BCR Latest News

2004 results for Skipton Business Finance

Skipton Business Finance produced another sparkling set of results at the end of its third full year of trading. In…


Cattles funds MBO

Cattles Invoice Finance has funded the management buy-out of the hardware division of GMR Products Limited in Huddersfield, providing a…


Japan venture partners jointly guarantee loans in new scheme

Hachijuni Bank and the Development Bank of Japan have developed a new lending scheme in which a group of smaller…


Bibby Financial opens St. Louis office

Bibby Financial Services expanded to St. Louis, setting up its fourth US office. The company, a subsidiary of England's Bibby…


The Better Payment Practice Group finds that it pays to…

Research by the Better Payment Practice Group (BPPG), has found that 28% of businesses have successfully charged interest under the…


Sidbi gave Rs 11,300 cr to SSIs

Small Industries Development of Bank of India (Sidbi) disbursed Rs 11,300 crore to the small scale industry (SSI) sector during…


Small businesses to be paid more attention

A programme for Russia's social and economic development until 2008 has been already supplemented with a chapter on small business,…


Government approves Micro Finance Bill

The Cabinet has approved the much-awaited Micro Finance Bill that will offer a legal framework to players in the sub-sector.…


Micro loans rise 47%

Moroccan micro-finance associations granted loans totalling Dhs 5 bn (around Ђ500 m) by the end of September 2004, which is…


Arvato acquires Infoscore to provide factoring and credit risk assessment

Arvato, the printing subsidiary of German media giant Bertelsmann, is planning to take over Infoscore, a German financial service provider,…


Payments and Cash Management within Trade Finance

Introduction Due to sheer volumes, most of the emphasis seen in Banking-related journals as well as that emanating from organizations…


Potential Finance swings into FY profit update

Potential Finance Group PLC swung into profit at the full year stage on lower revenues as cost cuts boosted the…


Euler Hermes forecasts growth

Euler Hermes, the French credit insurance company, has said that it expects its turnover to rise by 5 per cent…


Davao traders to boost support for SMEs

Newly appointed Trade and Industry Secretary Juan Santos is eyeing a strong support system for small- and medium-sized enterprises (SMEs)…


Hal Marshall-Led Group launches factoring company for truckers

An accomplished group of trucking industry veterans announced the formation of Advance Business Capital, the first and only freight bill…


De Lage Landen Financial Services appoints Jeff Enoch VP- New…

De Lage Landen Financial Services, a leading international provider of high quality asset-based finance products to manufacturers and distributors of…


Ђ33m SME loan with Italian government approved

The Serbian government has authorised the National Bank of Serbia and Finance Ministry to sign an agreement with the Italian…


Second foreign bank enters factoring market in Vietnam

The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide…


Ceska Sporitelna’s SME loans top CZK 20bn in 2004

In 2004, Ceska Sporitelna provided new loans for small- and medium-sized enterprises (SMEs) totaling CZK 20.2 bn. The overall portfolio…


BPB provided BRL 29m in micro loans

Brazilian micro credit bank Banco Popular do Brasil (BPB) has reached 1.2 million clients after one year of operation, parent…


Two new appointments strengthen team at leading European invoice finance…

Fortis Commercial Finance, part of the international Fortis banking, insurance and investment group, is pleased to announce the appointment of…


Banks struggling to shed bad SME loans

South Korea’s major commercial banks are suffering from overdue loans to households and small- and medium-sized enterprises (SMEs). Of banks,…


ICCB's help for tsunami SMEs

The International Chamber of Commerce - Bangladesh (ICCB) has set up a Reconstructing Small Business Fund (RSBF) to extend assistance…


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