BCR Latest News

Bank of China ranks 7th in world's export factoring

Sources from the Bank of China (BOC) said that, according to statistics published by Factors Chain International, BOC ranked seventh…


Alternative medical treatments firm looks to receivables finance to help…

Hard to Treat Diseases Incorporated (HTTDS) announced today the targeted market for the Holistic Product T-19(R). According to the National…


Court decision clears the way for Gerling to sell reinsurance…

Germany's Gerling Group announced that the Hessen Higher Administrative Court in Kassel has dismissed an appeal by BaFin, the German…


Ministry of Economic Affairs targets SMEs

Taiwan has always been a breeding ground for economic growth and innovation. Now, facing the dual challenges of the SARS…


GERLING NCM launches new trade sector forums for brokers

GERLING NCM, one of the world's leading credit insurance and receivables management companies, launched the first two in a series…


SME financiers EquinFin and Celtic Capital sign merger agreement, aim…

EquiFin, Inc. (‘the Company’) (AMEX:II and II,WS) today announced the signing of a definitive merger agreement providing for the anticipated…


Hard-pressed English regions predict modest pick up in business –…

Firms are predicting a modest pick-up in business in eight out of nine English regions after spending most of the…


SARS lowers growth of industrial profits in May but year…

The growth of profits of Chinese industrial enterprises in the first five months of the year was 12.9 percentage points…


Fortis Lease launches five-year plan

Fortis Lease plans that, by 2008, it will have a subsidiary in every country where there is a Business Centre…


Help for unsecured creditors 'a token gesture'

A shake-up in the insolvency regime aimed at helping unsecured creditors will amount to little more than a token gesture,…


Hall Kinion announces completion of new receivables-based credit facility

Hall, Kinion & Associates, Inc. (Nasdaq: HAKI), The Talent Source®, announced today that it signed an agreement for a $16.0…


Factoring companies foresee growth in 2003

The 11 factoring companies belonging to Mexican factoring association AMEFAC expect that their monthly credit operations in 2003 will exceed…


Mobile operator raises US$530m including credit insurance provided by Hermes…

Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by…


Bajaj Allianz to enter credit insurance business

Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…


Ashok Leyland Finance raises Rs 1bn from mutual funds and…

Ashok Leyland Finance has raised Rs 1 billion by securitising some of its receivables from hire-purchase schemes and loans for…


Johannesburg Securities Exchange to target listing of small- to medium-size…

The Johannesburg Securities Exchange (JSE) yesterday moved to promote black-owned companies by announcing plans to launch Africa's first alternative exchange…


Small firms dominate economy but struggle with a lack of…

Small enterprises dominate the Polish economy, constituting more than 99% of all active companies. According to a report on the…


Small firms shop around for best borrowing deals

Small businesses in Australia have become very active in seeking creditors and pursuing better deals to fund the continued growth…


iBX Group buys NursesSTAT™ to integrate healthcare staffing and factoring…

iBX Group, Inc., (OTC Bulletin Board: IBXG) announced today that it has finalized the acquisition of NursesSTAT™, a leading-edge medical…


African multilateral import and export credit insurance agency to insure…

Creditors exporting to African property companies will be insured for the first time against terrorist attacks. The African Trade Insurance…


SMEs optimistic about business in the latest Bank of Scotland…

· Four out of five owner-managers believe their business will be better off or remain the same in the next…


Stronger exports boost trade insurance demand

Stronger exports in Argentina have boosted the demand for trade insurance, which is likely to grow between 20% and 30%…


German link extends Bank of Ireland SME services

BANK of Ireland Business Banking has completed a special Ђ300m funding arrangement with KfW (Kreditanstalt fr Wiederaufbau), the German state-owned…


Fogape auctions US$77m small company loan guarantees.

Chile's state-sponsored loan guarantee fund Fogape has auctioned a total of US$77m in loan guarantees for small company lending to…


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