BCR Latest News

Roseximbank renamed to DZI Bank

Bulgaria's Roseximbank has adopted the name “DZI Bank,” and will introduce the new corporate logo of the Bulgarian Financial Group…


Average interest rate of bank loans falls

The average interest rate of bank loans drawn down in June fell by 0.23 per centage points, compared to May,…


SCH Elcon sells factoring arm

The factoring and equipment leasing activities of Elcon Finans have been acquired by Societe Generale from a unit of Santander…


EEFE President reports on Russia’s factoring industry

Mikhail Treyvish, President, East European Factoring Association (EEFA) and Chairman, Uralsib-NIKoil, analyses the Russian factoring industry and future trends. Read…


Department of SMEs Director calls for support for SMEs

More efforts should be made to promote the development of small- and medium-sized enterprises (SMEs) in China, said Su Bo,…


SB Corp. loans to SMEs reach P1.4bn in first half…

Small Business Guarantee and Finance Corp. (SB Corp.) lent P1.42 billion to small- and medium-sized enterprises (SMEs) during the first…


Latest analysis of the UK factoring industry

Kate Sharp, Chief Executive, Factors and Discounters Association (FDA), introduces and analyses the UK factoring market, industry environment and future…


OB Heller Factoring announces first half 2004 results

Turnover of OB Heller Factoring, a.s. Bratislava reached Sk2.2bn in the first half of 2004. The company predicts that turnover…


VTB raises over Ђ27m from German bank

Vneshtorgbank (VTB) has raised more than Ђ27 million under a 6.5-year credit agreement with AKA Ausfuhrkredit-Gesellschaft mbH for long-term import…


Top Factoring Professionals Head For Shanghai

Senior executives from the factoring and asset-based finance industries around the world will be gathering in Shanghai from 8 -…


ADB grants to help China finance SMEs

The Asian Development Bank (ADB) has approved a technical assistance grant of US$550,000 to help China to finance its small-…


GMAC Commercial Finance approves US$45m factoring facility

GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel…


Bank to expand exim trade financing

Addressing the members of Bharat Chamber of Commerce here recently, Mr Rajeev Bhargava, head of Trade Services, said that HSBC…


Factoring market grows 73% since January

Ukraine's nascent factoring market is dominated by just two banks and lack of awareness of the profitability of the business…


Sasfin invests in new ABF solution software

Kй Concepts, leader in the deployment of comprehensive credit management solutions and development frameworks for the financial services sector, has…


ECGC in corporate agency pact for export credit insurance products

The Export Credit Guarantee Corporation of India Ltd (ECGC) has arrived at a corporate agency agreement for the marketing of…


Banks lured towards SME financing

The State Bank of Pakistan (SBP), while clarifying its prudential regulations regarding small- and medium-sized enterprises (SMEs), has fixed a…


Accord announces factoring volume increase in Qs 1&2 2004

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, has announced its unaudited consolidated financial…


Another plan to help SMEs

Krajowy Fundusz Kapitalowy (KFK), the country's capital fund should help small- and medium-sized enterprises (SMEs) to obtain funds for investments.…


Small firms take upbeat view of economic outlook

The Small Firms Association (SFA) described the economic outlook for the remainder of the year as positive yesterday, but it…


Taageer Finance announces 85% jump in net profit in first…

Oman's youngest finance company, Taageer Finance Company (SAOC), has posted an over 85 per cent jump in net profit for…


CzechInvest attracts 60 new projects in first half

Czech Invest, the government agency founded to support direct investment in the Czech Republic, attracted 60 new projects worth a…


BPPG responds to late payment research issued by Experian

The Better Payment Practice Group (BPPG) holds the view that action is required by all sectors of the business community…


Demand for finance credit rises

Multifinance loans shot up by 34 per cent year-on-year to Rp42.94 trillion (US$4.77bn) by the end of the first quarter…


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