BCR Latest News

SACE credit chief sees firm rise in exports

Alessandro Castellano, the managing director of Italy's export credit insurance company SACE SpA, said exports should rise firmly in the…


Bangkok Bank targets 10-12% growth in SME loans

Bangkok Bank expects 10% to 12% growth in loans to small- and medium-sized businesses (SMEs), according to president Chartsiri Sophonpanich…


SMEs account for 70% of China's foreign trade: report

Small- and medium-sized enterprises (SMEs) have emerged as an important engine of China's foreign trade growth, according to a recent…


GMAC's finance units hail new independence

GMAC Financial Services, owner of GMAC Commercial Finance, has begun life as an independent global financial services company after its…


Factor quenches cashflow thirst for Royal Spring

Royal Spring Water, a bottler and distributor of water in the US, has announced it has secured an accounts receivable…


HSBC sees surge in SME equipment financing

The recent growth in government figures for total investment in machinery, equipment and computers is echoed by figures released by…


Wells Fargo buys Dallas factoring firm

Wells Fargo Co. said Thursday that it was purchasing a Dallas-based factoring company serving small- and mid-sized businesses (more…)


eBuyer credit insurance increased

Credit insurer Euler Hermes has kept its promise to start upping limits for eBuyer after the e-tailer shared up-to-date (more…)


Three Gorges credit guarantee hopes to secure CNY1.3bn loans

Three Gorges Industrial Credit Guarantee Company, China's largest guarantee company, signed an agreement this week to provide guarantee for (more…)


EBRD further reduces stake in Bank Pekao

The EBRD has sold 50 per cent of its remaining equity stake in Bank Pekao, a leading bank in Poland…


J Sainsbury details supplier finance deal

Prime Revenue has been chosen by Sainsbury to provide its technology and services to power the Sainsbury's Trading Finance Platform…


Trade finance pricing service launched

Markit Group has launched a trade finance pricing and index service to broaden further its coverage of (more…)


GE Commercial Finance starts up trade receivables securitisation unit

GE Commercial Finance is starting up a new effort to securitise trade account receivables. While the company has provided trade…


Cattles Invoice Finance and Merseyside Special Investment Fund help firm…

A crucial milllion pound investment has allowed an established Liverpool creative and technology communications company to tap in to the…


Factoring fraud case to grand jury

If convicted, he could face up to 20 years in prison. The fraud charges stem from US$270,000 advanced as part…


Exim Bank approved loans and guarantees up 51pc

Export Import Bank Bhd says it is likely to achieve its targeted RM70m net gain this year and expects profit…


One in three factors to cut pricing next year

A third of UK factors and invoice discounters are set to reduce pricing on their invoice finance deals in 2007,…


3i Infotech expands in Saudi Arabia

3i Infotech is launching a fully owned subsidiary, 3i Infotech (Saudi Arabia), and will set up offices in Riyadh, Jeddah…


HSBC introduces invoice finance for Maltese businesses

The cash flow situation and the headache of debt collecting suffered by many Maltese businesses stand to be appreciably improved…


ABN Amro Bank gains license for factoring and forfeiting

The Banking Regulation and Supervision Board (BDDK) granted permission to the Istanbul Branch of the ABN AMRO NV for factoring…


Coface share acquisition beefs up offering in Italy

Coface, the credit insurance and corporate analysis unit of Natixis, said it has agreed to buy a 15% stake in…


Receivables puts – innovative protection against debtor default

In the booming world of credit derivatives, there is a new growth area - companies buying derivatives to protect themselves…


Coface ups Jan-Sep premiums 38pc

The Chilean subsidiary of French credit insurer Coface grew written premiums 38.4% from January-September this year to (more…)


Wells Fargo sees Bay Area small business lending soar

Wells Fargo said the dollar volume of its small business lending in the Bay Area jumped almost 33% to (more…)


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