BCR Latest News

Exciting developments at Dynamic Commercial Finance

Dynamic Commercial Finance, the independent invoice finance company based in Haywards Heath, has been acquired by Enterprise London Limited (ELL).…


Bibby aims for 40 companies in 10 countries by 2014…

When the UK’s largest and most successful independent factor takes stock and unveils a future strategy designed to maintain its…


China's CBRC Levies Supervision Charges On Banks

China Banking Regulatory Commission (CBRC), the government watchdog for the banking industry, has announced that, starting from this year, it…


Credit-rating agency for SMEs

Punjab National Bank, in association with six other public sector banks and the Small Industries Development Bank of India, intends…


HK seeks wider China role for its banks

The talks over so-called "current account transactions" include the possibility of letting Hong Kong banks settle trade contracts denominated in…


Euler Hermes is selling its stake in Eurofactor to Credit…

Following the discussions started this summer, Credit Agricole and Euler Hermes confirm that they have signed the agreement for the…


New regional business manager at Bibby Factors Northeast

Bibby Factors Northeast, a specialist provider of business cash flow solutions, is pleased to announce the appointment of Paul Brown…


PhilExim and Coface plan joint insurance protection initiative. Bigger cover…

The Philippine Export-Import Credit Agency (PhilEXIM) plans to enhance the insurance protection given to local exporters against risks of nonpayment…


Ratings to make SME lending easier for banks

There is good news for the field functionaries of banks and financial institutions who have been resisting lending to entrepreneurs,…


SMEs to be signposted to better funding advice

Whilst there is no general shortage of funding, two thirds of the UK's four million SMEs are finding it difficult…


Canadian SMEs seek Malaysian partners

Canadian small- and medium-sized enterprises (SMEs) are keen on having business partners in Muslim countries, particularly Malaysia, Malaysia-Canada Business Council…


Fund for local SMEs announced.

Global fund manager Aureos Capital Ltd. and Planters Development Bank are pooling a US$20-million private equity fund for small and…


Korean Ex-Im Bank lifts ceiling on lending to Kazakh banks

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


First credit guarantee fund for SMEs

Vietnam central bank is completing operation regulations for the establishment of the first credit guarantee fund in Ho Chi Minh…


US bank opens international trade services representative office in China

The Summit National Bank has announced that it has opened a representative office in Shanghai to provide international trade services…


S&P affirms top factoring bank’s ratings

Standard & Poor's Ratings services said today that it had affirmed its 'BBB-' long-term counterparty credit rating and 'A-3' short-term…


Late payment lifeline

The Forum of Private Business (FPB) has launched a guide to help companies deal with bad debtors. According to the…


Euler Hermes agrees to sell Eurofactor stake

Euler Hermes SA, the world's biggest credit insurer, has agreed to sell its 49.1 per cent stake in factoring business…


SIDBI to launch venture capital fund for SMEs

The Small Industries Development Bank of India (SIDBI) will launch a Rs 500 crore venture capital fund with participation from…


Small businesses lead road to recovery

After three years of contraction, the number of small- and medium-sized businesses (SMEs) is expected to rise in 2004. According…


Fund to aid smaller technology firms

For the first time, the government and large corporations are organising a special fund to help small- and medium-sized businesses.…


US Commerce Dept to help exporters access Chinese markets

The US Commerce Department yesterday unveiled new tools in Beijing to help US companies expand exports to China's growing market,…


IFTRIC and Israel Credit Insurance Company.

Israel Foreign Trade Risks Insurance Corp (IFTRIC) offers export insurance. The company was partially privatised in November 2001, when the…


Canbank Factors targets to reach turnover of Rs2,000 crore during…

Canbank Factors’ factoring package offers sales ledger administration, debt collection services, credit protection and advisory services. The total turnover of…


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