cent increase…


Fortis zones in on factoring, trade finance in Scandinavia

Fortis Bank has opened branches in Copenhagen (Denmark) and Stockholm (Sweden), reinforcing its European network of business centres to a…


Export house for SMEs

The commerce ministry is planning to set up a SME Export House with the objective to promote export trade of…


SEB Vilniaus Bankas to issue euro 10m worth of loans…

Lithuania's largest commercial bank SEB Vilniaus Bankas will allocate euro 10m (LTL34.5m) for loans to small- and medium-sized enterprises (more…)


ECIC aiming for 11.6pc growth in insured business

Government-owned Hong Kong Export Credit Insurance Corporation expects total insured business to grow by 11.6 per cent for the three…


BNDES opens US$470m credit line for medium-sized companies

Brazil's national development bank BNDES has set aside reais 1bn (US$468m) to form a line of credit for medium-sized companies…


Bank of America introduces new small business credit product

Bank of America has launched a product that allows small business owners access to an unsecured line of credit of…


Factoring in the USA – strongest for five years

The US factoring industry achieved its strongest year-to-year growth since 2000, based on factored volume of its providers, according to…


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