BCR Latest News

Regency Factors to make a move into trade finance

Regency Factors says it is to start offering trade finance products via two local subsidiaries JSM Finance and Cavendish Investments…


CBI report calls for long-term SME strategy

The Government has made significant progress in delivering better access to finance for small businesses but must develop a strategy…


Experian secures major contract with leading Thai commercial lender

Experian, the global information solutions company, has announced the signing of a five-year contract with one of the top commercial…


EFIC establishes A$30m bonding line for engineering and construction exporter

Export Finance and Insurance Corporation (EFIC) today announced that it has put in place a A$30 million bonding line for…


Ex-Im Bank provides 15-year financing for solar power export project…

PowerLight Corporation is the first US exporter to benefit from the new 15-year repayment terms available from Ex-Im Bank to…


Siemens: A new player in UK receivables finance

Siemens Financial Services, the asset finance unit of Siemens Group, has created a new business division to focus on invoice…


Rabobank acquires two banks in Indonesia

Netherlands-based Rabobank Group signed an agreement today to acquire ownership of the holding companies that own two Indonesian banks (more…)


Supply chain finance transactions top $13bn

Orbian, the US-based supply chain finance group, has processed over $13bn in transactions (more…)


CIT Group set to strengthen position say analysts

CIT Group is expected to report earnings of $1.16 a share, up from $1.03 reported in the year-ago period, according…


UK publisher secures refinancing from GECF

GE Commercial Finance's Business Finance unit has provided a working capital finance package to UK publisher (more…)


Lloyds TSB CF claims factoring refund first

Lloyds TSB commercial finance is claiming a first for the UK factoring industry by offering new customers a full refund…


Construction, the late payment culprit says Venture

Building firms are the slowest settlers of outstanding invoices, according to a survey of recruiters (more…)


HSBC to drive supply finance expansion with new recruit

HSBC says the appointment of a new head of trade finance for Singapore demonstrates its commitment to expanding supply and…


Coface ups credit risk measure on six countries

Coface, the credit insurer, has noted a slight deterioration in global country risk during the second quarter 2006, which has…


BB bets on new line of export financing

Brazilian federal bank Banco do Brasil (BB) is betting heavily on a new line of credit for small- and medium-sized…


SME Bank approves RM400m for loans since January

SME Bank has approved more than RM400m for small- and medium-sized enterprises (SMEs) loans since the start of the year…


Eurocapital receives BBB debt rating

Feller Rate has assigned its BBB/Level 2 rating to Chilean factoring company Eurocapital's peso 5.45bn (US$10m) commercial debt (more…)


HC in confidential working capital deal

Hennessey Capital (HC), a US-based working capital provider, has provided a confidential funding package to an IT consultant (more…)


Factor turns to revolving credit line for funding

US factor Platinum Funding Group has received funding from JP Morgan and N M Rothschild Sons for an undisclosed amount…


Coface cuts liquidity rating of Hungarian companies

International ratings agency Coface has cut the liquidity rating of Hungarian companies from A2 minus to A3, (more…)


Premium Factor IPO to raise zl.30-50m

Katowice-based factoring company Premium is planning to enter the bourse at the end of 2006 or at the beginning of…


Fraudwatch Bulletin – Mishcon de Reya

In the July edition of Mishcon Fraud Watch, prepared by the Corporate Investigations Asset Recovery Group at Mishcon de Reya (more…)


HSBC named best trade finance bank

HSBC Bank Middle East Limited has been named Best Trade Bank in Middle East and North Africa (Mena) region (more…)


Invoice discounting usage up a quarter – survey

The use of invoice discounting has increased by over a quarter (28 per cent) in the last 12 months, according…


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