BCR Latest News

VUB Factoring number two in the Slovak market

VUB bank spokeswoman Alena Walterova announced that VUB Factoring financed receivables in the period Q1 to Q3 2006 (more…)


ABL: Pawnbroking for the corporate or the start of a…

Asset-based lending (ABL) is one of those industry buzz terms that refuses to go away. Unsurprisingly its significance, potential and…


Bangladesh Bank contemplating factoring and forfeiting

Bangladesh Bank has formed a committee to formulate rules and regulations for exploring the potential of launching factoring and forfaiting…


Siam General Factoring announces Q3 results

Siam General Factoring reported a Q3 net profit of 507.31m bt compared to (more…)


Coface names Canada Country Manager

Global credit management services provider, Coface, today announced the appointment of its country manager for Canada (more…)


Versailles Trade Finance fraudster pays millions to compensate victims

Carlton Cushnie, the convicted fraudster and former chairman and finance director of Versailles, has handed over millions of his ill-gotten…


CSOB Factoring names new supervisory board member

The new member of the supervisory board of CSOB Factoring has worked within the CSOB group since 2003 and will…


Slovak Factoring Association sees factoring volumes grow

Factoring companies operating in the Slovak market are succesful in persuading clients about the usefulnesss of their services. In H1…


Former ABL executives launch Diamond Business Credit

Diamond Business Credit announced it is ready to serve the marketplace with direct asset-based loans specifically designed for borrowers that…


Middle East Lloyds TSB creates bespoke cash flow facility for…

Steve Williams, chief operating officer at Middle East Lloyds TSB Group, estimates that there are up to 50,000 small businesses…


Concern over shrinking bank credit to SMEs

Industrial Development Bank of India director, K Narasimha Murthy, has observed that the rate at which bank credit for the…


Wells Fargo generates 1 in 5 small business lending dollars

Small business loan growth remains strong according to the latest, most comprehensive government data. In 2005, Wells Fargo increased its…


EBRD expands microfinance in Azerbaijan

The European Bank for Reconstruction and Development (EBRD) is expanding its support for rural areas of Azerbaijan with two loans…


Coface reports on sectoral risk of Czech economy in 2006

The analysis compared the number of bankruptcies declared in 2005 and the first three quarters of 2006 with the number…


Exim Bank on track to achieve lending target

The Export-Import Bank of Thailand approved a total of Bt17.4bn ( 372m) in new loans and export-credit insurance policies during…


Atradius announces new MD for Czech Republic

The Czech branch of Atradius, the credit insurance company, has made staff changes in response to the company's rapid growth.…


Small firms win relief on Sarbanes-Oxley

The US Securities and Exchange Commission (SEC) and the board that regulates accountants will revise the Sarbanes-Oxley corporate governance law…


Breath of life for SMEs with 'Anatolia Approach'

A package called the Anatolia Approach, devised to help solve the financial problems of 70,000 small- and medium-sized enterprises (SMEs),…


Ashley builds South East team

Ashley Commercial Finance Ltd has announced the appointment of its Regional Sales Director for the South East (more…)


Logicom insures Dubai debtors

Logicom Pcl (LOG) has signed a credit insurance agreement with Atradius Credit Insurance N.V, one of the largest insurance company…


The Ex-Im Bank designates City National Bank as a High…

City National Bank was recently designated as a High Plus Delegated Authority lender by The Export-Import Bank of the United…


ABN AMRO launches China asset-based and receivables business

The newly established entity, ABN AMRO Leasing (China) Co Ltd, will offer products such as financial leases, operating leases, sale…


Bancolombia announces new corporate image

BANCOLOMBIA S.A has changed its corporate image. From now on, the financial group shall be denominated as Grupo Bancolombia (formerly…


EFIC, Atradius reinsurance agreement extends reach for Australian exporters

Export Finance and Insurance Corporation has signed a Reciprocal Reinsurance Agreement with Atradius Dutch State Business NV making it the…


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