BCR Latest News

RM51bn loans for SMEs

“This will be complemented by a target to approve 37,000 loans under various Government schemes,”  Malasyan International Trade and Industry Deputy…


Factorline to enter consumer finance market

Chile's Factorline will enter the fast-growing consumer finance market this year through a new unit, reported Factorline general manager Sergio…


EBRD supports Microinvest with USD1m loan

The European Bank for reconstruction and Development (EBRD) is providing the Moldovan microfinance institution Microinvest with a US$1m loan for…


SMEs to get easier access to new loans

Bank Indonesia will relax its lending requirements to encourage the extending of more loans particularly to small- and medium-sized enterprises…


Surecomp launches allNETT

Surecomp, has announced the launch of all NETT, a Java J2EE Internet-based trade finance customer front-end solution for use by…


Time for change in financing the supply chain

Global opportunities abound in the factoring industry, according to the views of delegates at BCR's 7th receivables finance conference, held…


Demand for Islamic finance grows

Gulf Arab companies face constraints in using Islamic finance because of its lack of depth but will increasingly use it…


Estonia 2006-2007 – Export factoring growth expected

While the shift to the Euro will simplify business transactions because the costs of converting to different currencies are nullified,…


Coface buys Kompass' French, Belgian and Spanish subsidiaries

Pages Jaunes, the French directories publisher, has sold its subsidiaries Kompass France and Kompass Belgium to Coface, the French credit…


Andreas Tesch appointed director Atradius Global

Andreas Tesch has been appointed a Director Atradius Global and New Markets. He will assume all responsibilities for Atradius' global…


Promsvyazbank to provide international factoring and trade financing

Bank of China has opened a US$30 m credit line for Promsvyazbank to finance foreign trade operations by clients trading…


Factoring Ceskй sporitelny revenues up a third in 2006

Last year, Factoring Ceské sporitelny crossed the CZK 30 bn threshold, in revenue from receivables, and defended its position as…


Local group acquires additional 41 per cent stake in Factorline

Chile's Massu group has acquired a 41.2% additional stake in local international factoring firm Factorline for an undisclosed sum, Factorline…


Agribank funds USD5.5m to develop SMEs

The Agriculture and Rural Development Bank (Agribank) will fund US$5.5m to help small- and medium-sized enterprises (SMEs) to expand production…


Coface : highest organic growth in ten years

Rapid development abroad 60 countries now covered, strong receivables finance business growth, up 40%, best financial rating in the profession,…


Fraudwatch – new national fraud data centre planned

Companies could be asked to provide funding and financial expertise for a new national fraud data pooling and intelligence center…


Dresdner Factoring AG: Annual report for 2006 published

The Group's earnings performance in the first quarter of 2007 is different for its two operating companies: TEWEFA Factoring GmbH…


Burgess Funding Group now offering accounts receivable funding and financing

Burgess Funding Group, a commercial lending broker is announcing its new Accounts Receivable Financing service designed for improving business cash…


Miami-based Phinder Technologies secures USD10m

Phinder Technologies Inc. has closed a $10 million accounts receivable factoring line with Thermo Credit of New Orleans and Rockland…


AEON launching financing scheme for SMEs

AEON Credit Service (M) Bhd will launch a new financing scheme for small and medium enterprises (SMEs) in June as…


London Scottish Bank replaces chairman

Specialist financial services group London Scottish Bank Plc has appointed Peter Cordrey as its new chairman. LSB also said that…


GTF eyes Indian market

Global Trade Finance Ltd (GTF) feels SMEs exports are rising sharply and they believesthey will become a leader in the  international…


FTC Commercial Corp. agents USD20m ABL facility for leading furniture…

Kenneth Wengrod, President of FTC Commercial Corp, has announced that FTC was the arranger and agent for a $20m asset-based revolving…


Pharma SMEs may trade with margins

The large number of SMEs in the pharmaceutical sector may be allowed to give a higher trade margin to chemists…


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