BCR Latest News

Berne Union elects Vice President

The coordinator of special projects in the Policy Group at the Export-Import Bank of the United States (Ex-Im Bank), Piper…


New venture capital fund eyes local SMEs

A new venture capital fund, called Novum Hungary Growth Fund, will start operation in the end of the first quarter…


Eximbank to support Slovak exports by SKK66 bn in 2005.

Slovakia’s Eximbank plans to support Slovak exports by SKK66bn next year to what presents 7.3 per cent of a total…


ADB loan for SME development and port facilitation

The Asian Development Bank (ADB) and the government of Bangladesh concluded two loan negotiations for small-and medium-sized enterprises (SME) development…


Fraser Irvine appointed new business development manager for Venture Finance

Asset based financier, Venture Finance, today announces the appointment of Fraser Irvine, as business development manager for its Leeds office.…


Dawnay Day increases stake in Ultimate Finance

Activist investment boutique Dawnay Day has lifted its stake in factoring firm Ultimate Finance. Dawnay Day has picked up 540,000…


Nacion to boost SME export and import financing next year

Argentina's largest bank, federally owned Banco Nacion, plans to boost its export and import financing operations for small-and medium- sized…


CIT names Brian J. Dunlap executive vice president of sales…

CIT Specialty Finance, an operating group of CIT Group Inc. and a leading direct and indirect provider of global financing…


BRD – Groupe Societe Generale – increase factoring volume by…

In the first nine months of 2004, BRD – Groupe Sociйtй Gйnйrale recorded a volume of Ђ80m from factoring operations,…


Citigroup sells asset-based lending unit to GE for US$4.4bn

Citigroup Inc. has agreed to sell a unit that lends to the trucking industry to General Electric Co. for about…


French bank in 100% loan deal with Vietnamese machinery supplier

BNP Paribas bank of France has signed an agreement to lend US$164.5m to the Vietnam Machinery Installation Corp. (Lilama) to…


OTP draws 50 per cent of CEB loan to finance…

The Council of Europe Development Bank (CEB) is providing a Ђ100 m loan facility for Hungary's largest commercial bank OTP,…


Number of venture capital transactions in 2004 overtakes 2003 figure…

There were 35 venture capital transactions in Hungary during the first 11 months of the year, up from 25 during…


Chamber and credit agency to rank SMEs looking for finance

Small companies in the Czech Republic can now have their financial health evaluated by an independent credit agency. A project…


IGF and DCD announce merger timetable and new board appointments

Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…


HSBC and DBP to support microfinance sector

The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial…


Asia Development Bank to guarantee banks’ clients export-import activity.

The Technological and Commercial joint-stock bank (Techcombank) and the Asia Development Bank (ADB) have signed an agreement on cooperation in…


UniCredit to launch securitisation bond for Italian SME locals

Italian banking group UniCredit is preparing to launch a Ђ300m bond securitising credit granted to small-and medium-sized enterprises (SMEs) in…


World Bank aid for India’s SMEs

The World Bank has opened a new credit line of US$120m for small-and medium- sized enterprises (SMEs). The Small Industries…


Foreign trade – Export insurance and credit

The Export Risk Guarantee Agency (ERG), which is based in Zurich, provides export insurance. Conditions are based on law SR946.11…


Ex-Im Bank US$930m guarantee supports US exports to build plant…

The Export-Import Bank of the United States (Ex-Im Bank) today approved a loan guarantee of up to US$930m to support…


EXIM Bank of Korea to give export credit to Chilean…

The Export-Import Bank of Korea (EXIM Bank) says it will offer a US$30m line of credit to Banco del Desarrollo.…


SME development task force proposes venture capital fund and credit…

The working committee on finance formed by the National Small and Medium Enterprises Development Task Force (NSDTF) has proposed to…


SMEs remain core business for HSBC

HSBC Bank Malaysia Bhd (HSBC) will open more commercial banking centres throughout the country as part of a move to…


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