BCR Latest News

Lloyds TSB Commercial finance extends its team

Lloyds TSB Commercial Finance recently appointed Keith Bennett as business sector manager. Keith will be responsible for managing the direct…


CIT acquires assets of Receivables Capital Management, a division of…

CIT Group Inc., a leading provider of commercial and consumer finance solutions and SunTrust Banks, Inc. announced that CIT has…


Atradius and Tokio Marine announce co-operation agreement for Japanese export…

Atradius N.V. (Atradius) and The Tokio Marine & Nichido Fire Insurance Co., Ltd (TMNF) announced their intention to engage in…


Alliance Trade Finance increases pre-tax profit fivefold in 2003-04

Alliance Trade Finance Limited, the London-based transaction-based finance provider, has announced a pre-tax profit of Ј267,383 for the year to…


Experian boosts its business information services in Northern Ireland

Experian, the global information solutions company, today announced that First Credit Information, a credit reporting distribution business based in Bangor,…


New insolvency regulations – Hammonds report

A number of new insolvency regulations came into force on 1 April 2005. They are: The Insolvency (Amendment) Rules 2005.…


Raiffeisenbank starts lending to small businesses

ZAO Raiffeisenbank Austria launched its small business lending programme on 5 April, the bank said in a press release. The…


Pakistan's Habib Bank gets US$20m credit from IDB

Habib Bank Ltd. and the Islamic Development Bank have signed an agreement by way of which IDB will offer a…


Greece announces new financial supports to SMEs

Greek Development Minister Dimitris Sioufas launched a programme offering financial support to investment plans by small- and medium-sized enterprises (SMEs)…


Coface looks to boost market share despite lower ROE

The Chilean subsidiary of French credit insurer Coface aims to boost its market share this year though it does not…


Atradius 2004 profits drop 22% on higher reserve provisions

Mexico's largest credit insurer Atradius Mйxico said its profits fell 22% in 2004 because of higher reserve provisions. Profits of…


Euler Hermes ACI issues 2005 commodities forecast; high prices for…

Credit insurer Euler Hermes ACI today issued its 2005 commodities forecast and summary of the worldwide economic situation, explaining why…


Factors Chain International released today the much awaited figures for…

Fresh statistics indicate that the total volume for factoring increased in 2004 by 13%, measured in euros, or even 22%,…


HSBC eyes Rp450bn credit for small- and medium-sized enterprises this…

HSBC Indonesia plans to increase its loans to small- and medium-sized enterprises (SMEs) to as much as Rp 450 billion…


Coface UK champions business success

Coface UK, a leading provider of credit solutions for business, is championing the success of UK companies to promote local…


CapitalSource provides US$95m asset-based loan to SETECH

CapitalSource announced that it has provided a US$95m revolving credit facility to SETECH, an integrated supply and inventory management services…


UK service sector recorded sharper growth of activity and new…

Expansion of the UK private sector services economy was sustained in March. Latest CIPS/NTC Research data indicated growth of business…


EU accession seen tricky for SMEs

Ovidiu Nicolescu, president of the National Council for Private Small- and Medium-Sized Enterprises, said 20-25 per cent of Romanian SMEs…


Metro government's new lender to small firms starts up

The unique bank established by the Tokyo Metropolitan Government provides swift financing to cash-strapped small- and medium-sized enterprises (SMEs). The…


Bangladesh Bank fund for SMEs getting good response

Bangladesh Bank (BB) is receiving encouraging response both from financial institutions and donors to its small business refinancing fund introduced…


Expansion of UK manufacturing economy maintained in March, leading to…

The rate of overall growth in the UK manufacturing sector improved slightly in March, after easing to the weakest in…


British firms are among the slowest payers in Europe says…

British businesses are some of slowest payers in Europe, taking on average 50 to 55 days to settle their bills,…


Skipton Business Finance moves to Leeds

Skipton Business Finance has opened its new regional sales office in Leeds city centre to support its ambitious growth plans…


SFS establishes own leasing company in China

Siemens Financial Services (SFS) is expanding its financing business into the Chinese market. The company announced the launch of a…


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