BCR Latest News

Franz Michel of Allgemeine Kredit Coface Finanze shares his views…

An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF),…


Credit insurer refunds $6.5m to overcharged customers

Assurant Group companies have agreed to return about $6.5 million for charging what Maryland's insurance commissioner calls excessive rates for…


Legal suits against US factor gather pace

Three pastors and a church employee have joined a growing list of inland investors looking to the courts to recoup…


HK wants more investment from mainland SMEs

The Hong Kong Trade Development Council (TDC) has proposed relaxing restrictions to encourage more mainland private enterprises to invest in…


SMEs are the cornerstone of Philippine economic agenda

The trade secretary of the Philippines, Cesar V. Purisima, yesterday said more people should start up small- and medium-sized enterprises,…


SME’s export worth declines

Taiwan’s small and medium-sized enterprises (SMEs) have experienced a continuous annual decline in both export value and export ratio in…


Invoice finance firm strengthens management team

Independent Growth Finance (IGF), the UK invoice finance company, is strengthening its client management team in the south of England,…


Mid-sized firms not optimistic on growth

Mid-market firms in Wales are the least optimistic in the UK when it comes to business growth over the next…


Public company bankruptcies are at lowest number in six years

Approximately 110 public companies will file for bankruptcy in 2004, substantially fewer than in any of the past six years,…


Small businesses more vulnerable to bad debt – Atradius

The risk of bad debt is an inevitable fact of business life; however, the impact of a major irrecoverable loss,…


EFIC – (quietly) advancing Australia's exports

Most Australians won't have heard of the Export Finance and Insurance Corporation (EFIC), but they own it. If, in the…


Government creates new export insurance

Ecuador's government has created a new credit insurance to protect domestic exporters and to provide increased information about buyer's credit…


SMEs need stronger business proposals to win bank loans

Members of institutions supporting small- and medium-sized enterprises (SMEs) development set the record straight to the apparent ongoing perception among…


Syndicate in US$35m export finance facility

Brazilian Banco Santos has obtained a US$35m secured revolving export finance facility from a syndication of international financial institutions, according…


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…


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