BCR Latest News

Lack of credit confronts SMEs

Lack of credit facilities has been identified as a major constraint confronting small- and medium-scale enterprises (SMEs) in the country.…


Asian SME sector looks to four areas for growth

Four priority industries are being seen as potential champions for small- and medium-sized enterprises (SMEs) by the Darussalam-Indonesia-Malaysia-the Philippines East…


Loans to SMEs increased

The banking system extended RM74 billion in loans to 125,000 small- and medium-sized enterprises (SMEs) over the past two years,…


Regulator warns of rise in bad loans, SMEs particularly vulnerable

South Korea's financial regulator has warned that bad loans at local banks may rise again after a fall in the…


Banks allowed to buy more SME receivables

The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale…


Banks urged to play active role in solving SME credit…

Financial Supervisory Commission chairman Yoon Jeung-hyun on Thursday called on domestic banks to take a more active role in leading…


MCA President calls on members to play greater role to…

MCA (Malaysian/Chinese Association) President Datuk Seri Ong Ka Ting Tuesday urged the party members to play a greater role in…


SMEs loans on the rise

Small and medium enterprises’ (SMEs) loans have been on the rise and account for about 40 per cent of the…


Customised credit programme comes to the aid of SMEs

New loans are being made available to small- and medium-sized enterprises (SMEs) which have been suffering from a drought of…


Fortis looks to new products, markets to halt losses

Fortis Commercial Finance (FCF), the UK factoring and invoice discounting provider, has reported a 122 per cent increase in pre-tax…


SMEs fail to notice taxation changes

Just 7 per cent of SMEs claim to have benefited from this year's Budget, according to a survey of 500…


Bank eases export finance rates by 25bps

Syndicate Bank, the Indian finance group, has announced a series of ‘softer’ loan terms to exporters with good track records.…


Tax breaks for corporates approved

The Thai government announced this week three tax amendments aimed at improving competitiveness within mid- to large-sized companies. The first…


World’s largest factor names new boss

CIT Group, the global leader in working capital finance with $50bn in assets under management, has appointed Rick Wolfert as…


Base rate cut by 50bps

The Monetary Council of the National Bank of Hungary Rt (MNB) has cut the central bank base rate by 50…


Risky Business – Protecting your company from fraud

Law firm Hammonds is to present a ‘Fraud in the workplace’ seminar on September 7 in London. The focus of…


Credit ‘blacklist’ to be scrapped

The Korean government is planning to end the blacklisting of credit delinquents by the end of the year, the Ministry…


Bank to offer SMEs wider credit options

BRD - Groupe Societe Generale, the Romanian-French banking group, said it would grant small and medium-sized enterprises (SMEs) leu and…


SMEs upbeat on output, exports

The Finnish Confederation of Industry and Employers, TT, said its index measuring the business cycle outlook for small- and medium-sized…


Factor sees fall in income for Q2 2004

Siam General Factoring Plc (SGF), the Thai factor, has reported a net profit of Bht 86.33m for second quarter 2004.…


Factors lose out on Parmalat creditor list

Factoring companies that supplied working capital finance to subsidiaries of Parmalat will receive nothing in compensation, according to Enrico Bondi,…


Dutch grant for Mozambique SMEs through PSOM

According to the national news agency, AIM, Holland has pledged a grant of Ђ2 million to finance projects involving small-…


Government to formulate programme and financing for SMEs

The International Trade and Industry Ministry (Miti) has identified new services areas to be promoted through its agencies. These areas…


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