BCR Latest News

Exim Bank Korea opens office in Dubai

The Export-Import Bank of Korea, the official export credit agency, launched its first office in the region on Monday by…


Top- level resignations at GMAC prompt urgent talks with American…

One of the UK’s most prominent factoring organisations, GMAC, is today, faced with the urgent task of replacing three of…


FDA research reveals SME Directors’ top business and personal worries

Research released today by the Factors and Discounters Association (FDA) reveals that being able to provide for retirement was the…


Experian expands its market leading fraud solutions business

Experian®, the global information solutions company, has strengthened its fraud solutions team with three new high profile appointments. Michael Fuller…


Venture Finance appoints new regional director Wales and West

Venture Finance today announced its continued expansion across the UK, with the appointment of Kelvin Thomas as regional director for…


Tariff removal tipped to save A$1.3bn in 5 years

Australian businesses are expected to save about A$1.3 billion over the next five years after the Federal Government abolished a…


Credit line for SMEs of Ft 25 bn

The Economy and Transport Ministry, the Hungarian Investment and Trade Development Kht (ITD Hungary) and the Hungarian Development Bank Rt…


Export association and Interseguros developed credit insurance product

Costa Rica's export association and insurance company Interseguros have developed a credit insurance product for exporters, covering up to 88…


SME organisations call on government to change small business tax

Smarter tax reforms and a more serious attempt at reducing red tape top the wish-list of small business owners ahead…


DCCI and Coface partnership to provide credit rating services in…

Dubai Chamber of Commerce & Industry (DCCI) is to provide the companies and establishments in Dubai with the Credit Rating…


ID theft costs UK businesses more than Ј50 million every…

UK businesses are being duped out of more than £50 million every year by organised criminals and fraudsters hijacking companies…


Nine new members joining FCI

During the April 2005 meeting of the FCI Executive Committee, nine new members were admitted, including two members from a…


New HSBC CEO in China

Richard Yorke, deputy chief executive China Business of The Hongkong and Shanghai Banking Corporation Limited (HSBC), has been appointed chief…


More than a third of SME’s seek extra financing

More than a third of small- to medium-sized (SMEs) businesses sought additional funding in the year to last August, Statistics…


BB&T Factors sets Atlanta team

Five veteran lenders have joined BB&T Factors to open a new office to offer domestic and international factoring services.  The…


2004: Business benefit from FDI of Sk313bn in 2004

Compared to 2003 there was a decrease in foreign direct investment (FDI) of Sk8.7bn (Ђ220m) to Slovakia. The majority of…


Bancolombia expands services to SMEs

Colombia's largest bank Bancolombia announced a new programme designed to provide consulting and support services to small- and medium-sized enterprises…


FNG leads to boost to SME lending

The Colombian loan guarantee fund Fondo Nacional de Garantнas (FNG) is playing a key role in boosting banks' lending to…


National Australia Bank Business Conditions Index down in March quarter

Deteriorating business conditions in Australia point to an economic slowdown that is likely to result in interest rates remaining on…


Finansbank seeks more funds to support SME and foreign trade…

Finansbank Romania will increase its loan resources for foreign trade and SMEs by Ђ10m from new subordinated and syndicated loans,…


Lloyds TSB Commercial Finance profits up by 10%

Lloyds TSB Commercial Finance has reported a profit of Ј57 million for 2004, a ten per cent growth on the…


Small businesses face tougher bankruptcy rules

The new federal bankruptcy law not only makes it harder for individuals to avoid repaying their debts, it also imposes…


Bulgaria to reduce VAT after 2007

Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new…


HNB base rate cut

Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.…


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