BCR Latest News

Czech Republic 2006-07: Flux and consolidation continues in factoring market

Tomas Moravek, Chairman of the Board and General Manager O.B Heller, takes a look at the trials and tribulations of the Czech…


ECGC to launch factoring business

Export Credit Guarantee Corporation of India (ECGC), the fifth largest credit insurer of the world in terms of national exports…


Export factoring remains target for Factoring Ceske Sporitelny

Factoring Ceske sporitelny, which belongs to the Austrian Erste Bank Group, maintained pole position in the Czech factoring market leader…


ABL uncovered: Lending against intangible assets – the Final Frontier

The market for asset based lending, mainly based on receivables, property, plant machinery, and inventory, is becoming fiercely competitive. In…


SMEs battle with New Year payment hangover – Cattles

Three in five SMEs in the UK are struggling with a new year payment battle, following tough December trading and…


Guatemalan retail relishes using factoring

Large Guatemalan retail stores are finding factoring useful as they extend credit-card services to a broader range of consumers (more…)


Government plans support for smaller businesses

The government plans to aid 30,000 small- and medium-sized businesses (SMEs) by 2008, Prime Minister Han Myeong-sook announced at a…


Beijing to provide credit guarantees supporting SMEs

By the end of 2010, small- and medium-sized enterprises (SMEs) in Beijing will get credit guarantees valued at a minimum…


Fraudwatch Bulletin – SEC and Sarbox, carousel fraud

In this latest edition of Fraudwatch, the SEC announces changes to Sarbox, making it easier for foreign companies to list…


Standard Chartered Bank to focus on SMEs with cash flow…

Standard Chartered Bank (SCB) will focus on small and medium enterprises (SMEs) in Pakistan, catering to their financial requirements through…


Banesto targets major hike in SME lending

Banco Espanol de Credito SA said it is targeting 22 per cent growth in lending to small and medium sized…


Citibank Korea launches SME service

Citibank Korea unveiled a new customised service package designed to provide comprehensive benefits for small businesses and professionals (more…)


India 2006-07: International trade to provide boost for factoring in…

Arvind Sonmale, CEO of Global Trade Finance, examines the current climate for factoring in India and the potential for growth in…


All change at Foremost Factors

Foremost Factors, the first factor to offer export factoring in India, has announced Mr Vikas Nanda, chief executive officer, and…


Finance boon for exporters

Export-Import Bank of the United States chairman and president James H. Lambright will be among the international lenders participating (more…)


Griswold secures major factoring deal

Platinum Funding Group has announced it has completed a two-year factoring facility for Griswold Manufacturing, worth (more…)


Atradius appoints general manager for Slovakia

The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)


CIT reveals new corporate finance chief

CIT Group has named Walter J. Owens president of CIT Corporate Finance. In this newly created position he will work…


Fortis beefs up asset finance delivery

Fortis Lease Group has acquired Captive Finance Limited. The transaction, worth approximately EUR 32 million (HKD 327 million/USD 42 million)…


SMEs set for bumper payout

Small and medium enterprises (SMEs) may soon become investment hot spots in the IT segment. The department of information technology…


IFG notes Chilean revolution

The International Factors Group (IFG) says Chile is ripe for a revolution in international factoring. The factor exchange body, announcing…


Record hiring as growth picks up in financial services –…

Financial services firms have recovered from a sharp summer dip to enjoy a quarter of strong growth in business volumes…


VUB Factoring expects 15 per cent growth in turnover

Financial services company VUB Factoring estimates the volume of receivables it refinanced to have increased by about (more…)


Thai deal for exporters

The Export-Import Bank of Thailand (Exim) voiced readiness to support expansion of commercial ties with Iran (more…)


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