BCR Latest News

ADB agrees US$50m package for SME development

The Asian Development Bank (ADB) will support efforts of the government of Bangladesh to foster development of the country's small-…


Factoring and invoice financing boom as SME’s seek alternative funding…

Cash flow problems caused by late payment are the curse of small business, creating serious and sometimes terminal trouble for…


ICAEW welcomes DTI announcement on funding advice for small business

The Institute of Chartered Accountants in England & Wales (ICAEW) has welcomed today’s announcement by the Government on proposals to…


PTA Bank receives US$14m credit

The Eastern and Southern African Trade and Development Bank (PTA Bank) has received US$41m (sh24b) to grant loans to members…


Exim Bank of India announces contract to set up Exim…

Buoyed by the over-Rs 9,000-crore disbursements in the current year, Exim Bank of India expects to close the year with…


FDA Q3 statistics reveal continued popularity of factoring and invoice…

The popularity of factoring and invoice discounting has continued to grow as industry turnover hit record levels for the third…


Royal Bank of Scotland Commercial Services announces new Managing Director

The Royal Bank of Scotland’s Corporate Banking & Financial Markets (RBS) business has appointed Adrian Sainsbury as managing director of…


Governor advises bankers to invest in small businesses as commercial…

Commercial banks are looking to lending to newer ventures under a fresh reform recipe of Bangladesh Bank, offering middle- and…


Factoring Conference 2005 Vancouver – spectacular by nature

Vancouver will be the site of the 16 – 19 March 2005 Factoring Conference. For those of you that have…


Cash flow concerns top 2005 New Year resolutions

Almost two thirds (64%) of all small business owners and managers in the UK are vowing to improve their cash…


Business failures fall to record lows

2004 is expected to record the lowest number of business failures for six years, according to experts at BDO Stoy…


Banca Transilvania gets Ђ32.5m for lending to SMEs

The European Bank for Reconstruction and Development (EBRD) is increasing its exposure to Banca Transilvania by a further Ђ7.5m, as…


Korean loans to SMEs set to have grown at record…

South Korean loans to small- and medium- sized enterprises (SMEs) are likely to have grown at a record low rate…


Uralsib gets US$40m EBRD credit for small- and medium- sized…

The European Bank for Reconstruction and Development (EBRD) has issued the bank Uralsib US$40m (Ђ31m) for its lending program for…


Gov't expands exchange risk insurance coverage for SMEs

The Ministry of Commerce, Industry and Energy announced that it will expand foreign exchange risk insurance coverage for small- and…


EBRD to finance Kyrgyz SMEs

Head of EBRD Jean Lemierre signed an agreement during a visit to Kyrgyzstan to provide credits totaling US$7 m and…


China's export credit insurance about to exceed US$13bn

The amount of export credit insurance China offers to its export and investment overseas is about to exceed US$13bn, 5.5…


Ex-Im Bank supports US equipment exports for Turkish power plant

States (Ex-Im Bank) today approved a US$53.3m loan guarantee to support the export by GE Packaged Power, Inc., Houston, Tex.,…


BPPG announces rise in interest rate for commercial late payments

The Better Payment Practice Group (BPPG) advises businesses that the interest rate for companies wishing to apply the late payment…


The Better Payment Practice Group finds that size doesn't matter

A survey by the Better Payment Practice Group (BPPG) has revealed that nearly 40% of respondents think that small companies…


Atradius announces the appointment of a new CFO

Atradius, a global leader in credit insurance and credit management, announced that it appointed Delfin Rueda as chief financial officer…


Banco Bci to open first Asian branch in February, offers…

The Chilean bank Banco Bci plans to start operations in its branch in Hong Kong next February, according to Eugenio…


BOI buys UK Wachovia asset-based lending subsidiary

Bank of Ireland today announced the acquisition of Burdale Financial Holdings, a leading UK-based comprehensive asset-based lender and subsidiary of…


SMEs to receive Ђ10m in extended financing programme

The London-based European Bank for Reconstruction and Development (EBRD) will extend its joint EU financing programme in Hungary by providing…


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