BCR Latest News

SME loan guarantees fall in 2006

While lending to SMEs grew much faster than corporate lending as a whole, financing of SMEs is still unsatisfactory, because…


Banks pump hundreds of millions of euros into SMEs

As the market of funding for the SME client segment took off in 2006, several players in the system introduced…


Apax Partners completes Farmafactoring deal

Private equity firm Apax Partners has completed the acquisition of Farmafactoring, the Italian group that provides factoring services to the…


Eurokommerz issues bonds on MICEX

Eurokommerz, one of Russia's leading factoring companies, will issue 01 Series bonds on the MICEX Stock Exchange (more…)


Greenfield Financial Group Inc. announces amalgamation of subsidiaries

Greenfield Financial Group Inc., a provider of specialty finance services, has announced that on 1 January 2007 it will amalgamate…


Retention tactics for the specialised finance firm: Excellence in service…

This is the second in a series of articles to assist you in winning business and loyal clients. The prior article…


Deadline for new rules on documentary credits

New rules on documentary credits will come into force in July next year, the International Chamber of Commerce (ICC) has…


Factoring unit restructured at Marlin

Marlin Business Services has announced a series of changes to its management. Lynne Wilson, Marlin's chief financial officer, will assume…


Dwinn-Shaffer arranges USD8m factoring agreement

Dwinn-Shaffer Company's newly formed Corporate Finance Division announced the negotiation of an US$8m factoring agreement arranged for a long-standing client…


EBRD grants EUR200m to BRD for onlending

Romanian bank BRD-Groupe Societe Generale and the European Bank for Reconstruction and Development (EBRD) signed an agreement (more…)


SLSP Factoring expects SKK 20.5 bn. turnover this year

Financial services company Factoring Slovenskej Sporitelne (SLSP) said that its turnover this year will exceed SKK20bn (EUR575m) (more…)


Poland 2006-07: Can factoring maintain strong growth ten years on?

The tenth anniversary of factoring in Poland presents an ideal opportunity to analyse the development of the Polish factoring industry…


Invoice finance contract ends good year for Davenham

Davenham Trade Finance is providing an invoice finance deal for a Cheshire-based company as a result of a funder (more…)


Barclays targets SME finance with Nile Bank deal

Barclays Bank has announced the acquisition of Nile Bank, a Ugandan commercial bank specialising in SME finance (more…)


Cash flow finance for the 21st Century

Securing working capital finance is fundamental to a small and medium-sized enterprise (SME), of which there are around 4 million…


Public Bank introduces microfinancing

Public Bank has launched a new microfinancing facility known as PBMicro Finance to meet the funding needs of micro entrepreneurs…


Capstone provides USD19m factoring deal to jewellery distributor

Fine jewellery distributor and manufacturer D'Annunzio Distribution Inc., based in Totowa, New Jersey, signed a two-year, US$19.2m financing deal with…


TTK bank to use EBRD loan to finance local SMEs

The EBRD is lending TTK Bank AD Skopje, a medium-sized bank in FYR Macedonia, EUR5m to finance more small- and…


BBVA to provide SMEs with credit line to boost competitiveness

Banco Bilbao Vizcaya Argentaria SA (BBVA) said it has launched a EUR200m credit line supported by the European Investment Bank…


RDM acquisition signals further industry consolidation

Another independent bites the dust, although at least this time it is at the expense of another small player expanding…


UK SMEs predict a happy new year – survey

Nearly half of all small and medium sized business owners in the UK (48 per cent) view expanding their business…


Retention Tactics for the Specialised Financial Services Firm

This is the next in a series of articles to assist you in winning business and loyal clients. Mark Mandula…


EBRD makes loan to VTB 24 bank, SMEs to benefit

The European Bank for Reconstruction and Development, the pioneer of small business lending in Russia, has provided a (more…)


First direct loan to private Kosovar company

The EBRD is providing its first direct loan to a private company in Kosovo to help local entrepreneurs finance the…


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