BCR Latest News

Santos urges SMEs to go into exports

Trade and Industry Secretary Juan B. Santos has urged small- and medium-sized enterprises (SMEs) to maximize their business potential by…


Fortis Lease Group acquires Austria Finanza and Austrolease, the Italian…

Fortis and Bank Austria Creditanstalt Leasing reached an agreement under which Fortis Lease Group will acquire BA-CA Leasing's Italian activities,…


Asset-based lending group at KeyBank announces a new Vice President

Jan Allen Ackley of Mason has been named vice president in the asset-based lending group at KeyBank in Cincinnati. Ackley…


Leadership change in the asset-based lending arm in Bank of…

Bank of America announced a change in leadership in Bank of America Business Capital, the asset-based lending arm of its…


BancoEstado to launch factoring unit in second half of 2005

Chilean state-run bank BancoEstado plans to open a unit specialising in factoring during the second half this year, local press…


Siam City Bank targets small businesses

Siam City Bank introduced SCIB-S, a commercial loan product aimed at small businesses and entrepreneurs. Loans ranging from 300,000 to…


Posco to support small firms

Posco has decided to provide an array of support programs for small- and medium-sized enterprises (SMEs) this year to become…


Credito y Caucion prepares for expansion

Spanish credit insurance company Credito y Caucion is on the verge of receiving authorisation to set up operations in Brazil.…


Yes Bank to raise Rs100cr capital for SMEs business

Yes Bank plans to raise Rs 100-crore Tier II capital through redeemable convertible bonds. The managing director and chief executive…


New programme to bridge lending gap

Financial Markets International (FMI) launched a new programme to bridge the lending gap between banks and small- and medium-sized enterprises…


Surecomp opens Beijing office

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, announced the opening…


Empowered SMEs to benefit from new policies

Small- and medium-sized enterprises (SME's) with strong empowerment credentials are set to benefit by an estimated R280m a year in…


NBS lowers key interest rates

The Slovak central bank (NBS) board has cut its key interest rates. As a result, two-week repo tenders will, as…


Japan government to expand loan guarantee programme for SMEs

The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…


Ultimate Finance Group expects turnover to increase

Ultimate Finance Group expected to be in profit within the year as it unveiled a 79 per cent rise in…


SME Invoice Finance expands sales team for 2005

Guildford based SME Invoice Finance have significantly expanded their sales team with the appointment of Amanda DeCourcy, a former sales…


KBANK to focus on broadening SME base this year

Kasikornbank Plc plans to expand aggressively into the small- and medium-sized enterprises (SMEs) base by setting a target to lend…


Indonesia's bank Danamon to offer 52% more credit this year…

PT Bank Danamon Indonesia will disburse Rp15 trillion (US$1.66m) in new credits this year or a 52 per cent increase…


Central bank cuts interest rate

Cyprus’s central bank cut interest rates by a quarter percentage point on Friday in an unexpected move that dealers saw…


Australia's National Bank expects SME lending to top US$7.91bn

The National Australia Bank Ltd expects its new lending to small- and medium-sized enterprises (SMEs) and large businesses to exceed…


SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…


Aval gets next US$1.8m tranche under EBRD credit line

Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and…


Coface 2004 – factoring business increasing 13%

Consolidated turnover rose 4.3% to 1,130.8 million euros (1.2% at constant consolidation scope and exchange rates) The loss ratio registered…


Improved credit register to provide more data about SMEs

The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…


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