BCR Latest News

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…


Weakening currency welcomed by SMEs

Small- and medium-sized enterprises (SMEs) welcomed the weakening of the New Taiwan dollar because it will make their exports more…


Sidbi Act amendment seeks to provide working capital to SMEs

An amendment to the Small Industries Development Bank of India (Sidbi) Act will be placed before Parliament in the next…


Important changes to the FDA Diploma structure

The FDA would like to draw attention to the material changes being implemented by the ifs (more…)


Factoring profile rising among entrepreneurs

Last year factoring companies in Slovakia complained about the lack of awareness of their product among entrepreneurs. A year on…


Capitalia to merge leasing and factoring divisions with Fineco leasing

Capitalia SpA said its board approved plans to merge with the group's asset management unit and to buy out minorities…


Cushnie ordered to pay back Ј10m to Versailles investors

The former chairman of Versailles, who is one year into his sentence, was yesterday ordered to pay the compensation to…


Bank of Ireland Finance appoints new MD

He will have specific responsibility for consolidating Bank of Ireland's number one position in the Asset and Commercial Finance markets…


Domestic trade insurance market redefined with help from the World…

Tanzania is the first country in Africa to benefit from the World Bank programme on trade finance clinics targeting small-…


Commerzbank to launch new ABS product

The first platform to securitise borrower notes for small- and medium-sized companies (SMEs) in Germany is being launched (more…)


China Exim Bank and Thailand’s SCB agreement to facilitate trade…

A recent co-operative agreement between SCB and the Export-Import Bank of China could help facilitate trade and investment ties (more…)


5 countries account for 83% of unpaid Spanish exports –…

Spanish export credit insurance company (CESCE) says that just five countries account for 83 per cent of unpaid debts for Spanish…


IDB approves US$116,835,000 loan to Costa Rica

A US$116,835,000 loan from the Inter-American Development Bank will support a programme to boost Costa Rica’s competitiveness by investing in…


SIDBI signs deal with UCO Bank

The Small Industries Development Bank of India (SIDBI) has started negotiations with KfW for a €40-million line of credit, which…


IFC partners with Malta’s FIM Bank

The International Finance Corporation, the private sector arm of the World Bank Group, recently signed an agreement to provide FIMBank…


Thailand-based SCB moves to tighten Sino-Thai trade & investments

Siam Commercial Bank is moving forth to tighten relations in Sino-Thai trade and investment, as it will sign an agreement…


Fortis to acquire Dryden Wealth Management

Fortis and Prudential Financial, Inc. of the United States today signed an agreement under which Fortis will acquire 100% of…


Fortis Bank enters Hungary

Belgian Fortis Bank recently opened its first representation office in Budapest, Napi Gazdaság reported. Fortis plans to be active in…


10% profit tax for SMEs

Small- and medium- sized businesses (SMEs) would pay 10% instead of 16% profit tax on the first Ft 5m of…


‘One stop shop’ SME funding packages

Key points:State Securities introduces factoring for UK SME’s Expertise in plant hire, printing and transportation industries ‘One stop shop’ funding…


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