BCR Latest News

SME profitability hit by rising costs – CBI

The Bank of England's attempts to cool the economy is hampering the recovery of smaller manufacturers, according to a survey…


Over SKK1.7bn distributed to support SMEs

The Labor, Social Affairs and Family Center (UPSVR) distributed altogether SKK1.738 bn last year as a non refundable subsidy for…


Small businesses get major banking boost from EU Guarantee Fund

State bank Bank Gospodarstwa Krajowego (BGK) is launching the EU Guarantee Fund (FPU) which will eventually have a capital of…


Key interest rate lowered

The Bank of Korea unexpectedly cut the key interest rate by a quarter of a percentage point. It is the…


Company doubles its funding capability in deal with EUROFACTOR

The Giffen Group, a highly successful and versatile electrical contracting company operating largely in the railway industry, has more than…


FCI announces Factor of the Year 2004

Factors Chain International (FCI) announced the winners of its three coveted annual awards during the 36th FCI Annual General Meeting…


Newcomers to move into factoring market

There are 16 factoring companies in the Mexican factoring market, the largest of them being Factor Banorte, Heller Financial and…


NBU forecasts FDI to exceed $2bn in 2004

According to the Finance Ministry's calculations, payments to reimburse foreign state debt of Ukraine will be covered from new borrowings…


PhilEXIM lending soars

Philippine Export-Import Credit Agency's (PhilEXIM) total loan releases grew more than three times during the first half at P159.08 million,…


Trade regulations

The export-import policy (EXIM policy) governs the import of goods into and export of goods out of India. The EXIM…


Tour operator in administration cites credit factoring

Shares in the Italian tour operator Compagnia Italiana Turismo (CIT) plunged 10.36 per cent yesterday in Milan on the news…


Economic recovery slows

Japanese economic growth fell far short of expectations in the past quarter, new figures showed on Friday, casting doubt on…


Hong Kong banks’ prime rates decisions

Hong Kong banks chose to keep their prime rates or lending rates steady, resisting pressure set by the hike in…


First Business Financial Services, Inc. announces plans for future growth

First Business Financial Services, Inc. has announced plans to file as a public company with the Securities and Exchange Commission…


Sociйtй Gйnйrale to reorganise European factoring subsidiaries

Sociйtй Gйnйrale, the French banking group, says it plans to coordinate its European factoring activities, creating a "federation" of factoring…


Bank of England signals rates are near peak

The Bank of England has signalled that interest rates are near their peak, suggesting that only one or two more…


Ghana announces Italian 10 million euro SME fund

Mr Kwamena Bartels, the Minister for Private Sector Development, announced the launch of a Ђ10 million Italian Government credit facility…


EFIC provides US$16.5 million bonding facilities for engineering project

Export Finance and Insurance Corporation (EFIC) has today announced it will provide bonding facilities of up to US$16.5 million in…


Exim Banks in business alliance pact

The Export-Import Bank of Korea (Exim Bank), the country's state-run trade bank announced yesterday that it has signed a business…


Ex-Im Bank authorises US$600 million to support exports to Mexico

In the first three quarters of fiscal year 2004, ending 30 June 2004, the Export-Import Bank of the United States…


Businesses must ensure they protect against non-payment when exporting

Fortis Commercial Finance says preparation is essential for fast-growing businesses. In the last few years there has been a huge…


New regional managing director for Cattles Invoice Finance

Cattles Invoice Finance has strengthened its northern team with the promotion of Wayne Smith to regional managing director for the…


New board director for Venture Finance

Venture Finance, a leading invoice and asset-based financier, has announced the promotion of Sandeep Nighoskar to its Board. Sandeep’s new…


Ex-Im Bank launches new foreign dealer insurance product

The Export-Import Bank of the United States (Ex-Im Bank) has introduced a new type of insurance policy that covers financing…


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