BCR Latest News

Netherlands Senior Experts to assess SME’s operations in Mindanao

Retired and semi-retired business experts from Netherlands are focusing their energy on Mindanao this year, where almost half of the…


Maybank aims for 14% growth in SME loans

Maybank aims to achieve 14 per cent loan growth for the small- and medium-sized enterprise (SME) sector this year, executive…


Fortis to acquire Turkey's seventh largest privately owned bank

Fortis and Disbank's majority shareholders - Dogan Group, Dogan family and two funds - yesterday signed an agreement by which…


Switzerland to provide US$100m in SME loans

The Swiss government signed a Memorandum of Understanding (MoU) with its Indonesian counterpart to facilitate access to credit for small-…


Atradius sticks to credit insurance growth forecast

Mexico's credit insurance market could expand by up to 25% this year as an increasing number of companies look to…


ADB acquires stakes of China's leading private credit guarantee firm…

The Asian Development Bank (ADB) signed a contract Friday with a Chinese firm to become a minority shareholder in China's…


Barclays to buy 51% in Fiat's Iveco Finance Holdings for…

Fiat SpA said that its commercial vehicle unit Iveco and Barclays PLC unit Barclays Asset and Sales Finance have reached…


Germany’s KFW earmarks preferential loans for Vietnamese

The Vietnamese Ministry of Finance and the Ministry of Planning and Investment signed an agreement on April 8 with the…


Singapore govt, DBS to provide SGD 300m in loans to…

Spring Singapore, International Exchange Singapore and DBS Bank have launched a government-backed financing scheme that will provide SGD 300m in…


Kredittbanken ASA makes offer for FactoNor AS

The Icelandic bank Islandsbanki said on 11 April that its Norwegian subsidiary Kredittbanken ASA had made an offer for all…


Carmen Bernardis named Managing Director Bank of America Business Capital…

Bank of America Business Capital announced that Carmen Bernardis has been named managing director of Bank of America Business Capital…


SZRB to provide guarantees on Tatra Banka SME loans

Slovak Guarantee And Development Bank (SZRB) is to provide guarantees on Tatra Banka small- and medium-sized enterprises (SMEs) loans up…


More funds at SMEs doors

Expressing displeasure over scanty credit flow to small- and medium-sized enterprises (SMEs), the Government will set a target for SME…


Unicredit-Confindustria agreement fund allocation begins

On Monday the fund allocation for the innovations set by the UniCredit-Confindustria agreement will begin. The operative agreement worth Ђ1bn…


Financial group extends asset-based financing to healthcare providers

Textron Financial Corporation announced that it has begun offering asset-based financing to US healthcare providers. Textron Financial's healthcare financing leverages…


SME Invoice Finance announces 50% increase in profits for 2004

Guildford based invoice finance company SME Invoice Finance have recently announced their financial results for the year to 31 December…


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…


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