BCR Latest News

1st Commercial Credit offers factoring and accounts receivable financing in…

1st Commercial Credit, LLC, a provider of factoring and accounts receivable financing, now offers services in Quebec, Canada. The Canadian…


BNP Paribas provides new trade and inventory finance facilities for…

Ivernia Inc.'s Magellan operation has secured bank credit approvals for a credit facility, which can be drawn in either US…


National Factoring Company bond placement results

National Factoring Company (NFC) successfully placed its three-year RBL1bn bond yesterday with a coupon rate of (more…)


South Africa in prime position to gain more from export…

The availability of trade and risk information remained critical for South African firms to identify export opportunities, Coface announced (more…)


Insolvencies in the first quarter 2006

Statistics showing insolvencies in the first quarter 2006 are published today by the Insolvency Service. Company Liquidations There were (more…)


SMEs account for 70% of Visa's Latin America and Caribbean…

Visa expects its commercial credit cards sales volume in Latin America and the Caribbean to almost double  this year (more…)


EBRD, EC, Societe Generale Expressbank support Bulgarian SMEs

The EBRD is lending BGN19.6m to Societe Generale Expressbank for on-lending to SMEs (more…)


Small businesses falter in Q1 says Small Business Research Trust…

A survey of small- and medium-sized businesses reveals that in the first quarter of 2006, for the first time since…


Davenham strengthens London team

Davenham has strengthened its team in London and the South East with the appointment of Oliver Sutton as business development…


Bank of England keeps 4.5% rate

The Bank of England has decided to keep UK interest rates at 4.5% for the ninth month in a row…


Non-US companies struggle with Sarbanes-Oxley compliance

Non-US companies that are required to comply with Section 404 of the Sarbanes-Oxley legislation for the first time this year…


Export-Import Bank of Thailand Q1 profits down

The Export-Import Bank of Thailand reported first-quarter profits of (more…)


UPS Survey: Intra-Asia trade expected to explode

Business leaders from Asia's small-to mid-sized enterprises say they expect growth in trade this year between Asian nations to outpace…


Call for creation of SME Bank

A bank should be established solely for local small- and medium-scale enterprises (SMEs) thereby allowing commercial banks to focus on…


NGI and Coface offer trade credit insurance

The National General Insurance Co. PSC (NGI), in partnership with Coface,  has launched a new product: Credit Insurance. According to…


Accord announces record first quarter earnings and factoring volume

Factoring volume, also a first quarter record, rose by 16% to (more…)


National Factoring Company primary placement today

National Factoring Company (NFC) is auctioning its debut RBL1bn bond today. The issuer is (more…)


Demand for factoring services growing

Representatives of companies providing factoring services are expecting sales to increase several times higher than the growth of GDP (more…)


Coface Sector @ratings for Q1 2006

Coface has registered an overall stabilisation in sector risk quality during the first quarter of 2006 and expects the second…


CIT ratings affirmed; outlook revised to positive

Standard & Poor's Ratings Services affirmed its ratings on CIT Group and CIT's related entities, including its 'A/A-1' counter-party credit…


Credit Index shows economic expansion – NACM Credit Manager's Index

The US economy continues to show “surprising resilience” as manufacturing and service sectors indicate further economic expansion, according to economic…


Eximbank of Korea sees opportunities in Africa

The Export-Import Bank of Korea (Eximbank), South Korea's official export credit agency, is stressing to Korean companies and investors that…


ITC employs Exim Bank export marketing services

ITC Ltd has decided to leverage Exim Bank's services to market abroad its Mangaldeep brand of agarbattis, sourced entirely from…


Six more banks join trade finance programme

The International Finance Corporation (IFC), the private sector branch of the World Bank, has lined up six more Latin American…


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