BCR Latest News

Investment banks see increase in demand from small enterprise

There is an increasing demand from corporates for other services like factoring-domestic and export, private equity placement, venture capital, capital…


Factoring market set to surge ahead

 We expect a dynamic development for the factoring market in the years to come, Lilyanov said (more…)


Bayside Business Solutions relocates, expands operations centre

Bayside Business Solutions announced the expansion and relocation of its Operations Center (more…)


DTI halves small business lending

Lending to small businesses under a flagship government support scheme almost halved during the past year, following controversial reforms (more…)


GTF extends e-sanction of loans to 10 million unregistered SSIs

Global Trade Finance (GTF) has extended e-loan sanction facility for export loans to 10 million unregistered SSIs in the country.…


Top ten factoring companies turnover up by 22pc

Polish Factoring Association (PZF) president Elzbieta Urbanska says Poland's ten biggest factoring companies reported turnover up 22% year-on-year to (more…)


Banco Penta plans to take over a part of Celfin's…

The unit was acquired by its parent company, local financial services holding Empresas Penta last year (more…)


Factoring Ceske Sporitelny confirms the top market position in 2006

Factoring Ceske Sporitelny exceeded the receivables turnover of Czk 30 bn and confirmed its position of market leader in the…


State bank to increase service for troubled small firms

Korea Development Bank will continue to support small companies this year and will establish a private equity fund as part…


Factors to get tailor-made credit checker

The International Factoring Association (IFA) is working on a scheme to provide its factor members a way of checking credit…


IFG to target Asia with education drive

The International Factors Group (IFG) will pay special attention to developments in factoring within Asia over the next 12 months.…


Greece 2006-07: As maturity nears, product differentiation comes to the…

The Greek factoring industry increased by approximately 1.8%, to euros 4.51 billion, experiencing a slowdown due to the lower industrial…


Netherlands 2006-07: Bank factors look overseas for margin increase

After five years of sluggish performance the Netherlands economy finally appears to have recovered and the factoring market is showing…


Italy 2006-07: IAS and Basel II drive change in the…

The total factoring turnover of ASSIFACT members was about euros 101 billion in 2005. The trend for the Italian factoring…


Belgium 2006-07: Lower pricing drives competition, but not growth

The Belgian economy has experienced modest growth in recent years as a result of consumer spending and business investment following…


Allianz to acquire all of French Unit

Allianz, the largest insurer in Europe, announced that it would buy out the minority shareholders of its French subsidiary AGF…


Barclays Asset & Sales Finance sponsors award

Barclays Asset Sales Finance is sponsoring the 'Account Manager of the Year - Products or Services' category in the National…


Siemens Financial and First Capital form new finance division

Siemens Financial Services the US financial services arm of Siemens AG, has formed a new company, Siemens First Capital Commercial…


ABC Bank trials loans to SMEs in Hebei

Yang Mingsheng, president of ABC, says that it is a big trial for the bank to solve the problem that…


Foreign companies entry may spur factoring

The Reserve Bank of India is making efforts to breathe fresh life into this sector by bringing in foreign players.…


Bibby Financial Services Group acquire Cash Reform a.s.

The Bibby Financial Services Group has announced that it has acquired Cash Reform a.s., the leading independent factoring company in the…


Slovak Factoring Market shows significant rise in 2006

The factoring market reported a steep increase last year. The volume of receivables bought by companies clustered in the Association…


HSBC unit buys Taiwan's Chailease Credit Services

HSBC Holdings unit Hongkong and Shanghai Banking Corp said it has agreed to buy Chailease Credit Services Co Ltd, Taiwan's…


Eximbank to increase loans and guarantees after record year

The Export-Import Bank of Korea plans to increase its loans and debt payment guarantees for companies to a record (more…)


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