BCR Latest News

Debt-ridden SMEs get smarter with finance

An increasing number of small business owners are struggling to keep their businesses going in the face of mounting debt…


Global trade opportunities create payment challenges for UK exporters –…

UK exporters are increasingly choosing invoice finance to provide payment certainty and protection from buyer insolvency in foreign markets (more…)


Invoice finance advances grow to a Ј10 billion high

Figures released today by the Factors and Discounters Association (FDA) show that in the second quarter of 2005, advances to…


Crisil launches SME rating services for banks

Small- and medium-sized enterprises (SMEs) are expected to receive a boost as rating agencies launch (more…)


Santander Santiago seeks 25% factoring market share

Chile's largest bank, Banco Santander Santiago, expects to increase its share of the factoring market to 25% from (more…)


GE Commercial Finance provides funding for technology merger

Using a customised financial solution from GE Commercial Finance (more…)


Export leasing and factoring company signs loan guarantee agreement with…

CJSC's activity is focused on providing loans to small- and medium-sized enterprises (SMEs) and export leasing and factoring (more…)


Euler Hermes boosts trade credit insurance market

There are only a few companies in Latvia providing commercial credit insurance now analysts say (more…)


Idaho Department of Commerce and Labour joins Ex-Im Bank's City/State…

The Idaho Department of Commerce and Labour today signed a memorandum of understanding (MoU) with the Export-Import Bank of the…


Bank Indonesia raises interest rate

Indonesia's central bank raised interest rates sharply and the president promised (more…)


EBRD finances 4,000th trade facilitation transaction

The EBRD s Trade Facilitation Programme reached another benchmark last week: its 4,000th transaction (more…)


CII survey reveals positive shift in SME scenario

The business outlook survey of small- and medium-sized enterprises (SMEs), prepared by the Confederation of Indian Industry (CII), foresees a…


Indian Overseas Bank increases lending to SME

Indian Overseas Bank's loans to small- and medium-sized enterprises (SMEs) are likely to grow by (more…)


OB Heller Factoring appoints new commercial director

O.B. Heller, the Prague-based factor has announced the appointment of (more…)


Senate approves US$5m small business development fund

Puerto Rico's senate has approved legislation that will create a US$5m fund to provide loans to small businesses for (more…)


City Invoice Finance celebrates record growth

Manchester-based independent invoice finance house, City Invoice Finance, has announced record year end results with profits increasing by 36% to…


Chambers employ factoring companies

Chambers of Industry all over the country have been selling their debt to factoring companies due to (more…)


Only 30% of micro-sized businesses receive funding

According to Mibanco's president Oscar Rivera, only 30% of Peru's micro-sized enterprises receive financing from (more…)


Automating Sarbanes Oxley compliance seen as priority – Virsa/PwC survey

Senior finance executives say that automating compliance and control environments is a priority in year two of Sarbanes Oxley compliance,…


Provinces slow to start credit guarantee funds

Only three provinces have set up credit guarantee funds to provide financial support for small- and medium-sized enterprises (more…)


ADB promotes private lending to SMEs

Yesterday the Asian Development Bank (ADB) signed a loan of US$32.5 million and €2.5 million for Business Development Bank Limited…


Small business confidence rebounds

After three consecutive quarters of decline, small business confidence has rebounded, according to the (more…)


RDM Factors dips into loss

RDM Factors has reported a loss for the year to 31 December 2004 of (more…)


New law firm to focus on M&A, leasing, forfaiting and…

The former senior attorney at German law firm Gleiss Lutz, has founded a new law firm in Prague (more…)


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