BCR Latest News

Joint Rs 500-cr SME fund announced

Small Industries Development Bank of India (Sidbi), Punjab National Bank (PNB) and Union Bank of India are coming together to…


Coface seeks Indian join venture

Even as the government has been considering a hike in the foreign direct investment (FDI) ceiling in insurance to 49%,…


Better payment practice group updates advice for exporters

The Better Payment Practice Group (BPPG) has updated the exporting section of its website, www.payontime.co.uk to give businesses credit management…


EBRD to lend Ђ10 m to CAC Leasing

CAC Leasing will draw a loan from the European Bank for Reconstruction and Development (EBRD) of Ђ10 m. The contract…


NBS cuts key interest rates

National Bank of Slovakia (NBS) has cut key interest rates by 50 basis points. From Monday, 29 November, the one-day…


Equipment leasing event to showcase national industry associations

Equipment leasing has grown into a global industry producing nearly US$500bn in annual financings. Capital equipment markets, including healthcare, IT,…


Commerce Bank live with Surecomp’s NetIMEX

Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet…


Fintel plans new strategy to capture Chinese SMEs and appoints…

Financial Telecom Limited Inc. (Fintel Group) www.fintel.com, announced today that its board of directors has appointed Mr. David Chen to…


SMEs write off nearly Ј6.5 billion a year in bad…

Small businesses in the UK are losing a staggering Ј6.5 billion every year due to unpaid invoices, according to new…


IGF appoints new regional sales Director

Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has promoted Mike Bailey to the position…


SMEs‘ access to formal finance needs to increase – says…

A survey on small-and medium- sized enterprises (SMEs) found the SMEs in food, leather, electronics and garment sectors to be…


Societe Generale buys extra BRD stake

France's Societe Generale, majority owner of BRD-Groupe Societe Generale, bought the state's remaining 7.3 per cent last week. AVAS said…


Private SMEs enter fast-growth period

China's private small-and medium-sized enterprises (SMEs) have entered a period of fast growth. From 2000 to 2004, the nation saw…


Atradius unveils new strategy

Revamp for increased, sustainable profitable growth Focus on core credit insurance business Divestment of business lines lacking mass and/or profitability…


Euler Hermes expects revenue of more than HUF 2bn in…

Hungarian subsidiaries of Euler Hermes, a big provider of credit insurance and manager of trade receivables, expects to end the…


ECGC signs agency agreement with Andhra bank

Export Credit Guarantee Corporation of India Ltd. (ECGC) and Andhra Bank signed a Corporate Agency Agreement for marketing of ECGC’s…


Coface receives Chinese business delegates

A group of Chinese businesspeople sought American guidance on a business tool that is relatively new to them - issuing…


Coface chairman to meet with India’s Director General of Foreign…

Mr Francois David, chairman of Coface, the French export credit insurance agency, is coming to India on a five-day visit…


Birmingham insolvency expert appointed to key leadership role at R3

Tony Supperstone, a leading insolvency and business recovery partner at the Birmingham office of accountants BDO Stoy Hayward LLP, has…


India's Export Credit Guarantee Corporation increases equity base

India's Government have decided to enhance the equity base of the Export Credit Guarantee Corporation of India Ltd. (ECGC) from…


Euler Hermes down 4.91%

Shares of Euler Hermes, the French credit insurer, lost 4.91 per cent in Paris yesterday, closing at Ђ50.35, after reaching…


Exim bank extends US$19m credit line to Guyana

Export-Import Bank of India has extended a line of credit of US$19m to the government of Guyana for building a…


ECGC opens Tuticorin branch

Export Credit Guarantee Corporation (ECGC) has decided to open satellite branches at upcoming export centres in the country. ECGC has…


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