BCR Latest News

SME finance options improve – BoE report

The financial environment for small businesses has improved sharply over the past decade, with a wide range of financial options…


SMEs optimistic but fear further rate rises

Nearly seven out of 10 (69%) of businesses surveyed in the latest report from the Tenon Forum said that they…


New banking regulation harsh on India’s SME sector

THE Madurai District Tiny and Small Scale Industries Association (Maditssia) has called for evolving policy initiatives to redress the grievances…


Small Firm Loan Guarantee – FDA invites its members to…

Due to new terms and conditions announced in November 2002 (which came into effect in April 2003) FDA members are…


Trade credit insurance; the best defence against company identity fraud

IT Partnerships (ITP), a value added reseller (VAR)* of computer equipment, has warned that credit insurance is the best defence…


A government review of SMEs

The small- and medium-sized enterprise (SME) share of private sector employment in Brunei is high than the US at 59…


Proposed SME funding scheme comes under EU scrutiny

The UK’s proposed funding mechanism to improve capital funding for SMEs, to be called the Enterprise Capital Funds scheme, could…


Banks lending even more to SMEs

Despite the sharp rise in the ratio of overdue loans outstanding at small- and medium-sized companies (SMEs) this year, domestic…


Small business sector liquidity remains strong

Data on banks lending to and deposit taking from small businesses for 2003 showed a healthy picture in the sector,…


FIMBank strategy adds factoring to core product offering

First International Merchant Bank p.l.c. (FIMBank) Group Chairman, Mr Najeeb H.M. Al-Saleh, gave an overview and outlined FIMBank's achievements during…


Laiki Factoring says turnover up in Q1

Laiki Factoring, a subsidiary of Laiki Bank (Hellas) SA, has said its turnover in the first four months of 2004…


Santander Central Hispano sells factoring and leasing business

Santander Central Hispano (SCH) is to sell the leasing and factoring businesses of Norway's Elcon Finans to French banking group…


Insolvencies in the first quarter 2004

Statistics showing insolvencies in the first quarter 2004 were published today by the Department of Trade and Industry (DTI). COMPANY…


World Bank sets aside US$225m for African SMEs

International Finance Corporation (IFC), the private sector lending arm of the World Bank, has unveiled plans that would see East…


Capital Factors names new western regional manager

Capital Factors, Inc., one of America’s leading factoring companies, announced the appointment of veteran factoring executive Harold I. Dundish as…


Why factoring could be about to take off in Romania

“Factoring in Romania is still at an early stage: the beginnings go back only to 1995 when one of the…


GE Commercial Finance Ltd appoints new regional manager, South West

GE Commercial Finance Ltd. (GECF), a leading UK provider of business finance solutions, today announced the appointment of Anthony Newman…


New Atradius CEO announced

Wilfried Verstraete, has been appointed as the new CEO and Chairman of the Management Board of Atradius, a leader in…


IIG Capital LLC grants US$3m receivables credit facility to Mighty…

IIG Capital LLC, the New York-based trade finance company, has provided a US$3 million credit facility to Genio Group, Inc,…


Phare to share out EUR 58 million among SMEs

A new EU accession country investment fund (Phare) launched on April 30, is ready to grant EUR 58 million to…


GE Commercial Finance Ltd funds technology acquisition

GE Commercial Finance Ltd (GECF Ltd), a leading UK provider of business finance solutions, announced today that it has provided…


Bank Of America announces new name and senior management for…

As a result of the merger of Bank of America Corp. (BAC) and FleetBoston, the companies have combined the asset-based…


The Grand Hotel Parco dei Principi, Rome – update

BCR has spoken to staff at the Grand Hotel Parco dei Principi in Rome, the venue for BCR’s recent international…


Medium-sized banks targeting medium-sized companies

Nordea Bank Polska, Raiffeisen Bank Polska, WestLB Bank Polska, and NordLB Polska, among others, all look poised to pursue more…


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