BCR Latest News

Factoring companies to enter Czech Leasing and Financial Association

Members of Czech Factoring Association that combines the biggest factoring companies offering factoring services decided to enter the Czech Leasing…


Bancoldex lending up 79% Q1 2005

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancoldex) issued loans worth 565bn pesos (US$243m) in the…


IFC to provide US$40m loan to bank for SME lending…

The International Finance Corporation (IFC) announced it would provide a US$40m seven-year loan facility to Argentine bank Banco Galicia.  The…


Risk quality deteriorates amid a less favourable market outlook in…

The quality of sectoral risks has deteriorated moderately amid a less favourable market outlook, persistence of severe raw material and…


High-flying deal specialist joins Enterprise Finance Europe

Enterprise Finance Europe (EFE), one of the UK’s leading asset-based lenders, has recruited an economics graduate from Cambridge University to…


Lloyds TSB Commercial Finance funds MBO and acquisition of French…

United Agri Products Limited (UAP), a leading supplier and distributor of agrochemicals to farmers and growers across the UK has…


Coface to sell export credit insurance in Japan

French credit insurance group Coface has announced that it plans to begin selling export credit insurance in Japan, (more…)


Sidbi ties up with global bodies for revamping SMEs

The Small Industries Development Bank of India (Sidbi) has finalised an agreement with two European development agencies - DFID of…


Government lowers SSI export obligation

In order to enhance the competitiveness of the Small Scale Industries (SSI) engaged in exports, the Central government has lowered…


Bp Bank offers new credit products for SMEs

Budapest Bank Rt's (Bp Bank’s) corporate division announced the introduction of new products targeted at small businesses with annual revenue…


UniCredit purchases stake in Yapi Kredi

UniCredit Group said it had reached a definitive agreement for the acquisition of a 57.42 per cent stake in Yapi…


Bulgarian government hires foreign factoring company to recover debts

The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts…


Romanian Bank for Development nets profits from domestic factoring operations

Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…


Ireland needs a shake up in credit management

Ireland’s need to come out of the dark ages was what emerged yesterday at the Irish Institute of Credit Management’s…


Enterprise Finance Europe support expansion of MMF Group

Enterprise Finance Europe has provided asset-based funding for the Smethwick based MMF Group, which will allow MMF to expand further. …


FDA Announces 2004 Award Winners at Annual Dinner

This year’s themed Annual FDA Dinner was held at Excel in Docklands last Thursday and proved to be an immensely…


Maybank sees big growth in SME loans

Maybank has struck an alliance with Global Information Technology provider’s Intel to offer SME’s two forms of financing.  Currently SME…


Late payments cost transport and communication businesses 46,440 hours every…

The business services sector remains one of the worst hit for late payments, according to independent research carried out by…


Standard Chartered Bank launch new products for SME banking

Standard Chartered Bank (SCB), last week, unveiled two new business products tailored to SME’s, at the Uganda Manufacturers Association Conference. …


Parex Bank seizes leasing opportunities in CIS countries

The Latvian bank Parex plans to exploit leasing opportunities in the transport sector by targeting the Commonwealth of Independent States. …


Hansabankas report 55% growth in leasing services

The Hansabankas Group has seen its leasing contracts grow by 55% from the same period last year to LTL 338.4m…


Ђ2.5m credit line for SME’s granted by Siauliu Bankas

The Lithuanian Bank Siauliu Bankas and the Council of Europe Development Bank (CEB) have signed an agreement for a €2.5m…


Competitiveness Innovation Programme pledges Ј4.21 billion funding for SME’s

EU research and Industry Ministers have welcomed The European Commission’s proposal for a new ‘Competitiveness and Innovation Programme’, at a…


The joint stock Asia Commercial Bank (ACB) launches factoring services.

On May 11 ACB launched its factoring and 'Call Center 24/7' services. ACB is one of the leading joint stock…


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