BCR Latest News

Insolvency Statistics Show Decrease on Previous Quarter

Statistics showing insolvencies in the third quarter 2001 are published today (2 November) by the Department of Trade and Industry.…


Bibby Appoints New Sales Manager

Phil Countache has been appointed Sales Manager responsible for the generation of new business within the South East by leading…


Accord Q3 Results Show Revenue Decline

Accord Financial Corp. has today announced results for the three months and nine months ended Sept. 30, 2001 as follows:


Research from Bibby Factors Leeds Shows Government Fails UK Exporters

Exporters in the United Kingdom believe the government is failing them according to new research from Bibby Factors Leeds. Findings…


BCR Reports on the Recent CFA and Grant Thornton Conferences

Please click on the following links to access BCR's exclusive reports on the latest conferences: Braving the Storm: The Commercial…


Asset Based Lending of Healthcare

It can be a fair bet that financial models adopted in the USA eventually make their way to the rest…


Braving the Storm

The Commercial Finance Association’s 57th Annual Convention and Exposition, San Francisco, October 24th-26th. The USA is, in many ways, the…


Exhibitors Bank on CFA Convention

A high turnout marks business support for the Commercial Finance Association The 57th Annual CFA Convention has continued to enjoy…


Stock Exchange Board Approve Listing of AEON Thana Thinsap

The Stock Exchange of Thailand (SET) president, Kittirat Na Ranong, said the SET board has approved the listing of AEON…


PMI Climbs, but Manufacturing Recession Persists

Although remaining well below the critical no change level of 50.0 in October, the latest seasonally-adjusted Purchasing Managers’ Index (PMI…


UK “Funding Landscape to Change Markedly” in the Wake of…

Andrew Visintin, partner, Hammond Suddards Edge Insolvency lawyers - or as many now prefer to be called, 'turnaround specialists' -…


BFC appoints PWC as advisor

Publicly listed PT Bakrie Finance Corporation (BFC), a subsidiary of the Bakrie & Brothers Group, and its creditors have agreed…


Director of PT Era Giat Prima Cleared of Charges which…

Central Bank Governor Sjahril Sabirin is facing a possible four year imprisonment for allegedly being involved in corruption linked to…


Ashley Commercial Finance Continues “Controlled Expansion”

The abbreviated accounts for the year ended 31 March 2001 have today been released by factoring company Ashley Commercial Finance,…


Eurofactor Enters the Thames Valley

Eurofactor (UK) Limited, backed by Credit Lyonnais and Euler (Europe’s largest credit insurance company), is launching a Thames Valley business,…


Venture Finance Offers Free Bad Debt Protection for SMEs

Invoice and asset-based finance specialists Venture Finance PLC last week launched a free bad debt protection service for small to…


CEO of GMAC Commercial Credit Dismissed

Mr. Joe Grimaldi, the chief executive officer of the USA’s second largest factoring company, GMAC Commercial Credit, has been dismissed…


Raft of New Bills, Including Factoring Legislation, is Deemed Crucial…

Delays in the Council of State's legal interpretations of pending economic bills, including a draft of the Public Enterprise Corporation…


BBVA Factoring Plans Expansion of Product Range

BBVA Factoring, the factoring arm of Spanish bank BBVA (and the Spanish industry’s largest player with a market share of…


Bibby Research Shows Confidence Growing Amongst British Exporters

Despite a high pound and international uncertainty, Britain’s export sector remains buoyant according to research from leading business finance providers…


Asta Funding Projects 40% Earnings Growth for 2001

Asta Funding Inc, a leading consumer receivables asset management and liquidation company which also factors commercial receivables, today announced that…


GE Completes $5.3 Billion Acquisition of Heller Financial

General Electric Capital Corporation (GE Capital), a diversified financial services company and subsidiary of the General Electric Company, today announced…


Hansabanka to Increase Share Capital

It was announced this week that Latvia’s third largest bank, Hansabanka, has received permission from the Finance and Capital Market…


Privatisation of Banca Comerciala Romana to Proceed at Cautious Pace

It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…


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