BCR Latest News

HSBC attains factoring and forfeiting licence

The Banking Regulation and Supervision Board (BDDK) granted permission for factoring and forfeiting transactions to HSBC Bank (more…)


SMEs spoilt for choice

Small businesses have historically found it difficult to raise funds, Steve Websdale, director of Venture Finance, looks at how invoice…


EDC invests in venture debt fund to benefit SME exporters

Export Development Canada (EDC) announced that it has invested CAD10m (US$8.78m) in the WF Fund III Limited Partnership, a CAD$125m…


Experian adds new data elements to National Business Database

Experian Group Ltd has announced the addition of more than 30 new data elements to its National Business Database (more…)


Small financial services companies to take advantage of accounting and…

The regulations will allow more companies to take advantage of accounting and auditing exemptions in the Companies Act 1985. The…


Bridge Finance names managing director, Chicago HQ

Bridge Finance Group (BFG) announced the appointment as managing director in its Chicago headquarters (more…)


City National Bank adds to its export finance capabilities

Los Angeles-based City National Bank has added two export finance products to help small- and mid-sized export companies in California.…


Financier sets up shop with eye on Ottawa small business…

Maple Trade Finance Inc., which specialises in financing receivables and other transaction-based lending, has opened an office in Ottawa with…


US$50 m to help boost small business finance

One of Russia's top private banks, MDM Bank, is joining the Russia Small Business Fund (RSBF) lending programme. A five-year…


ShoreCap International, Plantersbank partner in microfinance

ShoreCap International is making available the initial investment of US$2 m as additional funding for Plantersbank's micro finance (more…)


Landsbanki Commercial Finance first year growth exceeds expectations

Twelve months after launching in London, Landsbanki Commercial Finance (LCF) is already two years ahead of its initial business plan…


Five Arrows funding saves historic Yorkshire clothing group

An historic Yorkshire clothing business than can trace its roots back 170 years, has been saved from closure following a…


SMEs Knowledge gap holding UK financiers back

Finance professionals are struggling to penetrate the UK small- and medium-sized enterprise (SME) sector due to a lack of understanding…


Quorum appoints top Nordea exec to Board

With experience as a member of the Executive Committee of Factors Chain International (FCI) and, more recently, as the Factoring…


FACT.pilot and SAP R/3: Advantages for factoring outlined

Here fidis, the factoring software specialist, outlines the pros of using FACT. pilot, a new product launched to offer factors…


City Invoice Finance funding helps firm to expand

North Wales coffee machine supplier The Coffee Bean plans to move into new markets and extend its product range following a…


Surety Bank of Fort Worth to be sold

Surety Bank of Fort Worth, the county's smallest commercial bank and also the one that has struggled the most in…


Polmetal sells shares in Eurofaktor

Polish metals firm ZM Polmetal sold 59,700 shares in Eurofaktor, a factoring firm, cutting its interest from (more…)


EBRD extends first long maturity syndicated loan to a Ukrainian…

The European Bank for Reconstruction and Development (EBRD) is providing a US$42 m loan to Ukraine s Kreditprombank. It will…


SZRB to increase loans to small enterprise

Slovak Guarantee and Development Bank wants to provide a larger number of loans with a smaller total amount (more…)


Jiri Matula takes up new appointment

Jirí Matula, formerly chairman of the board of one of the biggest factoring companies in the Czech market, Transfinance, has…


Transfinance announces new chairwoman

Factoring company Transfinance has named chairwoman of the board of directors (more…)


EuroAmerica to launch leasing and factoring services in 2007

Last December, EuroAmérica bought the life insurance portfolio of the local subsidiary of Dutch banking group ABN Amro for an…


Financial crimes watchdog established

A bill that allows the establishment of the Financial Crimes Research Council and seeks to eliminate money laundering was passed…


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