BCR Latest News

Euler Hermes forecasts increase in insolvencies in 2007

The Global Corporate Insolvency Index created by Euler Hermes SFAC, French subsidiary of credit insurance firm Euler Hermes, is expected…


International Assets reaches USD1bn under management, launches trade finance fund

International Assets Holding Corporation (the Company ) announced that its assets under management now exceed US$1bn. The total assets under…


Euler Hermes opens Dubai office

Trade credit insurer Euler Hermes, a subsidiary of AGF and a member of the Allianz Group, has opened an office…


Commercial Capital providing factoring to Canadian companies

Commercial Capital LLC, a Canadian factoring company, has started helping Canadian companies obtain factoring services. (more…)


Atradius and AlfaStrakhovanie sign Co-Operation agreement for credit insurance in…

Atradius N.V., a leading global credit insurer, and AlfaStrakhovanie, one of the largest insurers in Russia and part of Alfa…


Landsbanki Commercial Finance provide credit facility for Mettis Aerospace

Landsbanki Commercial Finance (LCF), the pan-global asset-based lending and structured finance firm, has provided a multi-million pound lending facility for…


Fortis acquires majority stake in Pacific Century Insurance

Fortis has finalised the acquisition of 50.45% of Pacific Century Insurance from its majority shareholder, PCI Regional Developments Ltd, and…


David Dingley appointed as new Midlands Auditor for IGF

IGF, one of the UK s leading independent commercial finance companies, today announces that David Dingley has been appointed as…


CDB supports SME development

China Development Bank (CDB) will offer more loans to support the development of small- and medium-sized enterprises (SME) this year.…


Sweden to help regional SMEs

Sweden has partnered with the three East African countries of Uganda, Kenya and Tanzania to promote the growth of small-…


MKB Factoring portfolio tops R1.0 bn

Credit Bank of Moscow (MKB) has increased the turnover of the debt it serves under factoring terms to R3bn since…


3i Infotech acquires stake in BPO

Global information technology company 3i Infotech announced it has acquired a 50.5 per cent stake in 'aok In-house BPO Services'…


State Bank seeks SME guarantee scheme

State Bank of Pakistan has asked the Small and Medium Enterprise Development Authority (SMEDA) to look into the possibility of…


Austrian government considering venture capital fund to support SMEs

Austria's government is considering financing a venture capital fund that would indirectly provide funds to start-ups and SMEs. (more…)


Small company cash flow is their business

Specialist business cash flow management firm Bibby Financial Services has revealed impressive growth in business clients in Scotland, to more…


Cebu SMEs get credit access with bank, group partnership

The First Agro-Industrial Rural Bank Inc. (FairBank) recently signed an agreement with the German Technical Cooperation-Small and Medium Enterprise Development…


Factoring dynamics restored in 2006

2006 was a year of improved growth dynamics of the factoring market in the Czech Republic. The year-on-year increase in…


Ministry of Finance slashes aid to SMEs

The Finance Ministry has cancelled YTL49.5m of the YTL 89.5m Treasury aid to the Small and Medium Industry Development Organization…


IIC grants ABN Amro unit US$100m credit line

The Inter-American Investment Corporation (IIC) has approved two credit lines of up to US$100m for the Brazilian unit of Dutch…


Utah businesses to benefit from assistance with Ex-Im Bank financing

Current and future Utah exporters will benefit from local access to information and assistance on the export finance programs of…


Fator close to buying Cigna brand

Brazilian financial institution Banco Fator is close to sealing a deal to take over the Cigna brand name in Brazil,…


FIMBank eyes joint venture in China

FIMBank Plc, a Maltese trade finance specialist backed by a Kuwaiti investor, hopes to set up a joint venture in…


Davenham Trade Finance appoints a new business development manager.

Asset-based lender Davenham Trade Finance has appointed Peter Wilbraham as its new business development manager. (more…)


New scheme targets SMEs

SMEs in Uganda will benefit from an initiative dubbed Aspire Uganda, which was launched by three multinational companies to provide…


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