BCR Latest News

Trade credit insurer sees negative global impact from Chinese economic…

China s growth continues to accelerate, pushing its economy ahead as the fourth largest in the world and contradicting forecasts…


Hampshire Trust Factors announces name change

The directors of Hampshire Trust Factors Limited have announced that they shall be changing the name of the company to…


Canbank Factors posts 28% growth

Canbank Factors Limited, a cash flow solutions provider to small- and medium-sized enterprises, announced it has posted a year-on-year growth…


3i Infotech announces results for year and quarter ended 31…

3i Infotech Limited, a global provider of IT solutions and services, has announced its operating results for the quarter and…


Dresdner Factoring seeks Borse floatation to fund expansion

Dresdner Factoring, the German factoring company, is planning an Initial Public Offering (IPO),  which would bring fresh capital of up…


IGF appoints Business Systems Manager

Independent Growth Finance (IGF) has announced the strengthening of its IT department with the recent appointment of a new business…


CIT Q1 2006 results show proportion of international factoring volumes…

CIT s Commercial Finance division´s Trade Finance segment reported the following results: Net income increased from the prior year by…


Capital Factors hires Executive Vice President

Charged with expanding the company's market presence and spearheading growth in the Northeast region, his responsibilities include sales, marketing, and…


National Bank of Ethiopia amends Export Credit Guarantee Scheme Directive

The National Bank of Ethiopia (NBE) has disclosed that it had launched an amendment to the establishment and operation of…


Coface is speeding up expansion in Russia

Coface is launching an assessment tool for Russian small- and medium-sized businesses (SMEs). This new tool is the fruit of…


Oriental Bank of Commerce inks pact with SME Rating Agency…

Oriental Bank of Commerce, a leading public sector bank has entered into a tie-up arrangement with SME Rating Agency of…


SMEs bankruptcy rate after accession overestimated – ANIMMC

In recent months, all kind of speculations have been made on the number of SMEs that would go bankrupt after…


IGF appoints Regional Sales Manager for the North West

Independent Growth Finance (IGF) has announced the further strengthening of its sales team with the recent appointment of Jonathan Oakes,…


Emirates Bank launches insurance backed factoring services

Emirates Bank, which introduced factoring services a year ago, has now launched insurance backed factoring to provide credit protection and…


Kestrel Technology diversifies into fittings for luxury yachts with asset-based…

Catering equipment specialist Kestrel Technology Services is diversifying to supply fittings for luxury yachts. Kestrel has brought on board asset-based lending…


Coface launches domestic credit insurance

Argentina's largest export credit insurer Coface has launched a domestic credit insurance to cover companies in case of default from…


Euler Hermes, Bajaj Allianz tie up for SME credit insurance…

Euler Hermes, the world s largest credit insurance company with a 34 per cent market share, has tied up with…


Wells Fargo completes factoring company acquisition

Wells Fargo Company and Commerce Funding Corporation (CFC) announced today they have completed Wells Fargo Bank, N.A.'s acquisition of a…


Nacion to focus on SMEs through leasing and factoring units

Federal Argentine bank Banco Nacion will step up its focus on small- and medium-sized enterrises (SMEs) through its trust fund,…


Factoring fraudster fined US$850,000

Investors who poured US$2.5 million into U.S. Funding were told their money would go toward buying other companies' accounts receivable…


Turkey's factoring volume increases 48.8 per cent in 2005

Turkey's total volume of factoring increased 48.8 per cent in 2005, according to Factors Chain International (more…)


3i Infotech announces new acquisition

IT solutions provider 3i Infotech Ltd yesterday acquired Bangalore-based Datacons Ltd for nearly Rs 40 crore (more…)


Fortis, An Post to create financial services joint venture

Fortis and An Post have announced today that they have signed (more…)


Coface country ratings update

Netherlands, Mexico, and Bulgaria Upgraded. Iceland, New Zealand and Thailand placed under negative watchlist according to (more…)


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