BCR Latest News

Caja Madrid Rumoured to Seek Stake in Banco de Chile…

According to media speculation reported by Zephus, Spain’s Caja Madrid SA may be taking a minority stake of 10% in…


New EU Report Confirms Britain Leads the Way in Representing…

A report reviewing how each EU member state is implementing the Small Firms Charter is published today in Brussels by…


“Quick Factoring” to Give Boost to Tourism Industry

A new fund tailored to put the zest back into tourism has been established with two billion baht. The Replenish…


SMEs Remain Optimistic Despite Fall in Manufacturing

Smaller firms are fighting against the downturn in manufacturing, and many can boast booming order books. According to a recent…


Swiss Life to Buy French Unit of Fortis- Fortis Say…

Swiss Life/Rentenanstalt said it would acquire the French life insurance operations of Fortis, the Dutch/Belgian financial-services conglomerate, at a price…


Sterling Factors Helps Vendors Get Merchandise Back on Kmart Store…

Sterling National Bank, the principal banking subsidiary of Sterling Bancorp, announced today that through its subsidiary, Sterling Factors Corporation, it…


Singapore Conference Attracts Twelve Nations

BCR’s Receivables Finance International Asia-Pacific has so far attracted delegates from 12 nations making this one of the best-attended factoring…


Tyco Capital Renamed CIT

CIT Group Inc. announced today that it has completed two key initiatives outlined by the company on 4 February 2002,…


Global Trade Finance Pte Ltd Gets P1+ Rating from Crisil

Global Trade Finance Private Limited (GTF) has obtained ‘P1+’ rating from CRISIL for Rs. 500 million Commercial Paper Programme. GTF…


Venture Finance’s Bristol Office Appoints Business Development Manager

Venture Finance PLC, the invoice finance specialist, has strengthened its business development team with the appointment of Nick Philips as…


DTI Gives Small Businesses Stronger Voice in Government

New Small Business Champions boost services for small firms to ensure effective support for Britain's growing businesses Trade and Industry…


Accord Financial Declares Quarterly Dividend

Accord Financial Corp. announced yesterday that the Board of Directors of the Corporation declared a quarterly dividend of $0.035 per…


Factors and Discounters Association Appoints New Chief Executive Officer

Robin Clarke has been appointed CEO of the FDA, the body that serves the interest of factors, discounters and asset-based…


Tyco Capital to Draw US$8.5bn in Bank Credit

Tyco Capital, the financial services subsidiary of Tyco International Ltd, announced yesterday that it would draw from US$8.5bn in unsecured…


Asta Funding First Quarter Revenues Increase 103%

First Quarter Highlights: Revenues increased 103 percent Net Income increased 31 percent to $2.3 million EPS of $0.53 per diluted…


Tyco Capital to Return to CIT Brand

As part of its initiative to prepare for independence, Tyco Capital Corporation, the financial services subsidiary of Tyco International Ltd.,…


PMI Shows Services Sector Expands for First Time Since August…

Following four consecutive months of contraction, January;s survey recorded a modest expansion of activity within the UK private service sector…


WSA Secure Tyco Capital as a Client

William Stucky and Associates, Incorporated, the US-based provider of Internet services for the asset-based lending industry who market themselves as…


Factored Turnover Increased an Impressive 20% in 2001

Factoring turnover for Bulgaria in 2001 recorded an increase of about 20% and reached a volume of € 96,000,000. The…


Q4 Company Insolvencies Increased in 2001

Statistics showing insolvencies in the fourth quarter 2001 are published today (1 February) by the Department of Trade and Industry.…


FDA Launches 2002 Staff Forums

Series of forums to kick off with the rise and fall of Nick Leeson. The Factors and Discounters Association (FDA)…


FDA Launch Day Courses

FDA launches new day courses to improve skills and knowledge across the industry. The Factors and Discounters Association (FDA) has…


PMI Shows Easing of Manufacturing Contraction

The UK Purchasing Managers’ Index (PMI- a composite indicator designed to provide an overall view of the manufacturing economy) released…


Bibby Research Shows 2001 was a Turbulent Year for Small…

Within the next 12 months 64% of Britain's small business owners and managers are vowing to devote more time to…


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