BCR Latest News

Turnover for Italease Factorit up 32 per cent

The factoring unit of Banca Italease, the asset finance group, achieved a turnover of euro 7.6bn for the six months…


Fraud for the asset-based lender: An occupational hazard?

Fraud is without doubt the biggest threat to the ABL industry and its consequences are far reaching which is why…


Barclays Asset and Sales Finance announces new director appointments

Barclays Asset and Sales Finance has made a number of new appointments to bolster its presence across the UK. Specifically…


IF Group continues to grow

International Factors Group (IFG) reports that it is welcoming two new companies to the association (more…)


Equipment Leasing Association annual survey results indicate strong performance of…

The Equipment Leasing Association (ELA) today released the results of its 2006 Survey of Industry Activity (SIA) report which shows…


Factor attraction: How to appeal to an invoice financier

Steve Websdale at Venture Finance offers advice to business owners and directors on making their company attractive to factors and…


Platinum Funding Group provides US$70 m accounts receivable funding to…

Platinum Funding Group announced today that it has entered into a factoring arrangement with one of the leading general construction…


AGF Seguros director moves to Euler Hermes

According to insurance federation Fenaseg, the southern regional director for AGF Seguros has left his position as a to become…


IGF appoints Head of Client Relations, South East

Independent Growth Finance (IGF), a leading independent provider of finance for businesses, has announced the appointment of (more…)


MPS Leasing & Factoring gross profit leaps in H1 2006

MPS Leasing Factoring can boast one of the best performances within the Monte dei Paschi di Siena group and keeps…


Euler Hermes announces new CEO Japan and election to Member…

The newly appointed CEO Japan joined German insurance company Euler Hermes Zrt in 1996 as a sales representative and was then…


Demica launches supplier finance tool

Demica, the working capital solutions group, has launched an automated supply chain finance tool (more…)


Lloyds TSB Commercial Finance appoints new regional director for London…

Lloyds TSB Commercial Finance (LTSBCF) has signalled its intent to further grow market share in London and the South following…


Euler to provide cover for joint Rosselkhozbank and AKA bank…

Insurance coverage for the joint projects will be provided by insurance agency Euler Hermes, whose representatives attended the agreement signing…


OCF to extend accounts receivable factoring services to the healthcare…

Ozarks Capital Funding has launched a factoring product for the healthcare industry (more…)


Foreign majors want a slice of growing factoring pie

Given the increasing demand for factoring services, foreign players such as Development Bank of Singapore (DBS) and GE Capital are…


HSBC lowers forward cover threshold to assist more SME exporters

The Hongkong and Shanghai Banking Corporation has lowered its internally fixed threshold for offering forward cover to $50,000 per consignment…


King Capital Corp. to expand asset-based lending

The King Capital Corporation announced that its board of directors has approved a plan to redirect the company's business activities.…


Accountancy Investigation and Discipline Board opens Mayflower hearing

The first public hearings of the Accountancy Investigation and Discipline Board opened with allegations of irregularities in the use of…


Export Credit Office flops with only five guarantees

The Export Credit Office has proven to be a flop, with the value of export deals guaranteed this year amounting…


Alliance Bank to focus on growing SME business

Alliance Bank Malaysia Bhd is looking to grow its small- and medium-sized enterprise (SME) business in the current financial year,…


Barclays receives banking licence to operate in Qatar

Barclays Bank has announced that it has been granted a banking licence by the Qatar Financial Centre Regulatory Authority to…


StanChart launches Express Trade loan facility

Standard Chartered Bank Malaysia Bhd (StanChart) has launched a new loan for small businesses and expects it to help drive…


International factoring business to grow by 30 – 35% annually

Chile's factoring industry will see international operations grow by 30 - 35% annually over the next few years, according to…


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