BCR Latest News

Exporters urge BSP to review bank lending to SMEs

The export industry has appealed to the Bangko Sentral ng Pilipinas to help prop up lending to small- and medium-sized…


Banco de Guayaquil joins IDB trade finance programme

The Inter-American Development Bank (IDB) has announced the inclusion of Ecuador's Banco de Guayaquil as an issuing bank under its…


Principal Resources adds business credit unit, changes name

Entering its tenth year of providing solutions to businesses with working capital needs, Principal Resources, LLC is expanding its offerings and…


De Lage Landen, Surecomp establish e-factoring link

De Lage Landen, the Netherlands-based asset finance provider, has enjoyed a close, mutually beneficial relationship with Surecomp ever since it…


Interface Financial looks south for new business

Interface Financial, a 33-year-old company with over 140 offices throughout the United States and Canada, provides working capital or cash…


Bank of Cyprus to bid for Emporiki

Bank of Cyprus Group Plc (BOC) has expressed its interest in bidding for Emporiki Bank. (more…)


Davenham notes first year in Toon

Davenham, the trade finance group, has celebrated its first year in Newcastle (more…)


Eurofactor steps in with network deal

Eurofactor has linked up with Spanish asset finance group Bancantabria (more…)


Banks turn to SMEs for future business expansion

Domestic and foreign banks in China are competing to offer services and products to small- and medium-sized enterprises (more…)


CCH increases financing facilities by US$50 million

CCH International plc, the trade finance group, said it has increased financing facilities available to it by US$50m (more…)


Report predicts global factoring growth

Research and Markets’ Global Factoring Market 2016-2020 report forecasts that the global factoring market is set to grow at a…


Supply finance group reveals new CIO

Prime Revenue, the supply chain finance provider, has appointed William H. MacPhail to the position of chief information officer (CIO)…


EBRD and Komercni banka sign credit line

The EBRD is extending a credit line to Komercni banka (KB) to support small and medium-sized municipalities (SMMs) (more…)


Barclays appoints commercial banking chief to drive expansion

Barclays International Retail and Commercial Banking has appointed Samir Bhatia to head up its commercial banking business in India (more…)


3i Infotech reveals COO for South Asia

3i Infotech Limited has announced the appointment of Anirudh Prabhakaran as Chief Operating Officer (COO) for South Asia (more…)


South Africa & Indonesia – Potential economic powerhouses, or possible…

South Africa and Indonesia are well placed to potentially become the next powerhouse economies following in the footsteps of India…


Cattles invoice finance appoints southern director

The appointment follows on from the recent departure of risk and operations director (more…)


High growth forecast for inland regions but rich-poor gap remains…

China's future areas of high economic growth will be found inland and not so much in the current booming coastal…


Platinum announces factoring hat trick

Platinum Funding Group announced today that in the past seven days it entered into three factoring agreements to provide working…


Phased liberalisation of insurance guarantee market anticipated

The Korea Development Institute presented a plan about opening Korea's guarantee insurance market, currently a monopoly of the state-run Seoul…


Coface unit premiums top US$6.7m in Q1

The Brazilian subsidiary of French credit insurer Coface closed the first quarter this year with reais 15m (US$6.71m) in premiums,…


EWC likely to extend terms of Siam General Factoring loan

Eastern Wire Plc (EWC) is likely to allow Siam General Factoring Plc (SGF) to extend its loan repayments to the…


Ex-Im Bank approves US$300 million to support US exports to…

Following recent positive developments in the Nigerian banking sector, the Export-Import Bank of the United States (Ex-Im Bank) has approved…


ACR raises working capital

ACR Group, the US-based heating and refrigeration supplier, has secured working capital from (more…)


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