BCR Latest News

Atradius sees growth ahead on credit insurance market

Hungary's credit insurance and receivables management market is worth about HUF 2.5bn, but should grow significantly, as Hungarian companies do…


Optimism still high among small businesses

Confidence remains high among small UK businesses, but owner-managers are generally less optimistic than a year ago and the number…


Small Business Corporation and thrift banks to boost lending to…

The government-owned Small Business Corporation (SBC) and private thrift banks have pledged to help push forward economic activities in the…


GMAC Commercial Finance and I/OMagic close credit facility

I/OMagic Corporation, a provider of data storage and digital entertainment products, announced that it has obtained a US$10 million credit…


EXIM lends US$18m to Swiss shipping firm

The Export-Import Bank of Korea said it has signed a contract with a Swiss shipping company to lend US$188 million…


Michelin supporting SMEs

The Hungarian units of Europe's biggest tyre maker, Michelin, has started up the Economical Development Kht fund with the aim…


Credit insurer aims for sales of US$4.8m in 2005

Colombian credit insurer Segurexpo expects to close 2005 with sales of pesos 11.4bn (US$4.8m) commercial manager Josй David Lamk said.…


Surecomp Business Solutions moves to new UK location

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


Bibby Financial Services expands overseas presence

Bibby Financial Services is further expanding its overseas operations with the launch of a new sales office in Ireland and…


Bibby Financial Services heads across the channel

Bibby Financial Services is further expanding its European operations and has launched a new company in France. The opening on…


Management buy-out at timber firm

A timber importer in Wisbech plans to build a hi-tech operation after a management buyout financed by Lloyds TSB's Corporate…


Credit line to boost lending for Georgian SMEs

The Bank of Georgia has signed a US$4.5m credit guarantee agreement with KfW, the German development bank. According to the…


HBL lends Rs50m to SME sector

President Habib Bank Ltd (HBL) Zakir Mahmood has said that the bank lent Rs50 bn so far to SME sector…


Small firms to get Sh4bn credit from World Bank

An estimated 22,000 small- and medium- sized enterprises (SMEs) in Kenya will benefit from Sh4bn credit from the World Bank.…


Banks bad loan ratio falls

Commercial banks have reduced bad loan ratios as they strengthened credit analyses and cut loans to borrowers with low credit…


Alliance & Leicester Commercial Bank opens new business centre

Alliance & Leicester Commercial Bank opened its new business centre yesterday, in Manchester. The Business Centre, based at 298 Deansgate,…


Netherford Factors announces increased factoring income in 2003-04

London-based Netherford Factors Ltd has announced an increase in factoring income of 6% for the year to 30 June 2004.…


Lakeland Bank establishes asset-based lending department

Roger Bosma, president and chief executive officer of Lakeland Bank is pleased to announce that the bank has established within…


Transunion credit bureau in start-up phase

US-based credit bureau Transunion's operations in Nicaragua are in the start up phase with final regulatory approval expected shortly, Transunion…


D.S. Factoring reports record revenues in 2004

D.S. Factoring, the receivables administration specialist, has announced increased revenues totalling CZK1.4 bn (Ђ47m) in 2004, a year-on-year increase of…


Canadian agency grants Pearl 2 project funds to Philippines exporters…

The Canadian International Development Agency (CIDA) will grant P9.5 million (US$175,000) to the Philippines to promote small- and medium-sized enterprises…


Euler Hermes acquires full ownership of Belgian unit

French credit insurance group Euler Hermes (EH) has bought the remaining 30 per cent stake in its Belgian unit, Euler…


State Bank approves financing for export oriented projects

Qasim Nawaz, joint director of State Bank of Pakistan said the modalities of long term financing for export-oriented projects at…


ADB, USAID raise assistance for micro financing

The Asian Development Bank (ADB) and the United States Agency for International Development (USAID) have doubled their financial assistance and…


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