BCR Latest News

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…


Government to provide subsidies on SME’s environmental project loans

The government is offering to subsidise some of the interest payments on loans small- and medium-sized enterprises (SMEs) take out…


Exim sues Citibank for Daewoo Debt Guarantee

The Export-Import (Exim) Bank of Korea said it has filed a lawsuit against Citibank Korea, claiming damages totalling (more…)


Manufacturing confidence fragile, despite boost from overseas – CBI

Manufacturers have reported a fall in new orders for the third successive quarter, although the decline was less severe than…


Hong Kong exports’ strong growth H1 to slow in H2…

Hong Kong exports, which recorded strong growth in the first six months of the year, are likely to see a…


Capstone Business Credit signs US$3.6 million factoring and purchase order…

Capstone Business Credit announced the signing of a two-year project financing agreement with an importer, exporter and distributor of fine…


BoM plans to raise stake in Global Trade Finance

Bank of Maharashtra (BoM) is planning to increase its stake in Global Trade Finance (GTF), which is primarily engaged in…


Small business lobby groups want new SEC chairman to reform…

Two small-business leadership groups are rallying the nation's 5,000 publicly-traded microcap companies to lobby for reform of SEC Rule 504…


Clal Finance launches alternative to business credit banking

Clal Finance, a subsidiary of Clal Insurance, has launched a business credit service provider to compete against banks by offering…


Orbian Corp. names new board members

Orbian Corp., a leading supply- chain finance company offering receivables finance, announced that (more…)


SMEs keen to get more EU aid

Lithuanian small- and medium-sized enterprises (SMEs) say they still lack EU aid, even through officials claim that (more…)


SMEs wary of bank borrowing

Small- and medium-sized enterprises (SMEs) rarely turn to banks for credit due to the businesses low rates of (more…)


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