BCR Latest News

Bancoldex to boost micro and SME lending by 16%

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancóldex) aims to boost lending to small- and medium-sized…


Central Bank interest rate decision announced

Following its evaluation of the latest economic developments, the Central Bank (CB) has decided to reduce interest rates for the…


Bill seeks to extend progressive credit facilities to SMEs

The government today introduced the Small and Medium Enterprises Development Bill, 2005, in the Lok Sabha, seeking to enhance the…


EXIM Bank sees rise in Q1 net profit

The Export-Import Bank of Thailand (EXIM Bank) announced yesterday that its net profit in the first quarter 2005 rose 8.5…


Denizbank announces SME lending surge of 147% in Q1

Denizbank, Zorlu Group's financial arm, has posted net earnings of TRL72 million for the first quarter of the year. The bank's…


GMAC Commercial Finance announces a US$60 million agented credit facility…

The Retail Finance Group of GMAC Commercial Finance (GMAC CF) announces the arrangement and closing of a US$60 million agented…


EFIC and Westpac explore new working capital product for SME…

The Minister for Trade, Mark Vaile, has welcomed the establishment of an alliance between the Export Finance and Insurance Corporation…


Survey notes small businesses are like large corporations when it…

Small business owners' attitudes and opinions toward cash management and cash flow indicates a desire for greater efficiency throughout the…


Oseo SME financing totalled 7.5bn euros in 2004

Oseo, the holding group for France's bank for the development of small- and medium-sized enterprises (SMEs), BDPME and its national…


Hong Kong ranks number two for competitiveness behind USA

According to the HK Commercial Daily, a report to be released by the Swiss IMD on global competitiveness in 2005…


Manufacturers' orders and confidence fall in most regions – Regional…

Most UK regions saw new manufacturing orders fall markedly in recent months, with manufacturers in large parts of the country…


Euler Hermes Q1 turnover up

Euler Hermes, the French credit insurance company, saw its turnover rise by 7.2 per cent, to €478m, in the first…


Factoring group to acquire Eurofactor

Transfact, the factoring division of French banking group Credit Agricole, will incorporate sister company Eurofactor on 1 October, with the…


CSOB’s Q1 profit drops

Net profit of CSOB bank branch in Slovakia dropped to Skk 44.7m (€1.15m) in 1Q, a decrease of Skk171m compared…


Three banks control 95% of micro credit industry

Three Chilean banks - BancoEstado, Banco del Desarrollo and Santander Santiago dominate the local micro credit industry with some 95%…


Discount your debt and grow your business

Educating accountants on the boom in debtor finance in Australia Australia has been slow to catch on to the benefits of…


GM looks to protect GMAC’s credit rating

General Motors is exploring ways to separate its own battered credit rating from that of General Motors Acceptance Corporation (GMAC),…


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…


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