BCR Latest News

Continued growth in 2004 for Dresdner Factoring

German financial services provider Dresdner Factoring achieved further growth in 2004. In comparison to the previous year, loan turnover increased…


Factoring services up 20% in 2004

The Chilean factoring industry moved US$5.5bn in 2004, a 20% increase compared to the previous year. Growth of similar rates…


Planters Bank expands loan portfolio to P19B this year

The Planters Development Bank (Planters Bank) will be expanding its loan portfolio from over P15 bn last year to P19…


More Smidec loans, grants approved

Small and Medium Industries Development Corp (Smidec) has approved more loan and grant applications in the current 8th Malaysia Plan…


The Coface subsidiary in Austria, OKV Coface, has just opened…

Coface's Austrian subsidiary, OKV Coface has opened a credit insurance branch in Hungary -Coface Hungary. After successfully setting up operations…


President's FY 2006 budget fully funds the Export-Import Bank

President Bush's fiscal year 2006 federal budget request, which was released today, fully supports the Export- Import Bank of the…


SBA budget would trim funds for low-income entrepreneurs

The Bush administration's proposed budget increases funding for two popular small-business loan programmes, but it cuts money for venture capital…


Bigger is better for AmBank

The merger of the AmBank Group's commercial bank and finance company's operations will allow it to grow with SMEs. The…


ZSE plans to set up SME bourse

The Zimbabwe Stock Exchange (ZSE) plans setting up a secondary bourse for small- and medium-sized enterprises. ZSE chief executive Mr…


IBM unveils finance and leasing plan for SMEs

IBM has introduced a new financing and leasing plan for small- and medium-sized enterprises (SMEs) to try and boost business…


Surecomp acquires Trade Finance Software Business

Surecomp, a global provider of trade finance solutions for the banking industry, has acquired Orden’s trade finance business. Based in…


New fund to support business growth in UK South West

An exciting new era for businesses across the South West is about to unfold with the launch today of a…


Survey shows positive growth but high costs put strain on…

The overall business environment has been positive over the past year, and small and medium-sized enterprises (SMEs) have seen a…


New SME bank to include easier access to funding for…

Financial assistance for small- and medium-sized enterprises to invest in information and communications technology (ICT) systems should be included as…


SMEDA calls for SME credit guarantee

Small and Medium Enterprise Developmental Authority, (SMEDA) has recommended early establishment of SME Credit Guarantee (SCG) and Credit Insurance Funds…


EGAP is split, part of it assigned for sale

Export Guarantee and Insurance Corporation (EGAP) has founded a daughter company Commercial Credit Innsurance EGAP that will take over the…


Fortis Bank opens first new Business Centre in Switzerland to…

Fortis Bank has received authorisation from the Swiss Authorities to open a Branch in Zurich (Switzerland) serving medium sized businesses…


Turkey and Russia sign cooperation protocol for small businesses

Erkan Gurkan, Chairman of the Small and Medium Industry Development Organization (KOSGEB), and Alexander Runov, president of the Russian Agency…


Brunei SMEs call for improved access to financial facilities

Local small- and medium-sized enterprises (SMEs) have called for the setting up of a bank catering solely to their needs,…


UK Midland small business growth slows

Midland businesses are seeing their growth plans stunted by fast-rising costs, a new survey reveals. New business orders and employment…


Bold funding stance from Eurofactor makes merger a success

Eurofactor have lived up to their reputation for providing innovative and entrepreneurial funding solutions by boldly structuring a deal that…


Bancomext to provide US$5.8bn in financing for SMEs this year

The National Foreign Trade Bank (Bancomext) has reported that this year it will channel US$5.8 billion to finances businesses, especially…


GE Commercial Finance provides US$35m revolving credit facility to Harcros…

Responding to Harcros Chemicals' strong performance, Corporate Lending restructured the facility to provide a portion of the financing at a…


French buyer for SA credit insurer

South Africa's credit insurance industry is set for a shake-up, with French company Coface, the world's third-largest credit insurance company,…


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