BCR Latest News

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GE Capital, a unit of General Electric Co., has withdrawn a US$2bn loan facility for General Motors Corp.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


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…


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