BCR Latest News

Commercial finance in Australia up in March – ABS

Commercial finance rose 6.1 per cent during March according to new figures from The Australian Bureau of Statistics (more…)


Japanese bank to launch factoring operations in Vietnam

Bank of Tokyo-Mitsubishi UFJ plans to launch factoring operations in Vietnam, purchasing from corporations located there the accounts receivable owed…


SME Bank launches five loan schemes to help SMEs flourish

SME Bank has come up with five loan schemes specially designed to help different types of small- and medium-scale enterprises…


Coface survey shows rising risk in Hungary's vehicle manufacturing industry

Business risk in Hungary's vehicle manufacturing industry has risen, because of intense competition and weak prospects for growth on the…


Banks lend US$27m during SME event

Mexican banks have granted pesos 294m (US$27.1m) in loans to small- and medium-sized enterprises (SMEs) during Semana Pyme 2006 (more…)


Supply finance provider reveals new marketing chief

Supply chain finance specialist Prime Revenue has revealed Quadrem's (more…)


EADB to expand trade finance operations

In order to expand East African Development Bank's (EADB's) trade finance operations, the bank plans to (more…)


Credito y Caucion set to boost Atradius stake

Credito y Caucion, the Spanish credit insurance provider, has increased its stake in international peer Atradius to (more…)


Winding-up pleas on the increase

The number of companies facing winding up petitions in England and Wales rose by almost 9 per cent in the…


3i Infotech's growth is set to continue next year

3i Infotech seems to be headed for continued strong growth in FY 2007, as the company builds further on a…


Renault unit secures factoring deal from SocGen

French carmaker Renault has secured factoring services for Avtoframos (more…)


EBRD extends credit line to Armenian bank

The European Bank for Reconstruction and Development (EBRD) is extending a US$2.5m credit line to Armenia's Anelik Bank (more…)


Koc Faktoring received US$60m syndication credits

Koc Faktoring, a company of Koc Financial Services (KFH), received US$60m syndication credits from international markets to use in (more…)


Automotive business failures reach highest point so far

The automotive industry has seen a very poor start to the year as the first quarter of 2006 reveals a…


Exporters flay NEXIM and banks for poor export financing

Exporters who are members of the Manufacturers Association of Nigeria Export Promotion Group (MANEG) hold the Nigerian Export-Import Bank (NEXIM)…


Bladex Q1 profits dive 45%

First quarter earnings at Panama-based trade finance bank Bladex dived compared to quarter one 2005, the company said in its quarterly…


Invoice finance boost for car MBO, 85pc advance promised

A management buy-out (MBO) by a former director of Carmasters Ltd, the automobile services group, has received support in the…


First Guardian targets factors as part of “aggressive” growth plans

First Guardian Financial Corporation, a small business finance specialist in the US, says it intends to grow aggressively through acquisitions…


Textron Financial names two executives to business credit division

Textron Financial announced that two new executives have joined the company's business credit unit (more…)


One in three companies fail to confirm their credit terms…

The Better Payment Practice Group (BPPG) urges businesses to spring clean their credit management procedures, following a survey by the…


Close Invoice Finance rolls out Demica’s Citadel ID

Close Invoice Finance has announced the implementation of Demica's Citadel ID (more…)


Interest rate hike predicted

Norway's central bank Governor Svein Gjedrem reiterated yesterday that the bank's next rate rise would likely come (more…)


Fed hikes interest rates; further increases possible

The Federal Reserve raised its key interest rate a quarter point to  the highest level in five years. The funds…


HSBC to grow SME exposure by 30%

The Hongkong and Shanghai Banking Corporation (HSBC) in India expects lending to the SME sector to grow by 30 per…


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