BCR Latest News

Turnover almost doubles as Ultimate lifts off

Factoring firm Ultimate Finance promised further growth after clocking up 79 per cent sales increase in the second half of…


Credit and political risk insurance broker takes Ј1m risk and…

A Glasgow-headquartered credit and political risk insurance broker has bought an English rival to become the largest non-quoted credit and…


IMEX awarded SWIFT Ready status for 7th consecutive year

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, today announced that…


External commercial borrowing market offers factoring services

Banks and financial institutions are tapping the external commercial borrowing (ECB) market for raising short-term funds even though the government…


Bancolombia to maintain SME lending strategy post-merger

Colombia's largest bank Bancolombia will continue with its strategy of product segmentation and increased small- and medium-sized enterprise (SME) lending…


World trade growth should remain high in 2005 and 2006…

Although a simultaneous slowing in US and China imports is expected, world trade growth over the next two years should…


OCBC loans for SMEs to increase by 25% this year

OCBC Bank (M) Bhd expects to approve RM5 bn in loans for small- and medium-sized enterprises (SMEs) this year, up…


Micro loans up 194% at the end of February

Venezuela's financial system reported bolнvares 799bn (US$372m) in micro lending at the end of February this year, a 194% jump…


BOV offers financing support packages to SMEs

Bank of Valletta is offering its support to small- and medium-sized enterprises (SMEs) to facilitate the tapping of new business…


Experian extends its anti-money laundering solutions into Latin America

Experian, the global information solutions company, has announced that it has signed contracts to install its anti-money laundering and regulatory…


‘Reckless’ directors in bogus invoice case to pay back Ђ150k…

Two directors who recklessly presided over the Ђ6 million collapse of Doherty Advertising will each pay back just Ђ150,000 under…


Turnaround specialist launches service for invoice finance providers

Corporate Strategies, the national turnaround specialist, has launched a new service dedicated to working with invoice finance providers to deliver…


Major banks losing trade finance market share

Three of Australia's four major banks are losing market share in trade finance services for small- and medium-sized enterprises (SMEs),…


Siam General Factoring merger plan tipped to have collapsed

A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed. A source said the deal's collapse…


Intesa Mediofactoring profit 2004 increased by 70%

The Board of Administration of Intesa Mediofactoring, the factoring company of Intesa group, analysed and approved the project of balance…


Basel II reforms will have “positive effect on SME financing”

Politicians and financiers agreed on the importance of readily providing capital to small- and medium-sized enterprises (SMEs) and bemoaned the…


EC-funded project to boost SME development

The European Commission-financed Small and Medium Enterprise Development Fund (SMEDF) project in support of Vietnam’s small business was officially launched…


Exports hit US$6.7bn in first quarter

Vietnam’s exports remained strong in the first quarter of this year, according to official figures. In the first three months,…


Standard chartered targets SME loan growth

Standard Chartered Bank Malaysia Bhd expects a 30-to 40 per cent growth in loans to small- and medium-sized enterprises (SMEs)…


US EXIM Bank opens window for Pakistan

The Export Import Bank of the United States (EX-IM Bank) announced that it has opened for short- and medium-term programmes…


BIM aims to boost middle market lending 40%

Brazilian bank Banco Indusval Multistock (BIM) aims to boost lending to medium-sized enterprises by 40% this year to reais 350m…


Vneshtorgbank operations reach Ђ500m

Vneshtorgbank's total amount of operations, covered by export insurance agencies, has increased six times in the past three years and…


Bibby launches new confidential service

In a drive to expand the breadth of its product portfolio and to meet the growing needs of UK businesses,…


Basel reform will offer greater opportunity in providing flexible loan…

Politicians and financiers yesterday agreed on the importance of readily providing capital to small- and medium-sized enterprises (SMEs) and bemoaned…


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