BCR Latest News

Banca Lombarda predicts leasing and factoring income up 20% in…

 In a presentation of Banca Lombarda's 2006-2008 business plan, Faissola said loans made by the group's (more…)


GE Commercial Finance seals a Ј10m invoice discounting and cash…

GE Commercial Finance's Business Finance unit has announced it has just completed a double deal with (more…)


Poll shows 16% of companies have zero tolerance for late…

One in six UK companies will immediately terminate their contracts with customers who pay late, a survey has found. The…


Government to begin breaking chain of debt

The government will also introduce guarantees, insurance and factoring services to assist (more…)


Carlyle spends US$25m for stake in SME credit guarantor, plans…

The Carlyle Group has invested US$25m to acquire new shares in a Chinese private credit guarantor for small- and medium-sized…


SMEs' development weakened by lack of credit

Company crediting by banks is still at a low level in Romania compared with other states in the region, which…


New factoring joint venture announced

The factoring bank will be focused on Germany's mid-sized businesses (more…)


New appointment for Ashley Commercial Finance

Small business invoice finance specialists Ashley Commercial Finance Ltd appoint industry veteran to spearhead regional invoice finance operations in the…


Cattles Invoice Finance helps paper and board business convert to…

Sittingbourne Kent-based, BKH Paper and Board Converters Ltd, is set to increase its turnover over the next 18 months with…


Company confidence in UK economy at year high – LTSB

UK companies are more optimistic about the economy than at any time over the last 12 months, according to the…


Ratings agencies mixed on GMAC

Credit ratings agencies remained mixed in their assessments of GMAC after General Motors' announcement last week (more…)


Czechs eying cross-border German markets

During a meeting organized by weekly Profit and supported by Ћivnostenská banka, CAC Leasing and NLB Factoring (more…)


Sterling Bancorp to acquire leading staffing industry accounts receivable service…

Sterling Bancorp has announced that it has signed an agreement to acquire the business and assets of a leading provider…


Bibby Financial Services recruits for sales team

Bibby Financial Services, has announced that it has added to its growing sales team with appointments across the UK (more…)


Niche provider makes a case for the discounters – John…

On the day SME Invoice Finance (SME IF) forecast a 50 per cent rise in pre-tax profits for 2005, sales…


Factoring in the Czech Republic – Jirн Matula, Transfinance

The Czech financial industry has changed significantly in recent years. Having suffered considerable losses due to their support of the…


CBI forecasts only gradual recovery over next two years

The CBI's March forecast follows better-than-expected GDP growth in the last quarter of 2005, but suggests this bounceback will not…


Thai Factor Association calls for legal framework for factoring businesses

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…


TSS Financial closes US$165 million syndicated asset-based financing deal

TSS Financial served as deal originator and consulting agent for the borrower and assisted with the syndication. The facility was…


Hansa Lizingas opens first office in Marijampole

According to Hansa Lizingas  management, the decision to expand in this town was prompted by the growing number of factoring and…


GM recognises GMAC goodwill impairment in Q4

General Motors Corp. said late Thursday it will recognise a previously reported goodwill impairment charge of (more…)


PrimeRevenue executive recognised as top supply chain finance professional

 Supply and Demand Chain Executive magazine's 2006 Pros to Know  top industry professionals annual award recognises supply chain innovators based…


CIT looking for European factoring acquisitions

CIT Group Inc., one of the largest US commercial and consumer lenders, is actively looking to acquire a European company…


Enterprise Finance Europe South West & Wales agree a new…

South Wales-based Island Steel is benefiting from a new £10m facility put in place by Enterprise Finance Europe (EFE), a…


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