BCR Latest News

Results of the Aberdeen Group Working Capital Optimization Report

Aberdeen surveyed 400 supply chain and finance professionals for this study. Sixty-five percent of respondents indicated that working capital optimization…


Platinum Funding provides US$12m factoring facility

Platinum Funding Group has signed a US$12m accounts receivable factoring facility with Pingho Associates Corporation. (more…)


ICICI Bank, IBM, IFC launch SME toolkit

ICICI Bank, IBM and IFC have launched an online resource centre, to help SME's start, finance and grow their businesses. (more…)


BoB opens second branch in South Africa

Bank of Baroda has opened its second branch in Johannesburg, South Africa. (more…)


HSBC SME business up 20% over 3 years

Banks are seeking a greater share of the SME banking business. (more…)


RBA hike to result in increased borrowing costs

The Reserve Bank of Australian raised the discount rate by 25bp to 6.50%, to contain inflationary pressures. (more…)


Atradius Trade Credit Insurance now available to SMEs

Atradius Trade Credit Insurance is now providing trade credit insurance to SME companies with US$2m-15m in annual revenue. (more…)


Euler Hermes UK appoints new director of risk

Mark Wyatt has been appointed as Director of Risk for Euler Hermes UK plc following (more…)


De Lage Landen selects Porthus for OnDemand B2B

De Lage Landen has selected the Porthus.net Trading Hub Managed Service to integrate their B2B IT environment. (more…)


SBI launches securitisation of carbon credit receivables

State Bank of India has signed an accord to provide one-stop solutions to industries for clean development mechanism projects (more…)


Komercni banka net profit grows to Kc5.29bn in H1

The volume of factoring claims of the firm Factoring KB grew by 17% to Kc2.9bn. (more…)


The characteristics of successful US factoring firms, Part I

This is the next in a series of articles to assist you in winning business and loyal clients. Mark Mandula,…


Association of Russian factoring companies is registered

The Association of Russian Factoring Companies was registered on July 27. (more…)


Sacombank to open a commercial bank rep office abroad

Sacombank has become the first commercial bank of Vietnam to have a representative office abroad. (more…)


SME Bank ponders programme to offer low cost loans

SME Bank is considering a new programme that would offer low cost loans to small rural businesses seeking to expand…


EBRD facilitates Bank of Georgia’s first factoring deal

Bank of Georgia has become the first bank to sign a factoring transaction in Georgia. (more…)


IDB approves US$50m to foster credit access for micro, SMEs

IDB has approved a US$50m loan for a micro SME credit access and competitiveness program. (more…)


EBRD’s trade finance programme helps entrepreneurs in Serbia

Importers and exporters in Serbia will have more opportunities to finance their foreign trade business under a 2m trade finance…


Banca Italease leasing and factoring to present business plan

Banca Italease to present its business plan for its leasing and factoring company in September and the company's new management will…


ICBC says H1 small enterprise financing up 48 per cent

The Industrial and Commercial Bank of China reported that its balance of loans granted to small enterprises amounted to 191bn…


Former factoring exec gets 20 years

Hector Orlansky was sentenced to 20 years in federal prison for one of the biggest bank frauds ever in South…


Maybank aims to give out RM500m via receivables loans

Maybank and Mizuho aim to achieve a minimum of RM500m in loans from its receivables financing programme for the financial year ending…


OCBC Bank starts business in China

OCBC Bank has commenced business at its new wholly-owned subsidiary in China, OCBC Bank (China) Ltd. (more…)


Small businesses miss out on EUR3.5bn

Turkish SMEs failing to show much interest in the 7th Research Framework program developed by the EU have missed out on €3.5bn of…


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