BCR Latest News

Chilian CorpBanca gets listing with Nasdaq, Amex and NYSE

CorpBanca S.A. has been added to the NASDAQ, AMEX and NYSE. CorpBanca S.A. and its subsidiaries provide general commercial and consumer…


UK SME growth strong

The robust performance of UK SMEs Q3 2006 was almost replicated in the final quarter of the year with a…


EIB to give fresh boost to European SMEs

The EIB supported SMEs with a record level of bank credit lines in 2006 of EUR 5.8bn and a record…


Postbank wins prize for factoring services

Postbank was awarded two prizes at the international financial exhibition Banks, Investments, Money. Postbank's factoring services, offered by EFG Factors…


Dresdner Factoring share plummets following profit correction

Dresdner Factoring, the German factoring service provider, has corrected its pre-tax profit for 2006 downwards by more than 80 per…


Pakistani Bank Alfalah launches Milkait finance for SMEs

Bank Alfalah introduces Alfalah Milkiat Finance (AMF) to help Small and Medium Enterprises (SMEs) in Pakistan. The newly launched product is…


Valleys cash-flow firm plans expansion

Wageroller UK, a valleys financial services company, which has pioneered a new cash-flow boosting wages payment solution, has signed up…


UK firms hit by supplier fraud

More than half of UK businesses have lost money because of fraud, yet nearly a third of firms admit they…


The Commercial Finance Group Names New BDO in Southern California

The Commercial Finance Group announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…


EFE supports acquisition of King UK with receivables financing

King UK Limited, has been acquired by the Manchester-based private vehicle, Casper Limited, in a deal backed by Enterprise Finance…


GMAC Commercial Finance receivables funding for Bridisco

The European structured finance group at  GMAC CF has provided a £45 million three year senior secured credit facility to…


HSBC acquires factoring business in Taiwan

HSBC Group has entered into an agreement to acquire one of Taiwan s leading factoring companies, Chailease Credit Services. Taiwan…


Board-level restructure for Bibby Financial Services

After a rapid period of UK and overseas growth, Bibby Financial Services, a global provider of business cash flow solutions,…


Nicaragua 2006-2007 CAFTA to increase factoring opportunities

When the Central American Free Trade Agreement (CAFTA) comes into place, Nicaraguan exports will increase, increasing opportunities for (more…)


Turkey 2006-2007 Factoring regulation changes resolving problems

Changes to the factoring regulations will commence in 2006 and will continue in 2007, and this will resolve many of…


Denmark 2007-2007 Single digit growth in factoring market

The introduction of the floating charge, although offering the opportunity for factors to expand their products and services, is nevertheless…


Croatia 2006-2007 Factoring popular short-term financial product

In Croatia, factoring is becoming a popular short-term financial product although there is room to improve on the progress made…


Need for co-operation in global factoring industry – IFG

The factoring and asset based lending industry is growing and changing fast. However, it is relatively fragmented, with big differences…


Jeff Longhurst appointed managing director of Eurofactor UK

Eurofactor is pleased to announce that Jeff Longhurst has been appointed managing director of its UK subsidiary Eurofactor (UK) Limited.…


Moody s upgrades Atradius Reinsurance Ltd to A2

Moody s have upgraded Atradius Reinsurance Ltd from Baa1 to A2, bringing the Atradius Reinsurance rating in line with the…


Accord Financial Corp recourse factoring yields up in 2006

Accord Financial Corp., a North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and guarantees,…


GE and Modus fund Mondi Speciality Packaging MBO

An 18million funding package, from GE Commercial Finance s Business Finance unit and Modus Private Equity, has facilitated the MBO…


SME information day for new funding schemes

The aim of the information day, which is organised by the European Commission, is to provide participants with in depth…


FCI Appoints education officer

FCI is pleased to announce the appointment of the new FCI education officer, Mr. Philip Cheng.  Cheng is currently working for…


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