BCR Latest News

EIB and State Bank of Mauritius sign EUR20m Global Loan…

The European Investment Bank (EIB), the EU s long-term financing institution, is to lend €20m from its own resources for…


Forum to provide SMEs with finance and business strategy guidance

The Government is to establish an industry-driven forum to map out the best strategies for small- to medium-scale enterprises (SMEs)…


IBK establishes status as leading bank in financing small firms

The Industrial Bank of Korea (IBK) is committed to financing small- and medium-sized enterprises (SMEs) in the belief (more…)


Small firms 'crippled' by late payments – ISME

Small firms lobby group ISME said the situation was getting worse, even though there has been legislation in place (more…)


Techcombank announces new factoring service

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced yesterday that it will provide a factoring (more…)


Regional banks boosting unsecured loans to small businesses – report

Regional banks are sharply increasing unsecured lending to small- and medium-sized businesses (SMEs) in response to (more…)


SME acquires factoring business from Potential

SME Invoice Finance Limited (SME) has concluded the acquisition from Potential Finance Group PLC (Potential) of their factoring business, including…


IDB fund approves US$5m financing to promote factoring

The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit  to support a…


Restructuring professionals give thumbs down to Bankruptcy Code revisions

Just three months before enactment of the revised Bankruptcy Code, many corporate renewal professionals are still (more…)


Minsheng Bank blazes new trials for financing export SMEs

China Minsheng Banking Corp. and China Export Credit Insurance Corporation (Sinosure) have signed an agreement on cooperation in (more…)


Smaller firms pessimistic about August outlook – survey

South Korea's small- and medium-sized businesses (SMEs) are pessimistic about their business outlook for August, due to continued (more…)


Commerce Asset to merge commercial bank and finance unit

Commerce Asset-Holding Bhd (CAHB) has proposed the merger of its commercial banking business with the finance business of (more…)


Capital Reach to raise funds to complete factoring and leasing…

Capital Reach Holdings, the firm that took over Vanik Inc.'s leasing and factoring business, is scouting for (more…)


Bank of America to merge commercial and investment divisions

Bank of America (BoA) says it will combine its commercial and investment banking divisions in an effort to sell more…


HSBC and ministry sign US$92m small business financing agreement

Mexico's fourth-largest banking group HSBC Mexico has signed an agreement with the economy ministry to provide 987m pesos (US$92.3m) in…


Revised Doha offer would allow enhanced foreign equity limits for…

India has unveiled an ambitious market-opening offer in the banking, insurance and telecom services sectors at the World Trade Organization…


Foundation on track to hit US$25m annual SME loan target

The Albanian lending institution for small businesses, the Besa Foundation, intends to extend US$25 million (€20.7 million) in loans this…


Ted Ettershank talks to BCR’s Sandrine Lester on Lloyds TSB…

 Ted Ettershank joined Lloyds TSB Commercial Finance as managing director in 1988 and he has been involved in the factoring…


Experian reports UK businesses hit by big increase in insolvencies

There has been a sharp increase in the number of limited businesses going bust, according to the latest insolvency report…


New marketing and communication manager for Euler Hermes

Gabriella Budinszky has taken over as marketing and communication manager for Euler Hermes Magyar Hitelbiztosító (more…)


BCB to approve professional SME loans worth RM160m by year…

Bumiputra-Commerce Bank (BCB) aims to approve loans worth RM160 million under its special SME loan package, Fast Track PRO Finance,…


Bank Indonesia discusses regional loan insurance to aid SMEs

Speaking yesterday at a workshop on small- and medium-sized enterprise banking, Bank Indonesia (BI) deputy governor for banking Siti C.…


Banking regulator to promote loans to SMEs

China Banking Regulatory Commission (CBRC), the regulator of China's banking industry, will soon issue guidelines for banks to grant loans…


Accord announces second quarter and first half earnings

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


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