BCR Latest News

Euro Sales Finance strengthens its German management team

Euro Sales Finance plc, the pan-European provider of sales finance solutions, today announced the appointment of Gerd Georg as director…


West LB Bank Plan Indian Operation

The German based bank West LB are planning the launch of a new export factoring service in India, where they…


Byers: “A new economic policy for the new economy.”

Trade and Industry secretary, Stephen Byers, has today announced plans to establish new manufacturing centres of excellence in an effort…


Client of Presidential Financing Corporation Charged with Fraud

Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…


Alex Lawrie Into Scotland

Following the coming together of Alex Lawrie Factors and Lloyds TSB Commercial Finance in January, factoring specialist Alex Lawrie is…


Fortis Launches New Client Service Charter

Fortis Commercial Finance today unveiled an innovative Client Service Charter aimed at setting new standards of customer care for SME's…


Citibank Completes Acquisition of Bank Handlowy w Warszawie

It was announced yesterday that Citibank Poland, which already owns 87.9% of Bank Handlowy w Warszawie, will be buying up…


Forenede Factors Bought By NCM Holding NV

One of Denmark’s factoring industry leaders, Forenede Factors, has been bought from Den Danske Bank by the Netherlands company, NCM…


Northern Bank PLC Absorbs Northern Bank Factors

As of 1 October 2000, Northern Bank Factors Ltd will cease trading as a limited company and its factoring operation…


Alex Lawrie Factors And Lloyds TSB Commercial Finance Combine Their…

Factoring specialist Alex Lawrie and leading invoice discounting provider, Lloyds TSB Commercial Finance, are embarking on a new integrated business…


Factoring Agreement Renewed Between AllnetServices.com and Global Asset Exchange

The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…


CIT Allies With BtoBapparel.com

The USA’s largest provider of factoring, CIT Commercial Services, has further strengthened its position in the apparel e-commerce area today…


Lack of Information Threatens Lending

Fears have been voiced by a Mexican banker that inadequacies in the provision of information are threatening lenders. Victor Borras,…


UPS Capital to Establish New European Factoring Network

UPS Capital, part of the UPS Logistics Group, is to set up a European factoring network which should be operational…


Venture Funds Face Tangle of Red Tape

The venture capital industry has struck a regulatory barrier in its plans to attract overseas investment into Australian funds, prompting…


Euler, 1st Half Figures for 2000

A 7% increase in turnover for the first half 2000 In the course of the first semester 2000, EULER achieved…


ABC Holdings to Launch in Botswana including Factoring Services

ABC Holdings has just completed its primary listing on the Botswana Stock Exchiange. The bank is configured to be a…


Factorem and Assurances Banques Populaires Share Trading to Resume August…

Trading in the shares of French factoring services specialist Factorem SA and the French insurer Assurances Banques Populaires SA will…


Cabinet Approves Factoring Bill

Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…


Ifis Wants to become a Bank

11 August 2000: Ifis Wants to become a Bank Ifis, the Italian factoring company presided over by Sebastiano Furstenberg and…


Non-Performing Loans on the Increase

Spain: Banks' non-performing loans had reached a record low since 1993 by the end of 1999. Most experts agree, however,…


CIT to Provide Factoring to EcomTextile Clients

CIT Commercial Services, the largest provider of factoring services in the US, today announced a strategic alliance with EcomTextile, Inc.of…


EBRD Launches Second Credit Line for SMEs

22-Aug-2000: EBRD Launches Second Credit Line for SMEs The European Bank for Reconstruction and Development will be launching a second…


Aceva Technologies Launch eFinance Infrastructure

Aceva Technologies today announced the launch of their first managed eFinance platform and aims to service online businesses. The new…


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