BCR Latest News

S&P Risk Solutions rank European banks’ SME defaulted loans recovery…

UK banks have a far better recovery rate for defaulted loans to small- and medium-sized enterprises (SMEs) than those in…


ADF increases support to African SMEs

The African Development Fund (ADF) has strengthened its support of small- and medium-sized enterprise (SME) development in Africa through a…


The challenges and opportunities in the banking sector

The UAE's banking sector is faced with several important issues once again. Anis Al Jallaf, chief executive and managing director…


Cash offer for Dynamic Commercial

Aim-listed Dynamic Commercial Finance has rejected a cash offer from Enterprise London plc at 107p a share. Traders have speculated…


Arbuthnot sees profits rise in 2003

Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…


Legislation for factoring services urged

SBI Factors and Commercial Services Pvt Ltd has called for a separate legislation for factoring services. At present a factoring…


Export-Import Bank of China opens new branch

The Export-Import Bank of China (China Exim Bank) established a branch in Qingdao in East China's Shandong Province on Friday.…


Interim report on Small Firms Loan Guarantee

Teresa Graham of Baker Tilley has produced her interim report and response to submissions on the Small Firms Loan Guarantee…


Exim Bank names lead managers for Euro bonds sale

The Export-Import Bank of India has appointed Citigroup and Deutsche Bank to sell its five-year bonds in the overseas market.…


Factoring grows despite better access to bank loans

Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more…


Al Tomooh scheme expands to Sharjah

Al Tomooh, the Small Businesses Finance Scheme established by Emirates Bank is expanding its services outside Dubai. At a recent…


Abbey National sells asset finance unit

Abbey National Plc has agreed to sell asset finance and leasing businesses to a unit of ING Groep NV, as…


Cases of suspected money laundering rise

The number of cases of suspected money laundering reported by financial service companies increased sharply this year, the Korea Financial…


Standard Chartered Bank focuses on SME sector

The Standard Chartered Bank (StanChart) plans to focus on the SME sector in the next couple of years after gaining…


Local bank receives EUR30 million EIB loan for SME finance

The European Investment Bank (EIB) has provided a Ђ30 million global loan to K&H Bank to finance small- and medium-sized…


Ernst & Young comments on the Enterprise Capital Funds

The UK government's Small Business Service (SBS) is not doing enough to help small businesses or the investors willing to…


Bank plans to expand network and open factoring operation

HVB Bank Hungary will expand its network to 100 branches at a cost of HUF10bn (Ђ39.5m), CEO Matthias Kunsch announced…


Arroyo seeks more lending for SMEs

The Arroyo administration wants to triple government and private sector lending to small- and medium-sized enterprises (SMEs) in order to…


Dynamic powers to first profit

Dynamic Commercial Finance plc, the factoring and invoice discounting company founded in 2000, has reported a pre-tax profit of Ј206,000…


Financial veterans launch new asset-based lending venture

A new asset-based lending firm has been founded by long-term Dallas lenders James E. Casper, Michael D. Haddad and Jim…


Finance expert to lead new Enterprise Finance Europe regional team

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has appointed one of the region's best-known corporate finance…


Private sector close to finalising first SME loan-backed asset-backed securitisation

Inderjit Singh, chairman of the Action Crucible for Financing, said today Singapore is putting finishing touches to its first asset-backed…


Aid programmes revive export finance

Export credits are being revived through aid programmes recently established by Australia, EU members and Japan. Vietnam and the EU…


Factoring executive gets four-year sentence for fraud

An executive of National Century Financial Enterprises Inc. will spend four years in jail for her role in the alleged…


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