BCR Latest News

The Better Payment Practice Group research reveals that 42% of…

Research by the Better Payment Practice Group (BPPG), has found that two fifths of businesses are risking bad debts by…


HSBC strengthens its structured trade finance business in Asia Pacific…

The Hongkong and Shanghai Banking Corporation Limited has appointed Bruno Lechevalier as head of structured trade finance Asia-Pacific, with effect…


Banque Sanpaolo to join SME banking group and change name

The supervisory board of French bank Banque Sanpaolo is discussing the bank's strategy for the period between now and 2007.…


SULONG loans target set at P310bn in 5 years

The government is targetting a total of P310bn (US$5.7bn) allocation up to 2010 under the SME Unified Lending Program for…


Loan guarantee organisation offers platform for coordinating loans to small…

Colombian loan guarantee organisation Fondo de Garantнas de Antioquia (FGA) has invited all the country's banks and chambers of commerce…


Small business support maintained through year

The British Bankers’ Association’s (BBA) monitoring of activities of the main banks involved in the SME market provides the following…


Micro-credits more accessible for SME

A normative act that will facilitate access of small- and medium-sized enterprises (SMEs) to micro-credits has been adopted last week…


Magnus LLC to finance foreign trade

Through its Romanian representative office, American-based financial holding Magnus LLC has launched a US$50m loan programme for Romanian companies that…


BNR cut the intervention rate to 12.5%

The administration board of BNR (National Bank of Romania) has decided to reduce, by two percentage points, the intervention interest…


Siam Commercial Bank to launch factoring services

Siam Commercial Bank yesterday announced that it would set up a new business unit to offer factoring services to small…


Atradius boosts its collections service

A global leader in credit insurance and credit management, Atradius NV, is boosting its collections service, with the appointment of…


New loans for SMEs from TOBB

The Turkish Union of Chambers and Commodities Exchanges (TOBB) has announced it will lend YTL 100m (Ђ55m) to small- and…


China central bank will not set up policy banks for…

The central bank will not set up new policy banks to lend to small- and medium-sized enterprises (SME) and commercial…


Latest country risk trend report from Coface

The world* country risk index has been stable at a generally low level. For industrialised countries, the gap has persisted…


Ho Chi Minh City to set up credit insurance fund…

Vietnam's largest city plans to set up a credit insurance fund for its small- and medium-sized enterprises (SMEs) with a…


Bibby Financial Services leaders appointed to head industry associations in…

The Bibby Financial Services Group has been awarded a double accolade by being appointed to head up leading industry associations…


Mitsui Sumitomo Insurance makes inroads into credit insurance market

Mitsui Sumitomo Insurance Bhd expects to underwrite between RM1 million and RM3 million worth of premiums for its credit insurance…


Industry Environment 02/03

INTRODUCTION In 2002 the UK factoring industry continued to grow at an impressive rate despite an atmosphere of stuttering business…


Exim Bank extends US$5m credit line to African bank

The Export Import Bank of India (Exim Bank) has extended US$5m line of Credit (LOC) to Eastern and Southern African…


R320m boost for young entrepreneurs' fund

Access to funding for youth has been given a major boost with the commitment by First National Bank (FNB) of…


Malaysia's bank for SMEs to start operations in October

A bank for small- and medium-sized enterprises (SMEs) will start operations in October Deputy Prime Minister Najib Abdul Razak said.…


UK business confidence rises

Four out of ten business owners in the UK (40%) feel more confident about the economic prospects in the next…


Grupo Security seeks 20% profit growth on factoring investment

Chilean financial services group Grupo Security looks to up profits 20% this year on the back of a 5bn peso…


Coface UK Receivables Finance has become the latest member of…

Coface UK Receivables Finance, part of Coface UK, a leading provider of credit solutions for business, has become the latest…


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