BCR Latest News

CIT Employees’ Options at Risk.

The New York Times reported this week that several thousand workers for CIT would forfeit any unvested options as soon…


Annual Accounts show Bibby Enjoyed Another Year of Sustained Growth

The annual accounts for the year ended 31 December 2001 show that Bibby Financial Services Limited has enjoyed another year…


Fortis Commercial Finance Appoints Lawson Dodd to Handle PR

Lawson Dodd has been appointed to handle the PR. for Fortis Commercial Finance Limited. The finance company is part of…


Tyco Plans 100% Public Offering of CIT Group

Having failed to find a suitable buyer, Tyco International Ltd., intends to sell 100% of CIT Group, in an initial…


American Community Bancshares Inc. Announces Results for Latest Quarter

29 April 2002: American Community Bancshares Inc. Announces Results for Latest Quarter American Community Bancshares Inc., the holding company for…


Euler & Hermes Group Attribute Reduced Earnings to Decrease in…

The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…


CIT Reports Second Fiscal Quarter Results

CIT Group Inc., a subsidiary of Tyco International Ltd. and parent of CIT Commercial Services, today announced second fiscal quarter…


Nedcor Bank to Buy BOE Ltd

It has been reported on the business news service, Zephus.com, that Nedcor Bank Ltd is to buy BOE Ltd in…


Top Taiwanese Company Moves Premises

The Chailease Finance Cooperation, Taiwan’s market leader in international factoring, today announced they are relocating to new premises. From 29…


Fitch Affirms Banco Santiago and Banco Santander Chile's Ratings

Fitch, the international rating agency, has affirmed Banco Santiago's (Santiago) foreign currency short-term 'F2', long-term 'A-' (Outlook Stable), local currency…


Capital Factors’ Parent Company Reports Increased Earnings.

Union Planters, the 28th largest bank holding company in the United States, with assets in excess of US$30 billion, today…


KBK Capital Announce Factoring Clients Represent 80% of New Business…

The Fort Worth, Texas, based KBK Capital Corporation, which provides business credit to middle-market companies, has reported its operating results…


Revised Stamp Duty Regime Will Not Apply to Transfer of…

Last week the Chancellor of the Exchequer, Gordon Brown, announced a package of measures to tackle current avoidance of stamp…


RBS Launches New Low-Start Option for Flexible Business Loans

The Royal Bank of Scotland has launched a new low start option for its flexible business loan designed to give…


Griffiths Announces New Ј1m Investment Grooming Pilots For High-Growth Small…

Small Business Minister Nigel Griffiths today announced a series of new projects to help small businesses with high-growth potential maximise…


Europe Continues to Drive Industry Growth

Analysis of the Factors Chain International (FCI) figures on global factoring turnover by market in 2001 has shown that Europe…


Venture Finance Speaks Out on the Implications of the Budget…

Alison Small, Business Director of the invoice and asset based finance company Venture Finance, has today issued comments regarding the…


GTF on Target to Meet Annual Turnover of 7bn Rupees

On 16 April 2002 the shareholders of Global Trade Finance Private Limited (GTF) at its first AGM approved the accounts…


Banco Santander Rumoured to be Buying Banco Santiago

Rumours have been reported on the business information service Zephus.com that Banco Santander Central Hispano SA is to buy Banco…


Cattles Funds Local TV Station

Britain’s longest serving independent local TV station, Northants TV, which produces news, sports and feature programmes for local cable television,…


Alliance and Leicester Survey Shows Late payments Remain a Major…

Small businesses are becoming increasingly worried about the tax system. More than one in five small business owners (22%) say…


Bibby Factors Bedford Becomes a Limited Company

Leading business finance firm Bibby Factors Bedford are celebrating their continued success by becoming a limited company. The firm started…


Lloyds TSB Commercial Finance Backs One of the UK's Largest…

Leading provider of invoice discounting and asset-based lending Lloyds TSB Commercial Finance has recently backed Stokes Forgings Limited in the…


FCI Statistics Show Global Factoring Industry Experiences Strong Growth Despite…

Fresh statistics for 2001 have shown a 12% growth for worldwide factoring according to the latest figured for the industry…


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