BCR Latest News

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…


Climate change is an issue for smaller businesses – Bibby

With the Queen's speech and recent Stern report calling for urgent action from the Government and businesses on climate change…


ING to grow organically

According to Brunon Bartkiewicz, head of ING Bank Slaski, the bank will continue its development based on organic growth next…


Cattles staff support charity with bumper sack of gifts

A bumper sack of Christmas cheer was delivered to members of Leeds charity, the Chinese Women's Group, by David Jones,…


Wells Fargo confirms factoring company deal

Wells Fargo Company said it has acquired Evergreen Funding Corp., the Dallas-based factoring company serving small and middle market companies…


Factoring market still has space to expand

One of the fastest growing areas in the debt management sector is the factoring business. (more…)


Humphreys upgrades rating on Factorline debt

Chilean ratings agency Humphreys has upgraded its rating on the commercial paper issued by factoring firm Factorline from BBB+ to (more…)


Competitive SMEs are a scarce resource

The number of small- and medium-sized enterprises (SMEs) recommended for investment might not reach a thousand, says Mikael C. Szabo,…


Euler Hermes sets up in Ireland

Euler Hermes has set up shop in Ireland, with plans to employ more than 20 people within 12 months. The…


Cash flow financing to surge ahead in 2007

While the flurry of retail activity can lead us to think that Christmas is a boom time for business, this…


BancoEstado grabs target market share in factoring business

Chile's third largest bank, state-owned BancoEstado, has achieved its goal of grabbing a 4 per cent market share in the local…


EBRD supports Bank Respublika with co-financing facility

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion and diversification of Azerbaijan (more…)


Exim Bank ropes in four commercial banks for export finance…

Export-Import Bank of Malaysia Bhd (Exim Bank) has roped in Malayan Banking Bhd (Maybank), CIMB Bank Bhd, RHB Bank Bhd…


Finance sector must compete to survive

Under World Trade Organisation (WTO) commitments, Vietnam must open its finance and banking sector by April 2007. As a result,…


Cattles on track to deliver double-digit FY profit growth

Cattles PLC said in a trading statement that it is on track to deliver double-digit profit growth for the full…


How using mechanics lien rights gives factors increased powers over…

International factoring firms can use US and Canadian laws as powerful trade finance and security tools to dramatically decrease risk…


CBI welcomes SEC decisions on Sarbanes Oxley, company deregistration

The CBI has backed decisions by the US SEC to loosen its rules for company de-registration and to allow managers more…


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