BCR Latest News

CBI Chief urges Bank not to overdo interest rate medicine

The CBI has reduced its forecast for economic growth next year, saying high oil prices are likely to hit world…


Q2 2004 factoring figures for Ireland released

The popularity of factoring and invoice discounting as a financing option in Ireland has continued to grow as industry turnover…


First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…


SME transparency drive to improve finance access

The Chilean banking regulator, Sbif, and the local banking association, Abif, signed an agreement to create a standardised financial information…


Experian acquires HK-China info house

Experian, the global information company, has bought Smartal Solutions, a business intelligence company based in Hong Kong and China. The…


Small firms' confidence worsening

The business confidence of small companies is expected to continue to fall thoughout September, according to a report by the…


Factor to be listed on Warsaw Stock Exchange

A Silesian factor is planning its debut on the Warsaw Stock Exchange (WSE). "We will be the first factoring company…


Exports up again in July

Hong Kong's exports in July rose 16.5% year-on-year to HK$ 183.6 bn, after an 18.2% growth in June, the government…


Interest rate hike surprises market

The Monetary Policy Council (RPP) has increased interest rates by 50 basis points - twice as much as the market…


BCC & HMCE join forces in Blueprint to modernise export…

Changes are afoot which will affect the way export documentation is issued to UK companies. Under the terms of the…


Fortis report tripled profit in first half results

Fortis has announced its first half results reporting a threefold rise in net operating profit to Ђ1,829m compared to the…


Bank of Communications ratings outlook raised

Standard & Poor's (S&P) Ratings Services has revised the outlook on its 'BB' long-term foreign currency counter-party credit rating on…


Atradius to issue Eurobond

Atradius plans to issue a Ђ110 million subordinated Eurobond with a final maturity of 20 years and quarterly call options…


Griffiths welcomes small business sector boom

Enterprise Minister Nigel Griffiths has hailed a 200,000 net increase in the business population. New figures published by the DTI's…


China Exim taps the market for extra $250m

The Export-Import Bank of China (China Exim) increased its month-old 2014 dollar bond issue to $1bn yesterday by tapping the…


Zurich's Emerging Markets Unit adds marketing manager in Hong Kong

Zurich has announced the appointment of a new marketing manager to join its business unit in Hong Kong, which provides…


The FDA's CEO on the future of the Association and…

The role of CEO at the FDA has grown in importance in recent years and (as our discussion over lunch…


4m and rising! – Number of SMEs increasing by 500…

There were an estimated 4m business enterprises in the UK at the start of 2003, compared with an estimated 3.8m…


New factoring figures hint at a maturing market, tough times…

Growth in the UK factoring and invoice discounting industry remains steady but unspectacular, particularly on the domestic front, according to…


PhilEXIM lowers fee rate

The Philippine Export-Import Credit Agency (PhilEXIM) has approved a package of measures that would reduce the cost to exporters of…


South African export guarantor refines loan system

The state-owned Export Credit Insurance Corporation has lost business because of the inability of South African banks to source loans…


VTB raises $95m from French bank syndicate

Vneshtorgbank (VTB) has signed a credit agreement with the French banks Societe Generale and BCEN Eurobank in Paris, a deal…


GE Commercial Finance rings the changes

GE Commercial Finance, the equipment, receivables and leasing finance group has appointed Christopher Perretta, 46, vice president and chief information…


World Factoring Yearbook 2004 – Asia Section now available to…

The new and up-to-date analyses of seven Asian factoring markets from the World Factoring Yearbook 2004 are now available to…


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