BCR Latest News

Transcapitalbank and Credit Bank of Moscow borrow US$20m for on-lending…

The European Bank for Reconstruction and Development (EBRD), lent US$20m to two Moscow-based banks to allow their small- and medium-sized…


Hungarian companies debt defaults balloon

The payment discipline of Hungarian companies is quickly deteriorating, with former late payers becoming non-payers (more…)


Interfin signs US$22m syndicated loan to target SMEs

Costa Rica's fourth-largest bank Banco Interfin has signed a US$22m syndicated loan with (more…)


GC Financial Services US$5 million all debt financing deal coupled…

The all-debt deal is coupled with a factoring agreement that allows (more…)


SME sentiment indicator upswing continues in June – BPLG/AFP

The BPLG/AFP indicator* of sentiment in the French SME sector rose to (more…)


China and US launch new international partner network

The US- China International Partner Network will foster a new relationship between US and Chinese small- and medium-sized companies (SMEs)…


Bank Islam to increase SME financing

Bank Islam Malaysia Bhd (BIMB) expects to increase its annual financing to small- and medium-scale enterprises (SMEs) substantially following its…


Ex-Im Bank offers 15-year repayment terms to support US renewable…

The Export-Import Bank of the United States (Ex-Im Bank) is now offering export financing on repayment terms of up to…


Euler Hermes predicts a fall in worldwide business failures in…

The acceleration of world growth in 2004 has led to a 5% fall in the global index. However, the economic…


5th SME Development Fund opens for applications

The Trade Industry Department has announced that applications for the fifth round of the Small and Medium Enterprise Development Fund…


Canbank Factors’ volume up 24.83%

Canbank Factors Limited, a subsidiary of Canara Bank, has posted 24.83 per cent growth in factoring volume at (more…)


Nafinsa plans to provide ‘unlimited’ factoring resources to exporters

Mexican development bank Nacional Financiera (Nafinsa) will expand its factoring operations to Mexican firms exporting to (more…)


Programme aimed at building relationship between SMEs and banks

At a meeting organised by the For-Jordan Programme, representatives of both SMEs and banks identified the obstacles hindering the flow…


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…


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