BCR Latest News

Ultimate Finance halves loss on soaring turnover in 2004

Ultimate Finance Group PLC halved its pre-tax loss in the year to 30 June to Ј338,609 from Ј663,083 on a…


Emirates Bank promotes United Arab Emirates (UAE) expertise in Trade…

As a major bank focused on assisting the UAE economy via expertise in international trade, Emirates Bank has combined its…


Three banks join innovation support scheme

Bangkok Bank, Bank of Ayudhaya (BAY) and Siam City Bank (SCIB) have joined a programme initiated by the National Innovation…


Exim Bank to finance investors in North Korea

The state-run Export-Import Bank of Korea will finance up to 70-90 per cent of accidental losses resulting from corporate investments…


Benefits of leasing for SMEs

David Goodridge, partner at accountancy firm Kingston Smith, looks at the advantages of leasing for small businesses. Financing new equipment,…


China may invest US$4bn in Brazil

Four months after the visit of the Brazilian president Lula to Beijing, Brazil and China may resume negotiations about joint…


Banamex launches SME online service – Mexico

Mexico's second largest bank Banamex has launched an online financial services portal for small and medium-sized enterprises (SMEs), the company…


Bridge Bank awarded SBA Preferred Lender status in California

Bridge Bank, National Association, Santa Clara County's newest business bank, today announced that the Bank has achieved California Statewide Preferred…


Shanghai success for BCR’s third Asia Pacific Factoring Conference

The Asia Pacific region has some of the most exciting and fastest growing factoring markets in the world. With this…


Fed raises interest rate

The US Federal Reserve boosted a key short-term interest rate by one-quarter percentage point last night, the third increase this…


Ex-Im Bank raises cap on re-lending loans to Kazakh banks

The Export-Import Bank of Korea (Ex-Im Bank) announced Monday it has raised the ceiling on its relending facilities for two…


Row over small-business loans

The government and commercial banks are lashing each other over the issue of financial support for small- and medium-sized companies…


Investment in Korea up in 2003

Foreign direct investment in Korea last year reached US$3.7 bn, which represented a 28 per cent increase compared to 2002,…


FDI in Kyrgyzstan soars 51% in H1

Foreign direct investment (FDI) in Kyrgyzstan grew by 51 per cent on a year-on-year basis to US$65.4 mn in the…


Splitting of EGAP proposed

The Finance Ministry has proposed splitting Exportni garancni a pojistovaci spolecnost (EGAP) guarantee and insurance company into two parts for…


Policy on financial, marketing support for SSIs needed

The Centre and the Tamil Nadu Government must announce a policy on financial and marketing support for the small scale…


Credit inquiries could hit 5 m annually in Russia –…

The new Experian Interfax credit bureau could receive some 5 million credit inquiries per year, said John Hadlow, commercial manager…


UK subsidises arms exports

UK Government subsidies to arms exports cost the taxpayer at least Ј450m and possibly up to Ј930m a year, according…


Assocham Moots Credit rating Agency For SMEs

The Associated Chambers of Commerce and Industry of India (Assocham) has asked the Government of India to set up a…


AGF confirms H1 earnings, plans 30 pct dividend increase

Assurances Generales de France (AGF) said it plans to raise its net dividend payout by 30 pct this year, payable…


Foreign investment in Russia reach US$66 bln

Cumulative foreign investment in the Russian economy was US$66 billion as of July this year, Prime Minister Mikhail Fradkov said…


Better Payment Practice Group offers advice on using the Internet…

The Better Payment Practice Group (BPPG) has launched a new section on its website, www.payontime.co.uk to offer businesses advice on…


PBSP strengthens program to provide loans to SMEs

With strict policies set by banks and other lending institutions before it would grant loans, a non-government organization has strengthened…


Experian arrives in Russia

With credit comes a credit history and Russia's booming consumer lending sector saw the first high-profile arrival of a Western…


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