BCR Latest News

Korea Eximbank loan to Alfa Bank increased to US$80m

Alfa Bank has signed an agreement with The Export-Import Bank of Korea on increasing a loan Alfa Bank received in…


P3-B fund to support SMEs in 2006

Available funding worth P1 to P3 bn will support the small- and medium-sized enterprises (SME) sector next year. SMEs comprise…


Achef sees factoring growing 20-25% annually

The Chilean factoring industry expects business volume to grow 20-25% annually for at least the next two years due to…


Catalana Occidente ups Atradius stake

Spanish insurers Catalana Occidente and Credito y Caucion have jointly invested EUR245.44 m to buy a 25.02 per cent stake…


Euler Hermes enters the Turkish credit insurance market

Euler Hermes, the world s leading credit insurer and member of the Allianz group, has signed a cooperation agreement with…


Credit rating agency assigns A1+ rating to GTF debt programme

The ratings are based on the strength and commitment of GTF's (more…)


SME bankruptcy figures tumble in 2005

The number of insolvent companies decreased sharply this year on strengthened efforts to improve their financial structures (more…)


Banex factoring portfolio increases 66% in 2005

Banex has expanded its SME factoring portfolio this year to ARS (more…)


Banca Comerciala Romana privatisation deal announced

The Privatisation Commission has announced the winner of the race for the acquisition of Banca Comerciala Romana (more…)


Deutsche Bank sells stake in Atradius

Deutsche Bank AG said it is selling a stake in Dutch credit insurance group Atradius NV to (more…)


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…


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