BCR Latest News

CBI attacks 'confusing' government support for SMEs

The CBI has accused the government of letting down small- and medium-sized enterprises by spreading its £8bn business support budget…


EBRD expands support to Kazakh micro- and small-scale enterprises

The European Bank for Reconstruction and Development (EBRD) is expanding its support to micro and small enterprises (MSEs) in Kazakhstan…


Pressure rising on GMAC amid mounting GM losses

In the wake of General Motor’s (GM’s) dismal financial release, analysts have eagerly re-initiated their frenzy of speculation over the…


Government announces new Chief Executive for UK Trade & Investment

Jack Straw said: "UKTI's job is to sell to a global audience the very qualities that made us one of…


Banco Security ups profits 38% in 2005

Grupo Security owned Banco Security is active in factoring, insurance, stock brokering and (more…)


B&Q suppliers cannot use invoice finance without consent

 John Cleland, managing director commercial at B&Q, wrote to suppliers 10 days ago setting out the new terms. “I recognise…


Government finance boost for development of SME activities for 2006

The Finnish Government has allocated total financing of €132 million for development of the activities of small- and medium-sized enterprises…


Tighter credit, slowing global economy forecast – EDC

Canadian exporters are losing confidence as they begin to feel the challenge of a slowing global economy. Looking to the…


Bill on export insurance with state subsidy signed

The Senate returned the bill, which will enable the sale of the subsidiary of the export guarantee and insurance company…


Feller Rate affirms Coface Chile credit rating

 In Chile, Coface competes with Mapfre Garantías y Créditos, a unit of Spain's Mapfre, and Continental (more…)


Small businesses let down by late payers

Ask many small businesses what their biggest problem is and they're likely to respond with: cash flow. They're working hard,…


Fortis grows asset-based lending activity with new acquisition

The Lausanne-based company, which specialises in asset-backed financing, operates in the German, French, and Italian-speaking Swiss cantons (more…)


Atlantic RMS announces record year

Atlantic Risk Management Services Limited (AtlanticRMS), a factoring outsourcing specialist, completed around 850 audits during 2005, the company has announced.…


SME service, manufacturing and construction sectors rally in Q4 2005

The festive Christmas season helped to reinvigorate the UK growing business sector during the last quarter of the year, according…


HSBC partners IFC to offer Global Trade Finance Programme

The Brazilian unit of UK banking giant HSBC has originated the first trade transaction for a Brazilian exporter under the…


Standard Bank opens branch in Dubai

Standard Bank's international investment banking subsidiary, Standard Bank plc, has opened its first full overseas branch in Dubai to grow…


Experian launches collections solution to track & locate unpaid receivables

In an effort to help financial services organisations collect on large volumes of uncollected debt, Experian®, a global information solutions…


Invoice Discounting – Factoring in the Change by Phillip Kerle,…

This article looks at trends currently taking place in the Northern European factoring and invoice discounting market and the increase…


Versailles fraudster fights to sell St Tropez villa

Carl Cushnie, the convicted fraudster and former Versailles director, has received a €19m (£13m) offer for his St Tropez villa…


Europe in pole position as factoring's largest market

Europe remains the factoring industry s largest market, representing over two-thirds of global volume, new figures from Factors Chain International…


Banks court SMEs to protect loan margins as agency provides…

Banks are courting smaller companies with attractive lending arrangements as competition squeezes earnings from retail loans, but the new effort…


Islamic Development Bank to boost trade finance

The Islamic Development Bank (IDB) will boost its trade finance role, particularly for the private sector entities, to contribute more…


Factoring industry salaries stay flat in 2005

Salaries for the receivables finance industry in the UK have remained flat throughout the past twelve months, a pattern likely…


London Scottish Invoice Finance announces profits up 15%

London Scottish Bank yesterday announced a fall of almost 22 per cent in full-year profit. In the same period, profit…


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