BCR Latest News

Dutch finance firm provides loans for Vietnam's SMEs

FMO Dutch finance company has signed a contract with Vietnam's Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) to finance…


Korea Exim Bank to sell its 10.2% stake in IBK…

The Export-Import Bank of Korea (Ex-Im Bank) has unveiled plans to sell its 10.2 per cent stake in Industrial Bank…


Long-term rates fall

Long-term interest rates have dropped sharply to the point where they are below short-term interest rates, causing investors to snap…


World Bank offers US$1.1bn in international guarantees

Despite continued falls in levels of foreign direct investment (FDIs) in developing countries, The Multilateral Investment Guarantee Agency (MIGA) issued…


Jean-Paul Votron's first day as Fortis CEO

Jean-Paul Votron has today been officially appointed executive director until the annual general meeting of shareholders in 2008. He has…


IDB plans US$30m loan for local SMEs

The Islamic Development Bank (IDB) is to extend a US$30m loan to Indonesia's small and medium- sized enterprises through three…


Tarrant Apparel Group finalises US$45m factoring facility

"Closing our new factoring agreement marks an important step for Tarrant," said Barry Aved, president and CEO of Tarrant Apparel…


US Ex-Im Bank backs GE sale of 200 locomotive kits…

The Export-Import Bank of the United States (Ex-Im Bank) today approved a US$121.7m long-term loan guarantee to support the export…


Ample funds to help boost SMEs

The amount of loans given to small and medium enterprises (SMEs) for the first six months of 2004 annualised has…


Franfinance follows Pekao Leasing and tidies up its group

Franfinance Polska has changed its name to SG Equipment Leasing (Polska). "The main reason is our strategy which aims to…


GMAC sees huge opportunity

GMAC Commercial Finance Group has begun operations in the Polish market. The company is offering its customers a record keeping…


Three banks launched a credit register

Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans…


IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…


SMEDAN seeks UNDP support for SMEs

Small and Medium Enterprises Development Agency (SMEDAN), has reached agreement with the United Nations Development Programme (UNDP), in Nigeria for…


Credit insurance – the industry discusses how to tap into…

So far, credit insurance has primarily been the domain of specialist brokers that have a good understanding of the products.…


Abbey sets sights on the SMEs market

Abbey National plans a sustained attack on the market for banking services for small- and medium-sized enterprises after the completion…


Bulgaria FDI soars to EUR 1.34 B

Foreign direct investments in Bulgaria for the first seven months soared to Ђ1.34bn, up from Ђ795.6m year-on-year, the Bulgarian National…


Kyrgyz Ineximbank receives syndicated credit to finance trade

Kyrgyzstan's Ineximbank signed a credit agreement for a syndicated credit of US$5m during the fifth conference of CIS and Baltic…


Five banks pledge contribution for HCM City's credit guarantee fund

Five local commercial banks have committed to contribute part of the required capital for the establishment of Ho Chi Minh…


Exporters can arm themselves against bad debts

Credit insurer Coface UK's latest product launch includes the provision for exporters to shield themselves against bad debts. The financing…


New factoring company with ambitious plans enters Polish market

GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…


Small-and medium-sized enterprises bank to be established

Mr Alan Kyeremanten, minister of trade, industry and president's special initiatives (PSI), on wednesday announced that plans were afoot to…


Singapore small- and medium-sized enterprises credit bureau to be launched…

Small- and medium-sized companies (SMEs) in Singapore may soon have easier access to financing. A new SME credit bureau will…


BOE holds rates at 4.75%

UK interest rates have been kept on hold at 4.75% following the latest meeting of the Bank of England's rate-setting…


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