BCR Latest News

China EXIM bank to make loans to Taiwan-funded firms

The Export-Import Bank of China (China EXIM) has introduced its export credit and guarantee services to companies from China Taiwan…


UGB signs credit line agreement with Arab Trade Financing Program

United Gulf Bank and the Arab Trade Financing Program (ATFP) have signed an agreement to encourage financing of Arab trade.…


Euler Hermes posts 38.5 per cent increase in net profit…

Euler Hermes, the French credit insurance group, has posted a 38.5 per cent leap in interim net profit, to euros…


Corfo invites bids for US$11m of microloans

Chile's economic development agency Corfo has launched a tender for local banks to bid for pesos 6bn (US$11.1m) worth of…


Dahua buys credit insurance to avoid export risks

Dahua Group turned to export to non-WTO member countries last year and most of them are paying for goods on…


Fidis announces autumn tour

Factoring software specialist Fidis has revealed the dates of its latest live tour. Finance houses will be able to meet…


SMEs account for half of total turnover

The UK's small and medium-sized enterprises (SMEs) accounted for more than half the total turnover in 2005, according to (more…)


Charterhouse joins payment improvement code

Charterhouse Group International, owner of Charterhouse Commercial Finance, has become a signatory to the Better Payment Practice Code (more…)


Versailles fraudster gets three more years

One of the masterminds behind the Versailles fraud has been sentenced to an additional three years in prison after failing…


HSBC ties up with New India Assurance for factoring credit…

The Hongkong and Shanghai Banking Corporation Limited (HSBC) buys credit insurance protection on behalf of its factoring services clients. Till…


AEX launches credit card factoring guide

AEX Commercial Financing Group, LLC today announced that it has published The Credit Card Receivables Guide to assist business owners…


IFG increases membership

The International Factors Group (IFG) has announced three additions to its membership (more…)


HPD recruits Benschop from International Factors Group

HPD Software (HPD) has appointed Sjoerd Benschop as business consultant for Aquarius, its asset finance and lending software. Benschop joins…


Dresdner Factoring to open four units by Q1 2007

Dresdner Factoring says it will open four new agencies in Frankfurt, Hamburg, Hanover and Munich by first quarter 2007 (more…)


Suppliers hit by slow paying energy firms

The average time it takes for energy firms to pay their suppliers is 37 days, according to research from ICC…


Microcredit Bank's credit investments grow by 60bn soums in 1H

As of 1 July, Microcredit Bank's credit investments grew by 60bn soums to 93.66bn soums. Of this, 15m soums fall…


Winning business in invoice finance – The survey process

Mark Mandula offers his guidance from the viewpoint of an experienced business finance professional based in the US. Winning business…


State insurer aims to bring smiles to exporters

Korea needs to be open to change and exploring new territory to survive in the global marketplace, said the head…


Banks eye small scale sector for business

For some time now, India's small- and medium-sized enterprise (SME) sector was facing a mid life crisis due to lack…


Staffing the UK invoice finance industry: The view from the…

Recruitment within the UK invoice finance industry has remained a topic of much debate over the years. The industry itself…


Small firms constrained by lack of access to finance

Access to finance remained a problem for Botswanan small- and medium-sized enterprises (SMEs) and cash remained these enterprises' preferred means…


Credit, factoring, trade finance in demand despite rate change

The South African Reserve Bank (SARB) says Private sector credit extension (PSCE), including factoring advances, accelerated from the previous month despite…


GE CF appoints new European CFO

GE Commercial Finance, Corporate Financial Services Europe, the provider of factoring and asset based lending to European businesses, has named…


Cattles poaches audit chief from Bank of Scotland

Cattles Invoice Finance has appointed a national head of audit. Tony Haslam joins Cattles from the Bank of Scotland where…


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