BCR Latest News

EU raises SME venture fund limit

The European Commission raised the upper limit of venture capital financing small- and medium-sized enterprises (SMEs) to (more…)


Consultation on Money Laundering Directive launched

HM Treasury has today (31 July) launched a consultation on the Government's proposed implementation of the Third Money Laundering Directive.…


Guy Carpenter adds team of seasoned professionals to political risk…

Guy Carpenter Company, a global risk and reinsurance specialist, has welcomed a number of experienced professionals to its newly restructured, London-based…


World Bank continues support of export development

The World Bank's Board of Executive Directors has approved a US$154.5m loan for the Second Export Development Project (EDP2).The project…


Dresdner Factoring AG – receivables turnover well above target

Dresdner Factoring AG, one of the leading German providers of factoring services for small- to medium-sized companies (SMEs) with annual…


Accord announces improved second quarter and record first half earnings

Accord Financial, a North American provider of a wide range of factoring and other asset-based financial services, has announced its…


Internationalisation finance scheme launched

Singapore will launch an Internationalisation Finance Scheme in mid-August to help local companies expand overseas, the International Enterprise (IE) Singapore…


Banks boost lending to SMEs

Korean banks boosted lending to small- and medium-sized enterprises (SMEs) during the second quarter of 2006 after the government tightened…


International factoring portfolio surges ahead in H1

Factoring turnover in Lithuania in the first half of this year, was up by 18.1% year-on-year. The January-June turnover soared…


Kaesong entrepreneurs meet Credit Guarantee Fund representatives on inspecton tour

Last month, the Finance Ministry announced the government would give loan guarantees of up to won 10bn (US$11m) per company…


Central bank increased key interest rate

The Slovak central bank (NBS) board decided to raise key interest rates. Two-week repo tenders increased by one half of…


IFC to exit GTF post-IPO

Leading factoring service provider Global Trade Finance (GTF) is planning to raise an initial public offer (IPO) (more…)


Coface Sector @ratings Update July 2006

Coface's sector @rating measures the average level of non-payment risk associated with companies in each economic sector (more…)


Czech factoring turnover up at CZK49 bn at end of…

Czech factoring companies posted a turnover of nearly CZK49bn (euros 1.7bn) in January-June this year (more…)


Intrum Justitia acquires large portfolio of defaulted bank loans

Intrum Justitia and Goldman Sachs have jointly agreed to acquire a large portfolio of written-off, non-performing bank loans from (more…)


Manufacturers must innovate to reap rewards in emerging markets

More than half of global manufacturers (56%) expect to substantially grow revenues in emerging markets over the next three years…


Venture Finance advances up 10% in first half 2006

Venture Finance, the invoice and asset-based financier, has announced sales figures for the six months to June 2006 (more…)


EBRD analysis – Trade finance in Tajikistan

Christoph Maier, consultant, European Bank of Reconstruction Development (EBRD) examines trade finance in Tajikistan. The EBRD is one of the…


3i Infotech revenues up 45 per cent Q1

3i Infotech, the finance software provider, has added 45 per cent to total revenues for first quarter 2006 (more…)


Henning joins Quorum with marketing remit

Quorum AG, the German factor, has appointed Andrew Henning to its board as operations and marketing director. (more…)


GMAC Commercial Finance provides $5m factoring facility to apparel firm

The Commercial Services Division of GMAC Commercial Finance (GMAC CF) announced today the funding of (more…)


SME receivable funding scheme launched

Vinod Rai, Special Secretary (Financial Sector), Union Ministry of Finance, launched three new SME funding schemes (more…)


SMEs get Enterprise Ireland partnership funds boost

More than euro 50m was invested in small- and medium-sized enterprises (SMEs) and developing companies last year by Enterprise Ireland partnership funds…


DCR upgrades Bancolombia factoring unit ratings

Colombian ratings agency Duff Phelps (DCR) has upgraded its long-term debt rating for the Comercia factoring unit of the country's…


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