BCR Latest News

Micro finance institution receives USD3.5m credit line

The European Bank for Reconstruction and Development (EBRD) is extending a US$3.5m credit line to support lending to local micro…


Davenham trades a successful quarter

Davenham has recorded a record first four months with more deals done than at any time in the company's 15-year…


Business confidence improving – Sensis Business Index

Australian business confidence has improved on the back of stronger consumer demand and falling petrol prices, although the drought remains…


Investment Company acquires 50pc stake in Eurokommerz Factoring Company

Eurokommertz is the largest factoring company in Russia and the CIS countries ranks first on the factoring market in the…


BRD sales turnover tops EUR240m in first 10 months

BRD Group's factoring department achieved a sales turnover of euros 243m in the ten months to 31 October 2006, on…


Late payment total grows 15pc annually

The Sinosure debt collection division handled 358 cases of overseas debt collection last year, compared with 184 in 2004. There…


First credit bureau in UAE opens

UAE's first credit bureau, Emcredit, which seeks to play a key role in credit risk management, has opened its doors…


CSOB Factoring elects further supervisory board member

Last week CSOB Factoring announced the appointment of (more…)


Morgan Stanley supplier finance scheme to boost Sainsbury supplier cash…

J Sainsbury has joined forces with Morgan Stanley to establish a new payment system allowing small suppliers to receive their…


EU and EBRD SME Finance Facility provides EUR10m loan to…

Hrvatska Postanka Banka d.d. has become the first Croatian bank to join the EU/EBRD SME Finance Facility (more…)


IFC adds Daycoval to trade finance programme

The programme provides funding for banks for short-term pre-export financing and eases access to foreign markets for midsize banks in…


SMEs' access to finance eased

The Turkish Union of Chambers and Commodities Exchanges (TOBB) and the Turkish Development Bank (TKB) signed a protocol of cooperation…


Global Trade Finance firms IPO, to offer L/Cs in 07

Global Trade Finance (GTF), the joint venture factoring company started by Exim Bank of India, is planning to come out…


EBRD provides a loan to boost SMEs

The European Bank for Reconstruction and Development (EBRD) and Mobiasbanca are intensifying their cooperation with a new US$6m loan provided…


Dresdner Factoring takes over competitor

Dresdner Factoring AG, a provider of factoring services for small- and medium-sized enterprises (SMEs), is taking over (more…)


Invoice finance props MBI deal

Cattles Invoice Finance has provided invoice finance to support a management buy-in for (more…)


Factoring to feel the force of hedge fund capital

Hedge funds have the potential to eat away at factoring in the next ten years, a leading investment manager in…


Experian Group Limited half-year interim results

Experian has announced its interim results for the six months to 30 September 2006. (more…)


New business initiative launched at Cattles Invoice Finance

Cattles Invoice Finance has recruited a specialist team to drive its business development programme, an  initiative that demonstrates the ongoing…


Lack of finance and information impairs SME exports/imports

Since China had fully opened its import and export rights and adopted a registration for (more…)


Loans to small firms hit record

Domestic lenders have shifted their focus to small- and medium-sized companies (SMEs) from households for their main source of income…


Pekao to take on BPH SME and Corporate customer base

The integration of Pekao SA and Bank PBH, which followed the merger of Italy's UniCredit and Germany's HSB, will have…


Coface to set up factoring subsidiary

Coface, the French credit insurance specialist, is to set up a subsidiary for factoring in Japan under the name (more…)


Fledgling credit bureau scheme aims to boost SME financing

SME finance is characterised by information asymmetries; a lack of credit information about SME borrowers and non-existence of SME-specific credit…


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