BCR Latest News

SSI loans get 'core' tag, ceiling hiked to Rs 1…

The Reserve Bank is trying to boost credit flow to the small scale industries (SSIs) and farmers. The RBI, in…


Credit insurance comes to SMEs

Atradius is a global leader in credit insurance and credit management which has previously only been available to bigger companies,…


Hong Kong forms credit risk assessment agency for small, medium-size…

The Hong Kong Monetary Authority, the Hong Kong Association of Banks (HKAB) and two other organizations have jointly set up…


Aston Rothbury release financial results for year to March 2004

Aston Rothbury has published its financial results for the year to 31 March 2004, which show turnover of Ј1.48 million,…


SIDBI launches venture fund for SMEs

The Small Industries Development Bank of India (SIDBI) has launched the small- and medium- sized enterprise (SME) growth fund, a…


Indian Exim bank extends US$7m credit to Myanmar

Export-Import Bank of India (Exim Bank) has extended a line of credit (LOC) of US$7m to the state-owned Myanmar Foreign…


Texas-based insurance and finance group announces launch of equipment finance…

American International Group, Inc. (AIG) today announced the formation and launch of AIG Commercial Equipment Finance, Inc. (AIG CEF), a…


Factor is new player on Warsaw Stock Exchange

Eurofaktor, Poland's biggest non-banking factoring company, was one of six new companies to enter the Warsaw Stock Exchange on Friday.…


Grupo Security to increase capital

Chilean financial group Grupo Security will make a capital increase of between US$50m-60m on 11 November this year, local press…


Enterprise Finance Europe provides ID fuel for construction MBO

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has provided the senior management team at West Midlands-based…


Swiss offer US$15m investment funding for SME sector

Indian small- and medium-sized enterprises (SMEs) have been asked to take advantage of the US$15m investment funding from the Swiss…


Poor payment morale troubles state export guarantor

German state export credit guarantees, the so-called “Hermes coverage” with which the German government protects German exporters from payment defaults…


ADB sets aside US$85m for SME exporters

The Asian Development Bank (ADB) has set aside US$85m to finance export oriented small- and medium- sized enterprises (SMEs) in…


Potential Finance Group appoint managing director

Potential Finance Group PLC (PFG) has appointed Colin David Swanston as managing director of Potential Asset Finance Limited (PAF) to…


Law passed to allow non-bank factoring and loan operations

According to a statement from the banking regulator SBS, the Peruvian congress has approved a law that allows non-bank entities…


SME Bank launches remission package

SME Bank has launched its ‘loan remission Ramazan package’ to help borrowers to settle their loans and outstanding liabilities. Ihsanul…


Banks must help SMEs involved in higher- risk ventures

Deputy Finance Minister Datuk Dr Ng Yen Yen has urged banks to help small- and medium- scale enterprises (SMEs), including…


Bancoldex to offer new SME credit line, minister urges large…

Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and…


The Fortis Commercial Finance gives out credit protection warnings

Fortis Commercial Finance, one of Europe's top 10 invoice finance companies, is calling on UK businesses to ensure they have…


Investment Development Agency seeks a legal advisor

The Slovak Agency for the Development of Investments and Trade (SARIO) announced a public contest to select a company to…


ADB lends US$200m for revival of SME sector

The Asian Development Bank (ADB) has approved a foreign loan of US$200m for restructuring, revival and development of small- and…


FDI rises by 50 per cent in a year

There has been a 50 per cent rise in the level of foreign direct investment (FDI) in Ireland this year.…


ADB to inject investment in Chinese SME credit guarantee firm

The Asian Development Bank (ADB), a financial institution dedicated in reducing the poverty and promoting the economic development in Asia,…


Exim Bank of India to expand its credit line in…

The Export and Import Bank of India (EXIM Bank) is currently in talks with one of Malaysia's commercial bank to…


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