BCR Latest News

UK SMEs feel ignored by large service providers

UK's disenchanted SMEs expose lack of commitment and poor customer service… two thirds of small businesses believe that they are…


Adrian Katz on Finacity's investment-grade, off balance-sheet securitisation of trade…

Finacity recently received 2006 deal of the year from Trade Finance Magazine for their 3-year, $55 million non-OECD trade receivable…


SMEs losing out GBP68m a year

Scottish small businesses are missing out on GBP68 million every year by failing to keep growing cash piles in business savings…


SMEs lack knowledge on bribery and corruption laws

 According to the recent survey by the Association of Chartered Certified Accountants (ACCA), 62 per cent of SMEs believe that they…


EBRD provides first Factor Finance project across region

Facility to help promote private-sector growth in Romania. In its first factor finance project across its 29 countries of operations,…


Landsbanki provides GBP50m revolving credit

Landsbanki Commercial Finance, the global asset based lender and structured finance provider, is providing a 50 million revolving credit facility…


Fortis, RBS and Santander proposal to acquire ABN AMRO

Fortis, Royal Bank of Scotland and Santander submitted a joint letter dated 12 April 2007 to the Chairmen of the…


Experian Warns of Industrialisation of Identity Fraud

...credit and store card issuers accounted for approximately 28 per cent of the total financial losses, at an average cost…


SMEs urged to tap government resources for overseas expansion

According to a survey among SMEs by DP Information, the percentage of respondents with revenues originating from outside Singapore fell…


Barclays assists SMEs to fair

Barclays Bank of Ghana is bringing 100 SMEs to this year's Canton Fair in China to meet suppliers, manufacturers, investors and service…


Banks may be forced to absorb Rs25k capital requirement

The new rules will make unrated loans equivalent to investments in a speculative grade company as both require 150% weighting. Loans…


GT Nexus adds financial supply chain services to global trade…

GT Nexus Trade is an integrated set of trade and financial services delivered on-demand over the GT Nexus global trade and logistics…


Small firms gain as banks promote SME lending

Financial institutions are giving a serious look at the SME segment. Competition has heated up with Standard Chartered, Barclays, NIC…


Glitnir strengthens its Nordic management team

BNbank, BNkreditt, Glitnir Bank ASA, Glitnir Factoring and BNbank's ownership in Norsk Privatokonomi will be part of Bjornsen's unit. Bjornsen…


SMEs opt out of interest fees – Cattles

FEWER than one in 10 of small and medium-sized businesses in North Wales use their legal right to charge interest…


IFS targets RM100m from factoring

Financial services provider IFS Capital (Malaysia) Sdn Bhd is targeting RM100m from its factoring business and RM30m from industrial hire…


Optimax signs NT$4bn factoring deal

Optimax Technology, Taiwan's largest polarizer maker, signed a NT$4bn factoring (accounts receivable financing) deal with three Taiwan local banks, including…


Japan's corporate bankruptcies hit 16-year low

The total debt of Japan's corporate bankruptcies hit a 16-year low in the financial year just ended, as the world's…


Lending to SMEs increasing rapidly

The share of total bank loans going to small and medium sized enterprises ( SME in English, or KOB I…


Companies Act 2006 – time to check compliance

Consultations on Companies Law Reform have been taking place for a few years now and have culminated in the Companies…


Blended service of factoring and marketing offered to staffing companies.

Dillinger Kovach, ad and marketing agency, has partnered with The Hamilton Group, to bring a blended service of factoring and marketing to…


Israel 2006-2007 – increased profile of factoring is developing the…

Factoring in Israel is expected to continue to grow at a significant rate. In turn, the improvement in macro economic…


Latvia 2006-2007 – SMEs key driver in factoring market

2006 is expected to see further growth in the factoring market by at least 40%, compared with 2005. The first…


Hungary 2006-2007 – economic and legislative environment boosts factoring

In 2006, factoring turnover is expected to increase again by a similar level to 2005, due to the favourable economic…


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