BCR Latest News

MFB approves loans worth Ft 270bn this year

The state-owned Hungarian Development Bank Zrt (MFB) approved loans worth more than Ft270bn by early December, the bank's management announced.…


EFIC Headway backs Frosty Boy in China export growth plans

Queensland based Frosty Boy Australia is making its mark on world export markets. The Brisbane company has announced plans to…


Big Lots reveals supplier finance deal

US retailer Big Lots is to deploy a new supply chain finance platform for its suppliers. Prime Revenue, the provider…


International Factors Group continues to grow

International Factors Group has announced its continued expansion with the (more…)


Queensland small to medium sized exporters to receive working capital…

Queensland's small-to medium-sized enterprises (SMEs) will be better placed to seize export opportunities because of access to additional working capital…


Bibby Financial Services announces CEO for Southeast Business Unit

Bibby Financial Services announced the promotion to chief executive officer of (more…)


Coface expects government austerity measures to boost credit

The Hungarian unit of Coface expects credit risk in Hungary to increase in 2007 as a result of the government's…


Access Bank leads in foreign trade financing

Access Bank Plc was given a pat on the back for financing the Export Sector. It received an award presented…


Leading insurance underwriters back EBRD trade programme

The EBRD will be able to increase substantially its trade activities across the Commonwealth of Independent States after a group…


Banks lose favour with accountants

Accountants would rather refer clients to an independent financier than a bank, according to survey findings released by invoice finance…


Mechanic's lien: A new dawn for factor's security over debt?

Factors worldwide are missing out on a simple yet effective way of increasing their powers over receivables collection. Called 'mechanic's lien'…


Landsbanki Commercial Finance funds specialist leather and textile manufacturer in…

Landsbanki Commercial Finance, the global asset-based lender and structured finance provider, is providing a credit facility to a worldwide manufacturer and…


Factoring and leasing laws due for reform

Pramon Suthivong, chairman of the Board of Trade, said the Joint Standing Committee on Commerce, Industry and Banking would propose…


BCR Leasing to start factoring services

BCR Leasing received its shareholders' approval to expand its business by including such operations as factoring, discounting and forfeiting services…


Factoring CS launches Pharma Factoring

At the 16th meeting of Czech Pharmacy Association, Factoring Ceske Sporitelny has launched Pharma Factoring, a new product aimed at…


Apax buys stake in Farmafactoring

Private equity house Apax has reportedly acquired a stake in Farmafactoring, the Italian factoring company for the pharmaceutical and healthcare sector…


Societe Generale CIB launch ALLtra

Surecomp, a leading provider of integrated enabling technologies for the banking and financial market, today announced that Paris-headquartered (more…)


Stanchart launches products to support SMEs

Standard Chartered Bank has launched two products to support the Small Medium Enterprise (SME) sector (more…)


Cobra Beer secures invoice discounting facility

The maker of Cobra Beer, one of the UK fastest growing beer brands, has had a tender for an undisclosed…


Australian exporters to develop debt finance

Export Finance and Insurance Corporation (EFIC), the Australian Government's export credit agency, today announced that it is providing debt financing…


Coface to launch factoring ops in Japan this month

French credit insurer Coface will start offering factoring services in Japan this month, the first time it has provided this…


Capitalia to support SMEs

Italian bank Capitalia has launched a new EUR2bn programme aimed at supporting growth, innovation and internationalisation of small- and medium-sized…


Lloyds TSB names head of Commercial Finance Ireland

A new commercial finance player has entered the market in Ireland. Lloyds TSB Commercial Finance enters the Irish market, under…


Competition regulator probes factoring transactions

Russia's anti-monopoly service has launched an inquiry into factoring operations to sell accounts receivable conducted by (more…)


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