BCR Latest News

Half-Year Turnover Figures Show Impact of Financial Crises

Turkey’s Factoring Turnover (US$m) 30/06/2000 30/06/2001 Export  360,086 397,382 Import  16,770 10,120 International 376,856 407,502 Domestic 1,925,234 1,191,847 Total  2,302,090 1,599,349  For further analysis of the Turkish factoring Industry in the wake of the…


Non-Executive Director Increases his Shareholding at Potential

Anthony Jacobs, a non-executive director of Potential Finance Group, the AIM-listed company providing factoring services for smaller firms, yesterday paid…


Bibby Factors to Set Up Leeds Office

The Bibby Group of Factors, the largest independent factoring organisation in the UK, is to open Bibby Factors in Leeds.…


Banks Limit Lending to High-Tech Firms

The latest Federal Reserve report of loans made by banks reveals they are not nearly as keen as they once…


Banca Quadrum Goes into CNBV Administration

Mexico's Comision Nacional Bancaria y de Valores (CNBV) has stepped in to administrate Banca Quadrum, one of the 'new' banks…


CMRC Research Identifies Worst Hit Industry Sectors

A survey of over 1,000 firms by the credit management research centre (CMRC) reveals that businesses within the business and…


Gerling/NCM Joint Venture to Consolidate their European Factoring Presence

Gerling Versicherungs-Beteiligungs-AG (GKB) and Swiss Re have reached an agreement on forming a joint venture between Dutch credit insurer NCM,…


Merchant Commercial Finance Records 40% Turnover Increase

The London-based trade finance company, Merchant Commercial Finance, has recorded a 39.7% increase in turnover in the year ended 28…


Fraud Causes Fall in Profits at Five Arrows

Five Arrows Commercial Finance, which in the year ended 31 December 1999, recorded profits before tax of Ј890,000, has seen…


Siam General Factoring Records Impressive Growth in Profit in Q2…

Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has…


Industry Ministry Lobbies to Establish New SME Bank

The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…


Cutfin Joins FCI

Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…


Eurofactor (UK) Comment on their Return to Profit in 2000

Eurofactor (UK) Ltd, the company formerly known as Credit Lyonnais Commercial Finance Ltd, have recorded a return to profit in…


Royal Bank Of Scotland Agrees Terms To Buy Euro Sales…

The Royal Bank of Scotland plc (“RBS”) has agreed the terms of a recommended cash offer for the entire issued…


Banks Reduce Offer of Credit

Brazilian banks are reducing the offer of credit to small and medium sized companies due to the growth of default…


Euro Sales Finance Records Loss Before Tax of Ј10.9million

Year end results to 30 June 2001 Euro Sales Finance (“ESF”), the pan European sales finance company, today announces its…


Factoring Contributes to Healthy First Half Results for Banco Espirito…

The Lisbon-based Banco Espirito Santo, the principal subsidiary of the Espirito Santo Financial Group S.A., today announced its 2001 First…


RBS Boosts Invoice Finance

Faster access to invoice finance is being offered electronically by Royal Bank of Scotland’s commercial services arm. Through the KeyCash…


UK Manufacturers Suffer Worst Quarter since 1991

Manufacturing has suffered its worst quarter since 1991, official figures showed, confirming that the industry has gone into recession. Although…


Euro Sales Release Draft Account Details

The board of the stricken factoring company, Euro Sales Finance plc, has today issued draft accounts for the year ended…


Factoring in the Implications of GE Capital’s Heller Buy-Out

It is thought that GE Capital’s acquisition last week of Heller Financial for $5.3bn, whilst significant in the broader context…


Companies Taking Longer to Pay Bills than when Legislation was…

Many companies in the UK are delaying payment of their invoices as a means of bolstering their cash flow as…


Asta Reports 49% Increase in Net Income

Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing…


1
2
3
4
1,123
1,124
1,125
1,138
1,139
1,140
1,141
Our Sponsors
Our Events
View All
To top
BCR Publishing
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.