BCR Latest News

Credit insurance revenues up 55% in Romania

Revenues at insurance companies in Romania, from credit insurance policies, reached 112.3 million euros (396 million RON) last year, registering…


ECGC cuts credit insurance premiums by 10pc

Exporters can now save 10pc on insurance premiums being paid to the Export Credit Guarantee Corporation of India. (more…)


ISME Business Trends survey shows SMEs less upbeat in Q2

Ireland's SMEs are less optimistic with regard to business confidence, employment prospects and investment opportunities and are concerned about the future…


Exim Bank targets 11pc growth in loans and credit insurance

Export-Import Bank of Malaysia Bhd (Exim Bank) expects an 11% increase in loans and credit insurance this year from RM3bn…


Financing costs to rise as BoE hikes rates by 25bp…

The Bank of England has raised UK interest rates from 5.5% to 5.75%, which is the fifth interest rate increase…


Compound Profit launched to provide SME cash flow finance

Compound Profit, a McKinney, TX-based international business funding and advisory corporation, has opened its doors to SME owners looking for…


RBS Commercial Banking, Lombard and Invoice Finance join in stg8.75m…

Southport businessman Nick Taylor has sold the haulage business he founded 14 years ago to his management team in an…


Atradius N.V. announces appointment of chairman and CEO

Atradius has announced that its Supervisory Board has confirmed the appointment of Isidoro Unda as chairman of the Management Board…


Pooled payables securitisation and supply chain finance

Barry Wood, Senior Vice President, Demica talks about the arrival of pooled securitisations in supply chain financing solutions. (more…)


CGC joins Dun & Bradstreet to form Kuala Lumpur’s first…

Credit Guarantee Corp Bhd (CGC) has teamed up with Dun Bradstreet Malaysia Sdn Bhd to jointly operate Malaysia's first credit bureau…


EIB to grant CIB EUR50m loan to finance SME's in…

Central-European International Bank Ltd (CIB), has announced that the European Investment Bank (EIB) will grant it a EUR 50 million…


Bibby Financial Services made a shrewd factoring move

Bibby Financial Services (BFS) now operating in 10 countries and employing about 750 people was only created as a by-product…


Experian expands its sales team with senior appointments

Experian, the global information solutions company, has made a series of new appointments to expand its Business Information sales team…


Coface unit to launch factoring operation in Argentina in early…

Coface unit to launch a factoring operation in Argentina in early 2008 The Argentine unit of French insurer Coface is…


SocGen's Romanian unit H1 factoring operations value up 157%

The Romanian Development Bank (BRD) performed factoring operations worth 700 million Romanian lei ($305 million/224 milion euro) in the first…


Grenke Group new business up by 9.7 %

In the first half of 2007, the Grenke Group (incl. franchise partners) generated new business (the sum total of acquisition costs…


Unrated SMEs to pay more for loans with implementation of…

The cost of borrowing from banks in India may go up for small and medium enterprises without a credit rating.…


Textron Financial announces ABL division name change

Textron Financial Corporation, a subsidiary of Textron Inc. announces the renaming of Systran Financial Services as the Commercial Finance Division. (more…)


Lloyds TSB Commercial Finance fund stg2m ABL deal for the…

The operator of the Port of Blyth has invested £2m in machinery in a bid to steer turnover beyond £10m…


Leasing and factoring company Banca Italease pays out euro 610m…

Banca Italease has paid out euro 610m (US dollar825m) to cap losses stemming from a worsening portfolio of derivatives contracts…


Venture Structured Finance is in the pink!

Venture Structured Finance today announced it has backed a 2.2 million management buy-out (MBO) of Atelier Home and Gift with…


Winning Colours qualifies for accounts receivable financing

Winning Brands Corporation announces that BCG Business Capital Group has approved Winning Colours Multi-Cleaner for accounts receivable financing with qualified…


The precise art of reaching out to China's SMEs

SMEs will soon represent two-thirds of China's gross domestic product, and three-quarters of its GDP growth: nobody can overlook them any…


ABFA – Industry evolution prompts name change

The UK trade association for invoice finance is changing its name to reflect the evolution of the industry and broadening…


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