BCR Latest News

Natexis Factorem consolidates market share in competitive environment

The main change in Group (Natexis Banques Populaires) structure compared with 2003 is Coface's acquisition of ORT, the French subsidiary…


Canbank Factors Q3 net up 50% , factored volume up…

Canbank Factors registered a 50 per cent growth during the third quarter of the fiscal year ended 31 December 2004…


EXIM Korea announces plans to expand trade financing

The Export-Import Bank of Korea has announced that it plans to increase trade financing to 13.5 trillion won (US$13 bn)…


CIT Group's profit jumps on unit gains

CIT Group Inc. said yesterday that its profit jumped 31 per cent in the fourth quarter, as improvements at its…


Spring launches loan scheme tied to risk profile

Spring Singapore has launched a financing scheme that allows participating institutions to tailor the interest rates on loans to a…


Government loans to target high-tech firms

The government said yesterday it would limit its special loans for small- and medium-sized companies (SMEs) to high-technology firms beginning…


New 800m Bhat education fund aims to create 18,000 new…

The Thai Industry Ministry has set aside a budget of 800 million baht over two fiscal years to meet the…


Two banks propose entering factoring, leasing sectors

The Peruvian banking regulator SBS is currently studying requests submitted by two local financial institutions interested in the factoring and…


New government aims to promote SME development in UN International…

The government promised on Thursday to put more focus on the development of small- and medium-sized enterprises (SMEs) in the…


World bank arm to build on existing SME development programme…

The International Finance Corporation (IFC), the private sector arm of the World Bank, has established a US$2.5m matching grant programme…


Bad debt advice as watchdog targets UK industries – Atradius

Atradius, a leading credit insurer and credit management company, is advising suppliers to check their bad debt provision when doing…


Government loans to encourage Indonesian SMEs

Working hand-in-hand with the four state banks: Bank Mandiri, Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI) and Bank Tabungan…


Look west to India, Malaysian SMEs urged

Prime Minister Datuk Seri Abdullah Ahmad Badawi wants Malaysian small- and medium- sized enterprises (SMEs) to enhance their competitiveness and…


SMEDC approves P300m SME funding

The Small and Medium Enterprise Development Council (SMEDC), the primary agency involved in the promotion, growth and development of the…


German DEG and KfW in joint US$37m loan for Kazakh…

The German investment and development organization Deutsche Investitions-und Entwicklungsgesellschaft mbH (DEG) and the German bank Kreditanstalt fur Wiederaufbau, (KfW) will…


China’s Sinosure signs cooperation agreement with BNP Paribas France

China Export & Credit Insurance Corporation (Sinosure) has signed a business cooperation agreement with French investment bank BNP Paribas. Under…


China's SMEs expect strong growth this year – Asia Business…

As many as 88% of China's small- and medium-sized enterprises (SMEs) believe the economy will grow strongly in 2005, according…


Enterprise Finance Europe funds creation of UK’s largest independent Sage…

Enterprise Finance Europe (EFE), one of the UK’s leading asset-based lenders, has provided Ј1m worth of funding to the BDE…


Better Payment Practice Group finds that using electronic transfer improves…

A survey of companies by the Better Payment Practice Group (BPPG) has revealed that four out of five now accept…


Fortis Commercial Finance calls on businesses to insure against the…

Many companies are safe in the knowledge that they have insured their businesses against flash flood damage, fire, theft, and…


Corporate insolvencies fall to lowest for six years

Company failures have fallen for the second year running, with 16,372 companies failing during 2004. This was the lowest number…


US$120m credit boost to Indian SMEs

The World Bank extended US$120 million in assistance to India to help boost credit to small companies on Friday. The…


China Export Credit Insurance Co. doubles assets in 3 years

China Export Credit Insurance Company, which was launched three years ago, had doubled its gross assets from 2.96 billion yuan…


Factoring programme introduced for independent Texas banks

Texas United Bancshares, Inc. through its banking subsidiary, State Bank, has announced the formation of a participation programme to provide…


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