BCR Latest News

Sweeping bank reforms aimed at boosting economic growth

Jing Shuping, once branded a "reactionary capitalist" in the Cultural Revolution and banished to a farm, was instrumental in persuading…


Latest Bank of England and European Central Bank decisions on…

THE BANK of England resisted calls for a cut in interest rates to offset signs of a slowdown in consumer…


Brightpoint Australia signs up to USD 29m asset-based credit facility…

Brightpoint, Inc. (NASDAQ:CELL) announced today that its Australian subsidiaries, Brightpoint Australia Pty Limited and Advanced Portable Technologies Pty Limited, entered…


Japan dangles cheap loans and credit insurance as bait for…

Japan is courting Russia to build a Siberia-to-Pacific pipeline, assuring the Russians the Japanese economy will have the capacity to…


CIT Commercial Services factoring relationship with fashion design house develops…

CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…


SITEL renews 3 year $50m credit facility against receivables on…

SITEL Corporation (NYSE: SWW), a leading global provider of outsourced customer support services, today announced it has closed a three-year…


Coface strengthens credit insurance presence through completed CNA Credit Acquisition

French credit insurer Coface said it has completed its acquisition of CNA Financial Corp.'s (NYSE:CNA) CNA Credit, a division of…


New survey indicates some key attributes of successful commercial financiers

CapitalStream and Northern Consulting announce the release of the 2003 Commercial and Equipment Finance Survey Report focusing on what banks…


UK business profitability levels fall sparking fear of more insolvencies

Profitability levels of private non-financial corporations in the UK, have fallen to their lowest levels since 1994, adding credence to…


Listing of hundreds of companies on Thai Stock Exchange offers…

As many as 300 companies are ready to list on the Stock Exchange of Thailand, according to Twatchai Yongkittikul, secretary-general…


Budget should look to modify credit norms for SSIs

The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…


Gaelic Cashflow Finance – buy out

Robin Russell, managing director, co-leads a new team at Gaelic Cashflow Finance with John Doyle – now chief operating officer,…


Analyses on credit insurance markets in China, Denmark, France, Germany,…

BCR has today added to its factorscan website seven articles on private and public credit insurance markets in China, Denmark,…


International study shows UK business owners optimistic for 2003 but…

UK business owners are more optimistic about the economic outlook and their own business prospects for 2003 than most of…


Receivables management firm partners with Experian to offer online credit…

Vengroff, Williams & Associates Inc. (VWA) today announced it has partnered with Experian, the leading provider of custom credit scoring…


Canada supports small and medium enterprise development in Bangladesh

Susan Whelan, Minister for International Cooperation, today announced that Canada, through the Canadian International Development Agency (CIDA), will contribute Can$9.4…


Small business to benefit from joint EDC and Desjardins foreign…

Caisse centrale Desjardins, the financial agent for Desjardins Group, is offering its small business members a chance to increase their…


Med Diversified receives bankruptcy court approval for post-petition factoring financing

Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved…


Bank of America completes first syndication of asset based credit…

The European Business Credit Group of Bank of America (BABC) has today announced that it has completed the syndication of…


Financing and factoring firm lists shares on PSE

The Philippine Stock Exchange marked its first full week of trading this year with the listing of Makati Finance Corp.,…


Catalan fund to help SMEs prepares three new investments for…

FonsInnocat, the capital risk fund of the regional government of Catalonia, Spain, created in May 2002 to help innovative SMEs,…


Analyses on credit insurance markets in Canada, Australia and Austria…

BCR has today added to its factorscan website three articles on private and public credit insurance markets in Canada, Australia…


An overview of GE Capital’s changing relationship with General Electric

The Financial Times reported today on GE Capital’s changing relationship with its parent, General Electric. Last year GE Capital, once…


Number of SMEs falls

The number of small and mid-sized enterprises (SMEs) opening for business in November fell both from the previous month and…


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