BCR Latest News

Leading credit insurer retains AA rating

Fitch Ratings, the international rating agency, has today affirmed the 'AA' Insurer Financial Strength rating (IFS) of Coface S.A., the…


Experian reports dramatic fall in insolvencies in January 2003

The UK recorded a dramatic fall in business failures in January following the introduction of the new Voluntary Arrangement moratorium…


RBS' invoice discounter poaches GE Capital man

Euro Sales Finance, the invoice discounting and factoring services arm of RBS, has appointed Steve Merchant, ex-regional director of GE…


UK and Ireland biggest players in European securitisation market

A report by Moody's Investors Services, last year confirmed the UK and Ireland as the biggest player in the European…


Foreign investment in Myanmar drops in first three quarters of…

Foreign investment in Myanmar dropped by 10.7 percent in the first three quarters of 2002 compared with the same period…


Association of South East Asian Nations opens new investment areas

Member states of the Association of South East Asian Nations (ASEAN) decided to accelerate the liberalization of their investment regimes…


Shell Foundation and dfcu Leasing in $4m energy fund

Shell Foundation, a United Kingdom registered charity funded by the Royal Dutch Shell Group of Companies, dfcu Leasing and Shell…


Bancomext to grant US$8.2bn credit to SMEs in 2003

In 2003, the Mexican Foreign Trade Bank (Bancomext) expects to channel resources of US$8.2bn to companies, especially small and medium-sized…


Brunei keen to invest more in Philippines, SMEs to benefit

Brunei is keen to invest more in the Philippines, as a means to further develop the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian…


Credit Suisse executive joins Schneider’s finance arm

Schneider National Inc., a Green Bay-based trucking firm, has hired Richard Palmieri as president of its financial services division. Palmieri…


Survey shows SMEs optimism in Malaysia’s economy

THE majority of the Chinese business community have expressed optimism in the country's economic outlook for the next 2 to…


Acquisition of Pure Energy Inc delayed; meanwhile receivables finance facility…

Energy Visions Inc. ("EVI") announced that the date by which it must pay C$845,328 to acquire a controlling interest in…


John Canning recognised as one of top 25 most influential…

CIT Small Business Lending (SBL) Corporation, a New Jersey-based subsidiary of CIT Group Inc., (NYSE: CIT), and the nation's number…


Government allocates P30bn for SMEs

Malacanang is planning to grant P1 million for each town in the Philippines as part of its P30 billion lending…


ICISA – Representing the Industry Leaders

ICISA: REPRESENTING THE INDUSTRY LEADERS About ICISA The International Credit Insurance & Surety Association (ICISA) brings together companies who write…


Assessing the Impact of September 11

Susan Ross, Director, Aon Trade Credit UK Assessing the Impact of September 11 “We will never forget how we individually…


The OECD Arrangement on Guidelines for Officially Supported Export Credits

The Gentlemen’s Agreement Under Pressure Introduction It was 1998 and OECD governments had much to be proud of. The OECD…


Forfaiters and Credit Insurers

FORFAITERS AND CREDIT INSURERS: CO-OPERATION OR COMPETITION? Introduction What Is Forfaiting? To answer the question one might have to first…


Changes in the Credit Insurance Market

Introduction Change is ever present in the global trade credit insurance market. This is illustrated by consolidation among the large…


Introduction to World Credit Insurance

INTRODUCTION Change and credit insurance seem to have become inextricably linked. To some extent, of course, change has always been…


North West is the company collapse capital of the UK

Bolton and Manchester are the UK's biggest business graveyards with more than twice the national average of companies going bust,…


Seguros Capital sells US$4.7mn insurance portfolios

Honduran insurance company Seguros Capital’s government appointed director, Marco Antonio Aviles, said they will start selling its credit insurance, life…


Kaulkin Ginsberg announces new accounts receivable customer relationship management marketing…

Kaulkin Ginsberg, the leading source of advice, information and expertise for the accounts receivable/customer relationship management industry, announced today the…


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