BCR Latest News

Coface UK launches dedicated risk information centre and regional business…

Coface UK, a leading provider of credit solutions for business, has officially launched its Birmingham office as a new dedicated…


Industrial Bank to increase lending to small firms

Industrial Bank of Korea, the nation's biggest lender to small companies, announced its plans to increase lending to these clients…


HSBC enters small business financing agreement

Mexico's fourth largest bank HSBC Mexico has signed a small business financing agreement with the economy ministry and development fund…


India offers Africa export credit line

According to foreign minister Natwar Singh, India is to pay special attention to Africa and will start economic co-operation. In…


Export credit insurance and incentives in South Africa

A report on sources of export credit insurance, incentives and zones in South Africa. To read the full report go…


‘Most S Korean export-oriented SMEs suffer from strong Won’ –…

The majority of South Korea's export-oriented small- and medium-sized enterprises (SMEs) are suffering from worsened profitability due to the Korean…


Venture Finance launches new service for SMEs

Today, Venture Finance becomes the first asset-based lender to launch an automatic additional finance facility for its invoice finance clients.…


France leads Europe in entrepreneurship revival

On the face of it, there is little to suggest France is experiencing the surge in entrepreneurship that Europe needs…


CIT names group-wide EVP, Chief Sales Officer

CIT announced the appointment of Walter J. Owens as executive vice president, chief sales and marketing officer. In this newly…


Banks remain reluctant to lend to SMEs – Bank of…

South Korean banks remained reluctant to make loans to small- and medium-sized enterprises (SMEs) in February despite emerging signs of…


Florida asset-based financier approves US$10m cash flow funding for Clearwater…

XRG Inc., a provider of a wide range of truckload freight services in the US, has announced that it had…


Japan’s UFJ Bank launches factoring services for Vietnamese exporters

Japan's UFJ Bank has announced that it will begin its factoring service for exporters later this month. The bank will…


Almost 40,000 companies turn to invoice finance for cash injection…

FDA Annual Figures released this week show that factoring and invoice discounting has now become a Ј132 billion industry. FDA…


Fortis appoints new Country Manager for Poland

Fortis has announced the appointment of Alexander Paklons as country manager for Poland. Alex Paklons was formerly director marketing personal…


Minister promises aid to small businesses

The government plans help small- and medium-sized companies by cutting expenses and aiding exporters to boost their share of gross…


Santos urges SMEs to go into exports

Trade and Industry Secretary Juan B. Santos has urged small- and medium-sized enterprises (SMEs) to maximize their business potential by…


Fortis Lease Group acquires Austria Finanza and Austrolease, the Italian…

Fortis and Bank Austria Creditanstalt Leasing reached an agreement under which Fortis Lease Group will acquire BA-CA Leasing's Italian activities,…


Asset-based lending group at KeyBank announces a new Vice President

Jan Allen Ackley of Mason has been named vice president in the asset-based lending group at KeyBank in Cincinnati. Ackley…


Leadership change in the asset-based lending arm in Bank of…

Bank of America announced a change in leadership in Bank of America Business Capital, the asset-based lending arm of its…


BancoEstado to launch factoring unit in second half of 2005

Chilean state-run bank BancoEstado plans to open a unit specialising in factoring during the second half this year, local press…


Siam City Bank targets small businesses

Siam City Bank introduced SCIB-S, a commercial loan product aimed at small businesses and entrepreneurs. Loans ranging from 300,000 to…


Posco to support small firms

Posco has decided to provide an array of support programs for small- and medium-sized enterprises (SMEs) this year to become…


Credito y Caucion prepares for expansion

Spanish credit insurance company Credito y Caucion is on the verge of receiving authorisation to set up operations in Brazil.…


Yes Bank to raise Rs100cr capital for SMEs business

Yes Bank plans to raise Rs 100-crore Tier II capital through redeemable convertible bonds. The managing director and chief executive…


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