BCR Latest News

Fortis, RBS and Santander announcement

Fortis, RBS and Santander (the Banks) confirm that they submitted an Acquisition Proposal for LaSalle Bank to ABN AMRO on…


Bibby Financial Services appoints Scott Townsend senior VP of sales

Bibby Financial Services has appointed Scott Townsend senior vice president of sales for the Atlanta region. (more…)


TDME boosted by credit insurance agreement

TDME s growth strategy has received a clear endorsement from credit insurer Euler Hermes, which has agreed to provide the…


Bank Victorias intensifies SME's lending program

To intensify its lending program to the small- and medium-sized enterprises (SMEs) in Negros and Panay areas, Bank Victorias signed…


CGTSI can help small-scale entrepreneurs

The Chief Secretary, Mr J P Singh said that the Credit Guarantee Fund Trust for Small Industries (CGTSI), an undertaking…


Australian Government to help SMEs go global

The Australian Government has agreed to grant the Export Finance and Insurance Corporation (EFIC) additional powers to help Australia's small…


SMEs major engine of growth

Finance Parliamentary Secretary Tonio Fenech has stressed the importance of small and medium enterprises (SMEs), saying that the government was…


Spain 2006-2007 10 years of continuous growth likely to level…

Banks and their subsidiaries provide the majority of factoring services in Spain, and some have integrated factoring departments within their…


Malta 2006-2007 Export factoring expected to develop more quickly than…

Situated near the centre of the Mediterranean, Malta has a long tradition of international trade, business, manufacturing and servicing that…


Credit Show conference speaks volumes

At the Credit Show to be held 16 and 17 May 2007 at London's Olympia 2, during Credit Awareness Week,…


US$1m EBRD loan to Kyrgyz micro lending company Frontiers

The European Bank for Reconstruction and Development (EBRD) is providing the micro finance company Frontiers LLC with a US$1m loan…


Euler Hermes Q1 net up 29 per cent, lifted by…

Credit insurance company Euler Hermes reported a first-quarter net profit of 111.5m, up 29.2 per cent on the equivalent year-earlier…


International Apparel Group, Inc. signs new factoring and finance agreement

The apparel operating division of Total Luxury Group, Inc. , International Apparel Group, Inc., has entered into a new factoring and…


NFC factoring portfolio rose in 2006

National Factoring Company (NFC) saw quite strong dynamics in Q4 2006 with the gross portfolio of factoring advances up by…


Foreign banks poised to woo SMEs

Foreign banks are aggressively targeting small- and medium-sized enterprises (SMEs), a sector their Chinese peers have traditionally been less enthusiastic…


SBCE sees 15-20% premium growth this year

Brazilian export credit insurer Seguradora Brasileira de Crédito à Exportação (SBCE) expects to increase written premiums 15-20% to up to…


Best practice in financial supply chain automation: Making invoice data…

by Fabien Jaquot, President, Bottomline France This is the first in a series of articles providing a step-by-step guide to…


Euler Hermes – increase in Irish Exporters' Insolvency Index as…

Euler Hermes today outlined its prognosis for a 4% increase in exporter insolvencies in Ireland in the face of a…


GSP Finance to go for IPO

GSP Finance Company (Bangladesh) Limited has taken initiatives to go for IPO (initial public offering). They presently deal in factoring…


GMAC CF provides innovative accounts receivable and inventory facility for…

The European Structured Finance team of GMAC Commercial Finance Plc (GMAC CF) are pleased to announce the re-financing of a…


Downturn would mean uncertainty for new breed of asset-based lenders

Massive shifts in the asset-based lending industry make it far from clear how lenders will fare during the next economic…


Hungarian SMEs are less pessimistic

The uncertainty caused by last year's austerity measures was felt until October, 2006, since that low point, the business confidence…


Wells Fargo Foothill opens Canadian affiliate

Wells Fargo Foothill - part of Wells Fargo Company - announced that it would now offer its flexible, senior secured…


Credito y Caucion – Atradius to float 35% of share…

Spanish insurer Credito y Caucion (CyC) and Dutch company Atradius intend to float 30 to 35 per cent of the…


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