BCR Latest News

KOTEC acts as cheerleader for small firms

Around 3 million small-and medium-sized enterprises (SMEs) have been the backbone of the Korean economy. But many of them are…


Give UK businesses a break Mr. Chancellor

The UK will see a significant rise in business failures next year if Gordon Brown does not use the pre-budget…


GMAC Commercial Finance northwest boosts factoring and invoice discounting team

GMAC Commercial Finance (GMAC CF) has announced the appointment of Paul Morgan to its Manchester office, where he will be…


EIB loans to SMEs to boost economy

The European Investment Bank (EIB) has prepared a solid foundation on which to build a bridge to join the wealthy…


BT's Bland says US Sarbanes-Oxley compliance 'a great burden'

BT PLC chairman Christopher Bland believes the regulatory regime prescribed by Sarbanes-Oxley legislation is "a great burden," imposing heavy costs…


Pakistan launches funds to promote small enterprises

The Pakistani government has launched three special funds to promote small-sized enterprises (SSIs). The Asian Development Bank credit guarantee fund…


BT's Bland says US Sarbanes-Oxley compliance “a great burden”

Hong Kong - BT PLC chairman Christopher Bland believes the regulatory regime prescribed by Sarbanes-Oxley legislation is "a great burden,"…


Coface debts to be honoured

The Libyan finance minister, Mohamed Ali Elhouej, said in Paris that Libya intends to pay back before the end of…


US$200bn facility set up for SMEs

Small-and medium-sized enterprises (SMEs) can benefit from a US$200bn facility provided by the government. SMEs in the productive and value-added…


Latvian factoring and leasing market up 11.8 per cent this…

According to the Latvian Lessors’ Association (LAA), the leasing and factoring market in Latvia has grown 11.8 per cent this…


Bancafe should not be state-run SME financier

State-run bank Bancafe should not be converted into a federal bank specializing in small-and medium- sized enterprise (SME) financing, local…


GE Commercial Finance Corporate Lending provides US$173.5m in financing to…

GE Commercial Finance Corporate Lending announced it has provided US$173.5m in financing to United States Steel Corporation. The financing commitment…


KFK to provide funding assistance to SMEs

The Sejm has begun work on a bill setting up a National Capital Fund (KFK) to support small-and medium-sized enterprises…


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…


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