BCR Latest News

China Construction Bank joins hands with China Export & Credit…

China Construction Bank (CCB) and China Export & Credit Insurance Corp. (CECIC) have signed an overall cooperation agreement and a…


Progress in the sale plans for Gerling NCM

Gerling-Konzern, the struggling German insurance group, is reported finally to be making some headway in the planned sale of Gerling…


Britain’s export sector remains buoyant according to research findings

Despite a strong pound, weak stock market and the continuing political uncertainty in the Middle East, Britain’s export sector remains…


GMAC Commercial Finance funds Ј5 million management buy-out of UK's…

GMAC Commercial Finance, the UK's largest independent invoice finance and asset based lending specialist, has agreed to a Ј5m refinancing…


The Irish Small and Medium Enterprises Association’s spring 2003 business…

Key Points · Business confidence continues to deteriorate with half of SMEs less optimistic about business prospects. · 37% of…


SMEs better placed to ride out any recession with shift…

Small businesses are better placed to survive the current downturn than they were during the last UK recession, according to…


Banco Comercial Portugues income up 36%, leasing and factoring boost…

Banco Comercial Portugues has reported net income for the first quarter of 2003 at Ђ95.6m, 36.7% up from the last…


Muscat Finance profits grow

Muscat Finance Co Ltd, which is operating in three main areas such as retail financing, equipment leasing and factoring and…


Congress Financial Corp in US$40 million asset-based revolver and acquisition…

DrugMax, Inc. has announced that the company has secured a three-year, US$40m credit facility with Congress Financial Corp., a subsidiary…


Karnataka SSIs top in Credit Guarantee Fund intake

Of the Rs 95 crore credit that the Credit Guarantee Fund Trust For Small Industries (CGTSI) has disbursed, Karnataka leads…


Canbank Factors registers a solid performance

The company registered good financial performance in the nine-month period ending December 2002. The funds deployed during this period grew…


Martin Risman appointed new sales and marketing leader at GE…

GE Commercial Finance has announced the promotion of Martin Risman as the new sales and marketing leader based in the…


Grim figures from Irish Small and Medium Enterprises organisation survey

The latest business confidence survey from the Irish Small and Medium Enterprises organisation, ISME, was published this morning. The results…


Margrith Lьtschg-Emmenegger joins FIMBank

Margrith Lьtschg-Emmenegger, formerly MD and global head of forfaiting at WestLB in London has decided to call it a day…


Lloyds TSB reports small increase in profit

Lloyds TSB has released its director’s report and financial statement for year ended 31 December 2002. The report shows the…


US$40 million joint investment fund for SMEs in Association of…

The Asia Development Bank (ADB) has approved a US$15m equity participation in a new private equity fund that provides capital…


Deutsche Bank blocks deal to save part of Gerling

Deutsche Bank, the German bank, has called a halt to the takeover of Gerling NCM by Swiss Re. The only…


Bankruptcies fall but danger ahead

Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank,…


Briar Capital opens for inventory and accounts receivables financing

Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…


Bank of America’s Business Credit Europe wins award

Bank of America, Business Credit Europe won European Venture Capital Journals’s award for asset-based finance provider of the year in…


Latest statistics from Factors Chain International

Worldwide factoring industry experiences healthy growth despite difficult market conditions Fresh statistics for 2002 show a 4% growth for worldwide…


Easing cash flow for small firms

Small businesses in Japan are having severe cash-flow difficulties, even though the Bank of Japan (BoJ) is pumping plenty of…


Banks snub SME loan programme of government, which now plans…

Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…


Senior factoring representatives from all over Europe meet at BCR’s…

The capital city of Denmark, Copenhagen, was the location for this year’s BCR Receivables Finance International European conference. Running from…


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