BCR Latest News

BankMuscat launches SME programme lending solutions suite

Its comprehensive suite of programme lending solutions for the SME sector, will, in time, replace the (more…)


HSBC “the leader in regional trade finance” Asia Pacific in…

The Hongkong and Shanghai Banking Corporation (HSBC) continued to demonstrate its leading position in regional trade finance in 2005 by…


Government improves terms for SME loan programme

Small businesses are being offered better terms under the state-sponsored (more…)


Bibby Financial Services appoints new Business Development Manager

Bibby Financial Services, a global provider of business cash flow solutions has announced a new (more…)


“Factoring services yet to pick up in India” – Canbank…

According to G R Seshadri, managing director, Canbank Factors Limited, Bangalore (more…)


FDI regulations for the finance industry

The government has committed itself to deciding on proposed FDI projects within 30 days, but foreign investors still complain that…


“Tis season for fraud” – convicted securities fraudster continued scam…

Noting that scam artists are at work 24-7 and don't take the holidays off, Giani and Wayne Klein, director of…


SME credit guarantor proposes backing factoring and leasing activities

A guarantor of credit to SMEs will expand its activities to include guarantees on factoring and leasing transactions as well…


Organisational and management changes at Fortis General Secretariat

Fortis general secretary, has proposed to the chairman and the CEO to amend (more…)


Fortis to increase focus on sustainable development and social responsibility

Fortis regards a further improvement of its performance in the area of (more…)


EBRD takes stake in private bank, lends US$2.5m for SME…

The European Bank for Reconstruction and Development (EBRD) is taking a US$900,000 stake in (more…)


Atradius comments on new EU Accounting Directive amendments

The European Parliament has passed strengthened accounting rules to increase transparency and to avoid some of the pitfalls of the…


Financial controller faces invoice discounting irregularities tribunal

The complaint relates to irregularities in the operation of an invoice discounting facility at (more…)


The importance of understanding your client's business by Martin Risman

Ask the Managing Director of an SME business these days if he’s content with his financing arrangements, and the answer…


Factoring, the Law & CRM by Maitland Kalton

Historically, contract law has focused on protection against potential liability in a system that may be argued to be inherently…


Report on AIM listed Davenham Group

By Andrew Griffiths, managing editor of the Aim & Ofex Newsletter Davenham is a money lender created from a management…


Bibby Financial Services strengthens its Scottish offer

After six highly successful years in Scotland, Bibby Financial Services has further extended its range of products by introducing (more…)


Immelt's GE likely to go on European spree

Georg Knoth, the head of the General Electric's German unitsays that GE is likely to make acquisitions in financial services…


Accounts receivable fraudster to pay US$145m and serve 20 years…

A man who continued to offer bogus investments in accounts receivable factoring after being ordered to stop by a federal…


Trade credit insurer sees scope for more business in the…

In the UK only 10,000 companies take out credit insurance, at a time when (more…)


Coface reaps the benefits of its Chinese linkup

Two years on from a landmark deal in China, trade credit insurer Coface is delighted with (more…)


Head of asset-based lending group to retire

Wells Fargo Co. has announced that the head of its asset-based lending group, plans to retire at the end of…


Banca Comerciala Romana takes new loan to fund SME finance

Banca Comerciala Romana (BCR) has taken a loan from the World Bank s investment arm and plans to use the funds to…


New US$10m SME fund model announced

An innovative SME fund model that integrates the provision of business development assistance and finance will target (more…)


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