BCR Latest News

UK factor expands London operations

Independent Growth Finance (IGF), the UK invoice discounter, is strengthening its sales team in London and the Southeast with the…


Basel II accord set to change Malaysia's banking landscape

“From the end of 2006, in Malaysia's case from 2008, bankers' elitist image will be pushed further into history, joining…


Asian Development Bank to lend US$40m to SMEs

The Asian Development Bank (ADB) is willing to granting US$40 million worth of loans to help develop the country's small-…


Small business optimism rising – 12% say cash flow a…

Many of the nation’s small-business owners apparently aren’t letting interest rate concerns and geopolitical uncertainty get them down. Their optimism…


India, China discuss credit facilities to boost bilateral trade

For the first time, the Export-Import (Exim) banks of India and China are discussing the exchange of reciprocal lines of…


CBI survey shows first increase in orders for smaller manufacturers…

Smaller manufacturers have seen orders rise for the first time in over three years, with confidence climbing at the fastest…


SME Act sets turnover limits below EC guidelines

Bulgaria has defined small enterprises as companies with annual turnover of up to BGN 5m (Ђ2.5m). Companies with annual turnover…


Polish leasing firm EFL reports record increase in leased assets

Poland's leading leasing company Europejski Fundusz Leasingowy (EFL), the local unit of French banking giant Credit Agricole, had a stellar…


Small- and medium-sized businesses shunning overdrafts for invoice finance.

Leading business finance providers, Bibby Financial Services today reports record rises in the number of small and medium sized businesses…


Lebanon targets money laundering

Central bank governor Riad Salameh announced Lebanon has become a role model for other countries in the region, following the…


New credit line opens finance options for SMEs

Slovakia’s small- and medium-sized enterprises (SMEs) could be on the receiving end of Ђ10m in new credit because of a…


Government support for export credit insurance to rise

China’s vice-minister of commerce Yu Guangzhou has revealed that the central government is considering offering increased support to export credit…


Boeing Capital proves its worth – FT comment

Compared with the glamour and engineering dexterity on display in a tour round one of Boeing's aircraft factories in Seattle,…


SME lending projected to double this year

Small- and medium-sized enterprises (SME) will apply for far more loans than last year, according to a survey conducted by…


Merger on hold for Credit Agricole’s factoring unit

The factoring divisions of French banking groups, Credit Agricole and Credit Lyonnais, have made considerably less progress in merging than…


Miami factoring scam – four plead guilty

Four men pleaded guilty to defrauding a Portuguese bank branch of US$170m through a sophisticated conspiracy that lasted nearly a…


Singapore bank lacks factoring presence, despite BoA buy – analysts

The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…


Chief executive of UK factor resigns ahead of interim results

Potential Finance Group plc, the UK finance company, says the benefits of a recent restructuring of operations first outlined last…


Equifax launches web-based debt and fraud tool for SMEs

Equifax Plc, the business information provider, has launched eDecision, an online credit application processing and scoring solution aimed at providing…


Over a third of SMEs paid same invoice twice –…

Many small businesses are throwing money down the drain by accidentally paying bills twice, with some companies losing up to…


Business failures fall to a six-year low

The number of businesses going bust is set to fall to a six-year low by the end of 2005 as…


UK asset finance volumes set to outstrip US, Germany

The use of equipment investment and leasing is predicted to grow in the US, the UK and Germany in 2004,…


Small businesses to benefit from Sh2.7bn funding

Kenya's fast growing small- and medium-sized enterprises are to receive a crucial boost from World Bank restructuring funding to the…


Chinese exporters urged to increase credit insurance cover

Chinese exporters of farm produce were urged today (May 12) to have their US$16bn worth of agricultural products covered by…


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