BCR Latest News

SIDBI to complete rating of 720 SMEs

The Small Industries Development Bank of India will complete the rating of 720 SME's before the end of 2007. (more…)


St George sells factoring group Scottish Pacific

Saint George Bank has sold Scottish Pacific to BA Venture, a joint venture between Balmain Commercial and Allco Finance Group.…


HSBC retains best factoring award

HSBC Group has retained its title of Best Factor 2007, one of the prestigious Trade Finance Awards for Excellence 2007.…


Late payment law ignored by UK businesses

The vast majority of UK business are not taking advantage of legislation specifically designed to help protect them against slow…


EBRD strengthens Bank of Baku’s SME financing

MSEs in Azerbaijan will benefit from a US$3m loan to Bank of Baku for on-lending to local businesses, assisted by…


Euler Hermes H1 net up 36 per cent

Euler Hermes announced a H1 net profit of EUR231.2m, up from EUR170.3m a year earlier and it forecast a 'significant increase' in…


SMEs to get EUR100m from Jeremie programme

The European Investment Fund will finance an account and an office in Romania to manage the EUR100m of the Jeremie…


Grand (Message) Unification Theory – how to achieve paperlight communications

Bob Goodwin, director of data capture specialist Digital Vision explores how a unified messaging solution will enable organisations to boost…


Invoice finance fraud rising

More than 40 per cent of the sales ledgers, an invoice finance and factoring specialist undertook to examine on behalf…


Fitch affirms rating of Coface group

Fitch Ratings has affirmed the major insurance entities of the Coface group at Insurer Financial Strength  'AA+' and the Issuer Default Rating…


Bank Austria Creditanstalt takes over FactorBank

Bank Austria Creditanstalt purchases 100 per cent of the shares in FactorBank by purchasing shares from Raiffeisen Zentralbank and Oberbank.  (more…)


World Bank funds for Kenyan SMEs remain unutilised

Seventy per cent of the Sh1.25bn World Bank loans extended to Kenya for the development of the MSME's remains unutilised. (more…)


Bank of Italy orders directors of Banca Italease to resign

Italy's central bank has ordered Banca Italease to elect a new board and raise capital after spendng EUR610m to unwind derivatives…


Abbey partners OB10 in innovative corporate supply chain finance and…

Abbey leverages Santander's technology and experience in reverse factoring to enable suppliers to be paid quickly at a lower financial cost than…


Experian research shows payment delays up by 2 days

New research has found that businesses take longer to pay their bills than at any time since Late Payment legislation was…


Lloyds TSB Commercial Finance funds drum manufacturer MBO

Bulk Packaging Group has been acquired in a MBO and it is being funded by Lloyds TSB Commercial Finance. (more…)


RFIx Asia-Pacific – huge potential for receivables finance in China.

BCR s Receivables Finance International conference is attracting a significant response given the continued high level of interest in China…


Winning business and loyal clients in accounts receivable factoring Part…

In the second part of this series of articles is to assist you in winning business and loyal clients Mark…


Financial assistance to SMEs

The public and private sectors have to join forces to adopt new ways to streamline the accessibility of finance to…


BRDA head says European funds inadequate for SMEs

European funds alloted to SMEs to access consulting services are regarded as insufficient by  the Bucharest Regional Development Agency. (more…)


Leasing and factoring help Banco Espirito Santo post H1 increase

Banco Espirito Santo confirmed that net income increased 83 per cent year-on-year in H1 and this was assisted by its…


Accord announces improved second quarter earnings

Accord Financial Corp posted a 11 per cent rise in net earnings for Q2 2007, with factoring volumes increasing by 7…


GE Commercial Finance appoints new CEO

GE Commercial Finance names new president and CEO of GE Commercial Finance India. (more…)


Head of sales for SME's appointed at Bibby

Bibby Financial Services appoints Andy Leopold as head of sales, at its Hastings based company, to assist SME group in…


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