BCR Latest News

Funds to boost SMEs

Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…


Commercial credit managers given boost – business confidence up for…

Commercial credit managers have been given a boost by the news that business confidence has risen for the third quarter…


Ex-Im Bank announces top lenders 2003

The Export-Import Bank of the United States (Ex-Im Bank) has announced its top lenders for fiscal year 2003, ranked by…


BoM to pick up IFC's 10% stake in Global Trade…

Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade…


FDI in Poland up to US$ 6.42 billion

Foreign companies invested US$ 6.42 billion in Poland last year. The fall in foreign direct investment (FDI) stopped in 2003.…


Ministry allocates US$12 billion to SMEs

The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…


IFC convenes conferences on SMEs

The North Africa Enterprise Development (NAED), a regional small- and medium-sized enterprise (SME) business development facility programme managed by the…


Indicator of small-business financial health worsens in Q1

The ratio of overdue bank loans owed by South Korea's small- and medium-sized businesses (SMEs) rose 0.7 percentage point to…


Venture Finance profit surges in ‘difficult’ times for clients

Venture Finance plc have released their results for the year to 31 December 2003 showing a pre-tax profit of Ј6.20…


Bumiputra-Commerce signs pact to speed up loan approvals for SMEs

Small- and medium-sized enterprises (SMEs) have been promised faster loan approvals by Bumiputra-Commerce Bank Bhd (BCB). The bank has signed…


Malaysian banks to adopt two-phase approach to Basel II

Malaysian banks will adopt a two-phase approach in complying with the Basel II Capital Accord, says Bank Negara Malaysia’s governor.…


Regional businesses in dire need of reform

The 14th International Scientific Conference, entitled “Development Horizons for Small- and Medium-Sized Enterprises” (SMEs), was held on 13 April. The…


Survey finds SMEs optimistic but held back by red tape…

Results of a survey commissioned by leading invoice and asset-based financier, Venture Finance PLC, show that 73 per cent of…


New head for Wachovia’s asset-based syndicate

Wachovia has announced that Barry Bobrow has joined the loan syndications group as managing director and head of the asset-based…


Asset-based lending on the up according to LTSB Commercial Finance

More businesses are borrowing using asset-based lending (ABL), according to new statistics from Lloyds TSB Commercial Finance. The company increased…


SME cash flow concerns increase as expected business growth leads…

According to the OPEN Small Business Network 2004 Semi-Annual Monitor from American Express, new hiring is driven largely by growth…


United Base to help SMEs procure loans

United Base Consultancy Sdn Bhd, the financial consultant specialist, is keen to assist small- and medium-sized enterprises (SMEs) in procuring…


Financial institutions need to offer more support to small businesses

The president of the Barbados Small Business Association, Senator Sandra Husbands is calling on financial institutions to offer more support…


SME’s are the backbone of the EU’s economy

European Union ambassador to Malta Ronald Gallimore yesterday said that small- and medium-sized enterprises (SMEs) were the backbone of the…


Ultimate Finance to raise Ј495,000 via share placing

Ultimate Finance Group PLC, which provides cash flow funding for small to medium-sized businesses, said it will raise around Ј495,000…


SME sentiment indicator remains stable

French business sentiment remained stable in March compared with a month earlier, according to a survey of around 450 small-…


KSFC loans touch Rs 301 crore; plans to focus on…

The Karnataka State Financial Corporation (KSFC) assisted 1,300 new enterprises from various sectors during 2003-04, according to the managing director…


No improvement in plc payment performance

The payment performance of over 2,700 plcs, including some of the UK's largest household names, has been published by the…


Atradius opens branch in the Czech Republic

Atardius started operating officially in the Czech Republic yesterday. “We see enormous growth potential on the Czech market as the…


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