BCR Latest News

Access to finance made difficult through weak collateral – EBRD

Even though eastern Europe's transition to the market economy began 15 years ago, access to credit is still very much…


Asset finance industry receives US$600,000 boost

The Asian Development Bank (ADB) has put US$600,000 aside to support the development of the leasing industry in Vietnam (more…)


Bancolombia increases stake in rival factor

Colombia's largest bank Bancolombia has bought an additional 38.96 per cent of local factoring company Comercia's outstanding shares for pesos…


Asset finance industry grows 6 per cent, says FLA

The UK's asset finance industry reached a new record for new business in 2005 despite signs of slowing growth in…


Polfactor punches above its weight

Polfactor, the Polish factor, has been noted as top factor in its country, based on a poll of members of…


Profitability of UK firms

The slight increase in profitability in the first quarter suggests that businesses might be starting to feel the benefits of…


Launch of $180m receivables securitisation fund

BRAC (Bangladesh Rural Advancement Committee) is going to launch the world's first securitisation of a fund of US$180m to provide…


Koc Factoring basks in export accolade

Kocfaktor has been ranked best export finance servicer at the 38th annual general meeting of the Factors Chain International (FCI)…


BIF in first stage of trade finance solution

Peruvian bank Banco Interamericano de Finanzas (BIF) has completed the first stage of implementing Surecomp's trade finance solution (more…)


GECF provides invoice discounting for MBO support

GE Commercial Finance has provided an invoice discounting and senior debt package to support the management buy-out (MBO) (more…)


GECF's equipment finance eases working capital woe

GE Commercial Finance has introduced Equipment Line, Australia's first single secured loan facility with a pre-approved line of credit (more…)


SBF launches business initiatives

The Singapore Business Federation (SBF) has launched three initiatives to help its members.  It has also elected new council members…


Germany sees further improvement in insolvencies

Economic recovery in Germany is also being reflected in the number of corporate insolvencies, which will continue to fall in…


Enterprise Finance Europe receives award

Enterprise Finance Europe (EFE), the UK asset-based lender, has been named Asset Based Lender of the Year at (more…)


New build for Davenham's property finance unit

Davenham, the finance provider to the small business sector, has added a property specialist to its five-strong team of asset-based…


Lloyds TSB CF announces raft of factoring tie-ups

Lloyds TSB Commercial Finance has completed four deals this month (more…)


The latest trend within the factoring industry: ERP-solutions replace legacy…

Within the field of factoring software a clear trend towards ERP-standard software and off individual applications / legacy systems can…


Finance House Base Rate unchanged at 5%

The Finance House Base Rate (FHBR) for July 2006 remains unchanged at 5.0% (more…)


Factoring licenses may be abolished

The RF Duma is considering an amendment to the Civil Code that, if ratified, will resolve an inconsistency in Russian…


EC initiative foresees more money for financing SMEs

The European Commission has unveiled today a set of measures to help small companies get easier access to external financing…


Intermarket takes 50% hold in Compania de Factoring

Intermarket Bank, the Austrian finance provider, has secured a 50 per cent share in Romania's (more…)


Fortis appoints country manager for Russia, targets export finance

Fortis has appointed Maarten Pronk country manager for Russia (more…)


Central bank raises interest rates again

The lifting of the 15 per cent excise tax for foreign investment failed to reduce tensions in the foreign currency…


GECF provides confidential invoice discounting, trade finance package

GE Commercial Finance's business finance unit has completed a £450,000 invoice discounting and trade finance deal for (more…)


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