BCR Latest News

SBC to lend US$35m to MSMEs in South Mindanao province

The state-run Small Business Guarantee Corporation (SBC) will release a loan fund of over P2-billion  to micro, small- and medium-sized…


ADB to provide US$50m for uplift of SMEs

Inaugurating a seven-day training programme on small entrepreneurship development, Industries Minister Matiur Rahman Nizami said small- and medium-sized enterprises (SMEs)…


PPF sells CP Leasing to Credit Agricole's Sofinco

The PPF financial group has sold its CP Leasing subsidiary to (more…)


Enesco announces amendment to Fleet National Bank and LaSalle Bank…

Enesco Group, a manufacturer of giftware, announced an eighth amendment to its current US credit facility with Fleet National Bank…


BoE interest rates announcement

Economists said the monetary policy committee, which made its announcement about two hours after the London bomb blasts (more…)


NCO Group to acquire assets of bankrupt accounts receivables management…

NCO Group and Risk Management Alternatives have announced that they have entered into a definitive agreement whereby NCO will acquire…


Coface unit sees premium growth slowing in 2005

The Chilean subsidiary of French insurer Coface has seen premium growth slowing down this year to (more…)


BoI revamps business structure

Bank of India (BoI), India s largest public sector bank, has restructured its business and created (more…)


Intesa-SACE link up to provide unsecured SME finance

Banca Intesa and SACE have signed an agreement for Intesa Export to allow Italian exporters to have access to unsecured…


IEA Conference challenges banks on needs of SMEs

The Institute of Economic Affairs 4th Annual Conference, held at the Meridien, Piccadilly in London on the 30 June played…


Credit Guarantee Corp repositions to become SME credit enhancer

Credit Guarantee Corp Bhd (CGC) has positioned itself into what it calls a credit enhancer to assist small- and medium-sized…


Fortis tipped to seek acquisitions in Germany, sees ‘great opportunities’…

Fortis NV may seek acquisitions in Germany as it pursues its goal of earning 30 per cent of its revenues…


LaSalle Retail Finance ABL provides US$10 million working capital revolver

LaSalle Business Credit's retail asset-based lending division, LaSalle Retail Finance, has provided a US$10 million revolving line of credit to…


NLB group consolidates regional presence with Continental banka takeover

The Serbian Minister of Finance Mladan Dzinkic and the director of the Agency for deposit security, rehabilitation, bankruptcy and liquidation…


Business optimism amongst SMEs hits lowest levels since 2003 –…

Optimism amongst Britain s three million small- to medium-sized enterprises (SMEs) has dropped to its lowest levels since 2003, according…


SBP outlines criteria for recognition of assessment institutions for Basel…

The State Bank of Pakistan has outlined the eligibility criteria for recognition of External Credit Assessment Institutions (ECAIs), or rating…


SMEs stand to gain from ASEAN-China free trade pact

More goods will enjoy preferential tariff rates under the ASEAN-China free trade pact later this month and small- and medium-sized…


Antares Capital new asset-based lending product line attracts new clients

Chicago-based Antares Capital recently announced the closing of two asset-based financings. The company was the co-lead arranger and syndication agent…


Olympic win is fabulous news for UK business – CBI

Reacting to the news that London has won its bid for the Olympic Games, CBI director-general Sir Digby Jones -…


Surecomp relocates Latin American development centre

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the wholesale banking industry, announced today the relocation…


Practical aspects of Islamic asset securitisation

In an internationally globalised financial world, Islamic finance has made headway and continues to expand within a global context. Of…


IFC to lend Banorte US$50m for industrial and service sector…

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will lend US$50m to Mexico's fourth-largest…


Sinosure signs cooperation agreement to boost leading electronics firm’s exports

China Export Credit Insurance Company (Sinosure) signed a framework co-operation agreement with (more…)


Accountancy, financial services and IT sectors gain from Sarbanes-Oxley and…

A group, which, along with other recruitment agencies, is viewed as an indicator of the health of industry sectors, has…


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