BCR Latest News

Receivables Finance International 2005 Conference report

In the plush Art Deco surroundings of the Hilton, Arc de Triomphe Hotel, Paris 139 delegates from 25 countries enjoyed…


Credit bureau launched to speed up SME loans

Small- and medium-sized enterprises (SMEs) will find it easier and faster to get loans with the launch of a central…


Disputable Kc40bn claim on CSOB sold to Slovak General Factoring

The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak…


UK start-ups reach new peak

Barclays today unveiled new figures showing that the number of start-ups during 2004 outstripped anything recorded since it began tracking…


Marquette partners to form Chicago lending firm

Marquette Financial Cos. announced that it has partnered with three Chicago lenders to form a leveraged lending firm that will…


S Korean smaller manufacturers eye better business in second quarter

Business confidence for small- and medium-sized enterprises (SMEs) in South Korea hit a three-year high for the coming quarter, a…


Barclays plans to grow services for SMEs in Spain

Barclays Bank Espana, the Spanish division of UK banking group Barclays, has revealed plans to expand services for small- and…


Caja Madrid targets SMEs

Leading Spanish savings bank Caja Madrid yesterday revealed details of an aggressive plan to increase its client base for small-…


SIDBI to get US$120m from World Bank

Small Industries Development Bank of India (SIDBI) is expecting US$120m from World Bank and another US$30m pound from UK-based Department…


Fortis Bank appoints Paul Peeters as Country Manager for Spain

Paul Peeters (53) holds a Master of Applied Economics degree from the Sint Ignatius University Faculty of Antwerp and a…


Segurexpo eyes internal credit insurance

Colombian credit insurer Segurexpo is planning an aggressive move into the domestic market, local paper La Repъblica reported. “The goal…


GE Capital US$2bn loan for GM facility

GE Capital, a unit of General Electric Co., has withdrawn a US$2bn loan facility for General Motors Corp. and its…


Micro Finance Bank gets award

Consultative Group to Assist the Poor (CGAP), a subsidiary of the World Bank has awarded the international ‘Honourable Mention’ 2004…


Corporate failures lowest in 15 years

A total of 260 small- and medium-sized enterprises (SMEs) nationwide went bankrupt in February, the lowest level in 15 years,…


ABS rising up Private Equity agenda says Demica

Growing demand for flexible post-LBO refinancing structures is fuelling take-up of trade receivables securitisation across Europe, confirms new research from…


Chinas automatic licensing system affect SMEs in steel sector

Nearly a thousand small- and medium-sized private steel enterprises that have just gone out of the macro-control shade in 2004…


Central bank lifts hard currency restrictions

The central bank (BNR) lifted restrictions on Romanian companies' hard currency acquisitions from 24 February 2005. Previously Romanian companies were…


Eximbank tackles currency exchange risk

Eximbank will launch foreign currency exchange risk operations in March to support exporters, bank president Mariana Diaconescu said last week.…


Ministry tells banks to give credit to SMEs

The Minister of Tourism, Trade and Industry Mr Daudi Migereko has urged financial institutions to extend credit to small- and…


Member of Parliament launches small business project

Member of Parliament for North West St James Dr Horace Chang launched a small business development project in his constituency.…


North China city supports small businesses

North China's Tianjin Municipality plans to adopt preferential policies to help set up 1,000 new small and medium-sized technological businesses…


Korea Development Bank to aid small firms

Korea Development Bank, the nation's largest state-owned lender to companies, said it will offer 5000bn won (US$5bn) in loans this…


Slovak Factoring Association has a new director

General meeting of Slovak Factoring Asociation (SFA) has elected a new director. Miroslav Bernat, general manager and head of board…


LTSBCF in Ј9m buyout for Leeds health staff companies

BUPA Healthcare Professionals, which includes BUPA Nursing, Strand Nurses, Montpellier Health Care and Professional Healthcare Services, has been bought from…


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