BCR Latest News

Den Norske Bank Profits Rise by 29%

Den norske Bank, Norway’s largest bank and parent company of one of the Norwegian factoring industry’s major players (DnB Factoring)…


CIT Group Records 58% Net Income Growth in January-September 2000

The CIT Group Inc (which offers a range of financial services including factoring, structured financing, equipment, commercial and consumer financing…


KBK Capital Corporation Records Sharp Growth in Net Income

KBK Capital Corporation of Fort Worth, Texas (which provides commercial loans, mezzanine loans and factoring to middle-market businesses) has reported…


UK Government Launches Aid Package for Companies Experiencing Short Term…

A new Inland Revenue/Customs and Excise unit is to be set up by the UK Government with the aim of…


Euro Sales Finance announces new CFO

Euro Sales Finance plc, the independent European provider of sales finance solutions, today announced the appointment of Bernward Rohmann as…


Sharp Rise in French Start-up Investment

In the first half of 2000 investment in start-up companies in France rose by over 25% to FF3.4 bn from…


UK Government to Explore Over-indebtedness Causes and Solutions

The UK Department of Trade and Industry has set up a task force to examine the causes of over-indebtedness and…


Isis Factors Plc Joins Factors and Discounters Association

Isis Factors Plc, a subsidiary of London Scottish Bank and established in 1991, has joined the Factors and Discounters Association…


March-September 2000 Small Firms Loan Guarantee Scheme Led by NatWest…

At Ј30m, NatWest Bank led the list of loans made under the Small Firms Loan Guarantee Scheme during the six…


HSBC Introduces Invoice Finance via the Internet

With the launch of Internet Ledgerline, HSBC Invoice Finance is now offering its range of invoice finance services via the…


ECGD Develops Export Guarantees for Small Companies

Via its Export Credits Guarantee Department (ECGD) the UK government has launched a new scheme for encouraging small and medium-sized…


UPS Capital Europe Grows

UPS Capital Europe are set to grow and have announced the appointment of a new Sales & Marketing Manager, Guy…


Lloyds TSB Commercial Finance and HPD Software to Develop New…

Lloyds TSB Commercial Finance Limited (LTSBCF), the largest provider of factoring services by volume in the UK, has teamed up…


GMAC Commercial Credit’s Annual Accounts Released

GMAC Commercial Credit today released their annual accounts for the year ended 31 December 1999. Turnover has fallen by 21.62%…


City Invoice Finance Limited’s Annual Accounts Released

City Invoice Finance Limited today released their annual accounts for the year ended 31 December 1999, which was their first…


Rumours of Changes Amongst Industry Players Persist

Rumours are currently circulating that Budapest Bank are planning to withdraw from the Hungarian factoring market. This would leave only…


First National Invoice Finance Limited’s Annual Accounts Released

First National Invoice Finance Limited today released their annual accounts for the year ended 31 December 1999. Turnover has risen…


Sterling Bancorp Announces Third Quarter Figures

The banking and financial services company Sterling Bancorp has today announced its results for the third quarter of 2000. Net…


Grupo Financiero Santander Mexicano Report Third Quarter Results as Factoring…

The finance group Santander Mexicano has today announced a net income of P$677 million for the third quarter of 2000,…


Fortis Buys Back Shares from ING

The Dutch financial group ING has sold 659m Euros’ worth of shares in Fortis back to the Fortis Group itself.…


Capital Bank Cashflow Finance Limited’s Annual Accounts Released

Capital Bank Cashflow Finance Limited today released their annual accounts for the year ended 29 February 2000. Turnover has fallen…


Merger of Bank Zachodni and WBK Announced

Two of Poland’s major banks with factoring divisions, Bank Zachodni SA and WBK (Wielkopolski Bank Kredytowy SA) have today announced…


Keppel Tatlee Finance Ltd Launches New Online Service for SME’s

Singapore’s Keppel Tatlee Finance Ltd (SGX:KTFN) has launched a new internet service called e-Factoring. Developed by S&I Systems Pte Ltd…


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