BCR Latest News

Mizuho Bank to offer securitisation of receivables to SMEs

Mizuho Bank, part of the Mizuho Financial Group, will launch a comprehensive securitisation service for midsize companies, aiming to increase…


Timeframe for Basel capital accord

The Bank of Thailand will finalise the timeframe under which local commercial banks must comply with the new Basel capital…


Safety net finance for SMEs reduces business failure figures

A recent fall in Japanese corporate bankruptcies owes more to an increase in state support for struggling small companies than…


Euler Hermes signs cooperation agreement with Russia’s fourth-largest insurer

French credit insurer Euler Hermes, a unit of AGF-Allianz, said it signed a cooperation agreement with Russia's fourth-biggest insurer Rosno,…


BNP Paribas plans entry into Turkish banking market through strategic…

BNP Paribas announced that it has agreed to explore a strategic partnership in the Turkish banking sector with the Зolakoрlu…


Survey shows SMEs fail to do financing homework

According to the latest Bibby Financial Services small business survey, the three biggest problems facing owners and managers today are…


BRD announce first 5 months volume figures

In the first five months of the year the volume of domestic factoring operations of BRD – Groupe Sociйtй Gйnйrale…


EIB lends 70 million euro for small businesses

The European Investment Bank (EIB) granted a loan on 6 July of Ђ70 million to Italian bank Banca Sella and…


Venture Structured Finance provide asset-based funding for freight and logistics…

Venture Structured Finance PLC, the Cambridge-based asset-based lender, has provided funding for the takeover of pioneering global freight and logistics…


Fortis’ survey shows European businesses’ growing optimism

Businesses in Europe expect the economic climate to improve in the next twelve months. Polish companies are the most optimistic:…


Graduate start-ups fall behind European and the US

A country's record on business start-ups is usual seen as a key indicator of the economy's health. But when it…


Government discusses ways to boost SME bank loans

Government agencies met at the central bank last week to discuss ways to spur banking lending to SMEs, which remains…


Factoring – global growth and its potential in Eastern Europe

Marie-Renйe Bakker and Leora Klapper, of the World Bank and Gregory F. Udell, of Indiana University, explore the advantages of…


Welsh SMEs urged to tap into Ј1.2m funds

Funding for small- and medium-sized businesses is being launched on Anglesey. The Ј1.2m Business Development Fund (BDF) aims to strengthen…


Up-to-date report and analysis of the country’s factoring industry

“In line with the country’s continued economic recovery in 2003, the factoring industry achieved growth…” To read the World Factoring…


Dynamic accuses hostile bidder

Dynamic Commercial Finance, the Aim-traded factor and invoice discounter, has accused its hostile bidder of trying to gain control on…


Kasikorn Bank considers factoring and leasing acquisitions

Kasikornbank Plc (KBANK said yesterday it was still undecided about the possible acquisition of a finance, securities and leasing company,…


CBI and IoD welcome BoE interest rate freeze but warn…

Reacting to the Bank of England's decision to leave interest rates unchanged, CBI chief economic adviser Ian McCafferty said: "The…


Profits show steep decline at RDM Factors

RDM Factors has reported a 38 per cent fall in full year net profits for 2003. The independent UK factoring…


BoE leaves rates on hold; manufacturers pleased but fear future…

The Bank of England has decided to leave interest rates at 4.5 per cent for July. Rates were left unchanged…


Working capital finance is getting squeezed, says bank chief

One result of China's macroeconomic adjustments is working capital loans are being squeezed slightly more than investment loans, the head…


Interest rate decision reflects ‘wait and see’ approach from central…

Signs of a slowing housing market and a looming federal election have kept Australian interest rates on hold for more…


Alpha Bank reports 34pc increase in factoring

Alpha Bank, the Greek finance group and owner of the country’s largest factor – ABC Factors – has reported a…


SME cash flow crisis – banks told to give firms…

The Financial Supervisory Commission (FSC) has this week pressed financial institutions not to aggressively retrieve loans extended to small- and…


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