BCR Latest News

Dhanamitr plans IPO

Dhanamitr Factoring Plc plans to go public in the next few months to raise funds through an initial public offering…


EUROFACTOR strengthens new business team

EUROFACTOR has announced that John Dodsworth has joined its new-business team in London and the South East as regional commercial…


Griffiths announces Ј0.5m for business incubators from DTI

Small Business Minister Nigel Griffiths congratulated 31 organisations which are receiving nearly Ј500,000 of grants to help set up business…


The Banking Council of South Africa has moved

The Banking Council’s move to Sunnyside Ridge Park in Parktown (close to the Sunnyside Park Hotel) is now complete. The…


Euler Hermes raises stake in credit insurer

Euler Hermes, the French credit insurance company, confirmed on Friday that it has increased its stake in the Portuguese credit…


Corporate financial strategies in Venezuela

The sudden plunge in interest rates over the second half of 2003 has led to a resumption of corporate borrowing…


Lender confidence and bank competition boost number of loans

Small- and medium-sized enterprises (SMEs) have finally found a way to get hold of bank loans. Banks have reported an…


Foreign investment slide troubles Spain

Spain’s foreign direct investment (FDI) has dropped for a third year due to competition and an outdated low-cost labour strategy.…


Late payments and defaults from overseas down in Q2 –…

Hong Kong firms reported fewer late payments and defaults from overseas in the second quarter as the global economy improved,…


Latvian loan market continues to grow

The volume of loans issued by Latvia’s commercial banks has grown by 20 per cent in the first half of…


SZRB reports H1 profit before taxes

The Slovak Guarantee and Development Bank (SZRB) made a profit before tax of SKK 276.09 million (Ђ6.93m) in the first…


Developing countries need a business boost

Though SMEs may not be as prevalent in developing countries as they are in wealthy nations, a significant number of…


Alabama bank exits export lending business

According to sources familiar with the situation, Compass Bank is getting out of export lending. The bank's structured trade finance…


Over 1,200 SMEs queue for listing on Shenzhen second board

Over 1,200 small Chinese firms are now queuing up for share offers on the Shenzhen second board for small- and…


EFIC/ABL alliance to create opportunites for Australian exporters

Australia’s export credit agency, Export Finance and Insurance Corporation (EFIC) and leading business group Australian Business Limited (ABL) have signed…


Lithuanian factoring sales up by 30%

The Lithuanian Leasing Association has reported that the sales of factoring services went up by almost 30 per cent in…


Insolvency statistics for Q2 2004

Quarterly figures for company and individual insolvencies were published today. The figures show company insolvencies have fallen when compared to…


Latvian factoring market expected to grow strongly

The leasing and factoring portfolio of members of the Latvian Lessors association reached LVL 356.6 million in the first half…


KPMG report finds increase in level of fraud

The level of fraud is on the increase according to the latest research from accountant KPMG's fraud barometer. The figures,…


Euler Hermes increases turnover

Euler Hermes first half 2004 consolidated turnover came in at Ђ955.7 million, up 2% on published turnover of Ђ936.8 million…


Dynamic Commercial Finance plc board changes

The following statement was issued by the London Stock Exchange’s Regulatory News Service on Wednesday, 4 August 2004: “Following the…


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…


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