BCR Latest News

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…


First Half Figures from Turkish Factoring Association

The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…


Finova’s Long and Short Term Debt Ratings Downgraded

The troubled international financial services company Finova Group which last week announced that they would be selling their factoring business…


RDM Factors Focused on Growth

RDM have recently opened an office in Scotland to reflect the different needs of businesses there. Graeme Cullen, whose most…


Government's “Toothless” Insolvency Reform Savaged

Labour MPs Austin Mitchell and Jim Cousins have savaged the government's "toothless" insolvency reforms and called for a public protest…


NMB Heller’s Annual Accounts Released

NMB-Heller Limited today released their annual accounts for the year ended December 31 1999. Turnover has fallen by 3.9% to…


Lloyds TSB Commercial Finance’s Annual Accounts Released

Lloyds TSB Commercial Finance Limited today released their annual accounts for the year ended December 31 1999. Turnover has fallen…


Close Invoice Finance’s Annual Accounts Released

Close Invoice Finance Limited today released their annual accounts for the year ended July 31 1999. Turnover has risen by…


HSBC Invoice Finance UK’s Annual Accounts Released

HSBC Invoice Finance UK Limited today released their annual accounts for the year ended December 31 1999. Turnover has fallen…


Alex Lawrie Factor’s Annual Accounts Released

Alex Lawrie Factors Limited today released their annual accounts for the year ended December 31 1999. Turnover has fallen by…


Bibby Group’s Annual Accounts Released

The Bibby Group of factors today released their annual accounts for the year ended December 31 1999. Turnover has risen…


Outlook Bleak for Argentinian Economy

Although figures have not yet been released, expectations regarding the results for the second quarter of 2000 are pessimistic. With…


New Arbitration Scheme to Resolve Debt Disputes Introduced

Details of a new scheme for promptly resolving legal disputes between bankers and defaulting debtors were announced yesterday by Thailand’s…


Merchants Bank of California Announce Record Quarterly Earnings

Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second…


Latest FDA Figures Show Volume and Funds Provided Continue to…

The Factors & Discounters Association has announced figures for the half year ended 30 June 2000. The figures show a…


CIT Team Up With TextilEdge

CIT Commercial Services, the largest provider of factoring services in the USA, today announced an arrangement with TextilEdge, a leading…


Light at the End of the Tunnel for Thailand’s Banks

Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…


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