BCR Latest News

SET suspends trading in Siam General Factoring stocks

The Stock Exchange of Thailand (SET) suspended trading in Siam General Factoring pending a decision on whether the firm's financial status…


Factoring could be 50pc of Coface unit earnings in 3…

The Chilean unit of French credit insurer Coface expects its recently launched international factoring business to represent 50% of its…


Dyson appointed regional sales manager for IGF Asset Finance

IGF, an independent commercial finance company, today announces that Mike Dyson has been appointed as regional sales manager for its…


S&P assigns ratings to Atradius Seguros de Crйdito

The Mexican office of Standard Poor's (S P) has assigned its mxAA counterparty and financial strength national scale ratings to…


Factoring a growing source of finance for SMEs

If they are denied a bank loan or if such a loan is too expensive, factoring in many cases is…


DS Leasing ups 2006 turnover by 15 pct, with DS…

Czech leasing company DS Leasing financed deals worth Kc1.582 billion in 2006, a growth of 15 percent year-on-year. DS Leasing's…


Positive Outlook for Invoice Finance Industry

UK companies are making their assets work harder and are increasingly turning to asset-based lending (ABL) to fund growth. End…


IFCs Global Trade Finance Program in Sri Lanka through NDB…

IFC, the private sector arm of the World Bank Group, announced that NDB Bank has become the first bank in…


BPLG/AFP French Feb small business sentiment indicator rises to 37…

An indicator of French business sentiment strengthened to 37 in February from 29 in January, according to a survey of…


Agromercantil sees SME lending at USD68m this year

Guatemala's fourth largest bank Banco Agromercantil aims to provide quetzales 500m (US$67.7m) in new loans to SMEs this year, CEO…


MFB and Commerzbank lose Ft100 m

Hungarian Development Bank (MFB) and Commerzbank have no choice but to enter a Ft100 m loss in their books, an…


Greenfield Commercial Credit provides factoring account for MBO

Greenfield Commercial Credit has provided a factoring account to a toll authority staffing contractor with $3.1m annual volume for a…


Late payments put SME resellers at risk of collapse

Figures reveal that smaller IT firms are waiting twice as long to be paid compared with previous years SME resellers…


Banks reject SME lending rule changes

Banks are opposing the passage of a proposed law that seeks to shore up the mandatory allocation of funds to…


Innovation Center helps close cash flow gaps

The Northeast Indiana Innovation Center is about to enter the venture-capital business. Like several other business incubators in Indiana and…


Margaret Hodge announces Companies Act Implementation timetable

The Companies Act 2006 will be in place by October 2008. It introduces sweeping changes to simplify and improve company…


Capital Business Credit names Younts Exec VP of North Carolina…

Capital Business Credit has named Jerry Younts executive vice president and regional manager of its North Carolina office. Younts, whose…


Equifax launches new range of business reports

As business failures rise, Equifax launches a range of new business reports that take the mystery out of dealing with…


RM140m fund to help SMEs expand businesses

SME Growth Acceleration Fund Sdn Bhd (SGAF), a special purpose venture capital company set up to assist small- and medium-sized…


GMAC Commercial Finance sells equipment finance portfolio to Prudential capital…

GMAC Commercial Finance LLC (GMAC CF), a wholly-owned subsidiary of GMAC Financial Services, announced today that it completed the cash…


Hungary factoring market grows quickly, but still lags behind

Turnover on Hungary's factoring market rose almost 45 per cent to HUF 700bn in 2007. However, less than 1per cent of…


Hitelgarancia new contract value rises to HUF 228.5bn in 2006

Hitelgarancia, a state-owned credit guarantor, signed more than 24,000 contracts guaranteeing borrowing worth a combined HUF 228.5bn in 2006, up…


Bergamo secures financing from Greenbridge

Bergamo Acquisition Corp. and Greenbridge Capital today received the bridge loan portion of a comprehensive financing arrangement. The deal structure includes…


Chinese listed SMEs report rising profit

China's listed small-and medium-sized enterprises (SMEs) have reported robust profits, according to business reports published on Wednesday. The 116 SMEs…


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