BCR Latest News

Eximbank and Mehib export insurance and credit schemes boost exports

The Act on the Hungarian Export-Import Bank and the Hungarian Export Credit Insurance Company (Act XLII of 1994) established the…


Factoring facelift planned for Sanpaolo

A year after acquiring Banque Sanpaolo, the French unit of Italian bank Sanpaolo, French banking group Caisse d'Epargne is moving…


Factoring industry profits face double-digit declines in H1

Mexico's factoring industry reported net income of 84.5m pesos (US$7.3m) in the first half of 2004, a 16 per cent…


New rules to boost factoring services

The State Bank of Vietnam (SBV), Vietnam's central bank, has issued new regulations that will enable credit institutions to carry…


Ukreximbank to receive US$50m credit from US Exim Bank

Ukrainian state export-import bank Ukreximbank is to receive a credit from US Exim Bank of US$50m to finance small- and…


SME share of EDC business increases

Bolstered by an accelerating global economy, Export Development Canada (EDC) business volume was $26.1bn (US$14bn), of which the small- and…


Guilty plea to $3.9m invoice fraud

A former director of liquidated company Signprofiles, John Robert Forwood, this week pleaded guilty to 13 criminal charges of defrauding…


Factoring market picks up on back of Taiwan-China relationship

Improving investment and trade relations between Taiwan and mainland China are increasing demand for factoring services by domestic exporters to…


Bancoldex increases loan portfolio to SMEs

Loans from Colombia's state-owned export development bank Bancoldex to micro, small- and medium-sized enterprises will probably account for 35 per…


Vendor finance package targets SME suppliers

GE Commercial Finance has introduced a new set of vendor finance services intended for Australia's $10bn telecommunications and information technology…


New SME loan ‘accessible within 48 hours’ – HSBC

Hong Kong’s small- and medium-sized enterprises (SMEs) can now apply for a business loan without lengthy application procedures and without…


EPB to set up centre for SMEs

The Export Promotion Bureau (EPB) is to set up a centre within the Bureau for small- and medium-sized enterprises (SMEs)…


Exim Bank extends loan to Mozambique to boost share in…

The Export Import Bank of India has extended a $20 million loan to Mozambique, as part of its efforts to…


The 8th annual FDA conference

Bookings for this year’s 8th Annual FDA Conference in Prague are now being taken. The Conference, sponsored by Experian, will…


Ex-Im Bank helps finance US exports to Peru

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$15.9 million credit guarantee facility to support the…


SMEs to have $300m in funding soon

Getting a loan to start a business will soon be easier than ever before. About US$300 million will be made…


SME Club proposed

In order to facilitate small- and medium-sized enterprises (SMEs) in Pakistan, the Union of Small and Medium Enterprises (UNISAME) has…


Interest rates falling

Turkey's ability to maintain an atmosphere of stability and trust prompted the Central Bank to drop the overnight inter-bank rate,…


Dhanamitr builds niche among small suppliers

A provider of short-term working capital, Dhanamitr Factoring Plc has developed a successful niche by targeting small- and medium-sized (SME)…


Government to merge export credit institutions

The Government will merge the Malaysia Export Credit Insurance and Exim Bank to achieve economies of scale. The new entity…


The Development Bank of Zambia and EXIM Bank of India…

The Development Bank of Zambia (DBZ) has identified the Export and Import (EXIM) Bank of India as its strategic partner.…


Equifax announces $125 million trade receivables financing facility

Equifax Inc. has announced the closing of a trade receivables-backed revolving credit facility. Under the terms of the transaction a…


Asean endorses blueprint to promote SME development

The 10-member Association of SouthEast Asian Nations (Asean) has endorsed a 10-year blueprint to promote the development of small- and…


Euler Hermes reaps the benefits of its cost savings

Euler Hermes, the French credit insurer, increased its net profit by 78 per cent in the first half of 2004,…


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