BCR Latest News

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…)


Continental 2005 profits drop by 12.7%

Continental commands a 54% market share in the credit insurance market, which is only serviced by two other companies (more…)


EGAP plans expansion of SME coverage following amendment of EC…

The Export Guarantee and Insurance Corporation (EGAP) is seeking a strategic partner for its commercial insurance subsidiary. EGAP,  the state-owned…


IGF raises its profile in Midlands and Northeast

Independent Growth Finance (IGF), the UK factor, has promoted regional sales manager Kelly Hamill to regional sales director for the…


Term lending, overdraft use levels – BBA

Term lending to small and medium-sized enterprises has risen 11 per cent in 2005, according to the British Bankers Association…


HSBC in the mideast – Dilip Hiremath on expansion in…

As HSBC Bank Middle East rolls out a new factoring service for small and medium-sized enterprises (SMEs) in Bahrain, Oman…


Banks may get time to meet Basel II norms

Commercial banks may get to heave a sigh of relief with the Reserve Bank of India (RBI) planning to extend…


Banco Ciudad sees SME lending growing 45% in 2006

SMEs have been increasingly demanding loans over the last few years. Last year we saw a big demand for loans…


Handlowy Heller renamed ING Commercial Finance

ING Commercial Finance Polska says it could become the leader in the factoring market within a year and increase turnover…


EBRD agrees credit line for onlending to SMEs

The EBRD has extended a credit line worth US$2m to an Azerbaijani financial institution to help provide financing specifically for…


Banks promise to focus on SME financing

The public sector banks in India are all set to assist the growth of small- and medium-sized enterprises (SMEs) in…


Siam General Factors provides transaction details to SEC in EWC…

The Securities and Exchange Commission has reiterated its advice to investors to exercise caution and monitor information disclosures by Eastern…


HSBC and HSBC Invoice Finance fund Richardson Sheffield MBO

One of Yorkshire's oldest knife and cutlery suppliers is back in regional hands after being acquired in a management buy-in.…


IGF adds to client management team

Independent Growth Finance (IGF) continues to grow its Client Management team with the recent appointment of (more…)


CCH signs A$80m Sharia-compliant trade finance facility

CCH International PLC, a trade finance group, said this facility has the potential to significantly increase the amount of receivables…


Grupo Security expects profits up 25% in 2006

Grupo Security's banking and factoring businesses are expected to see loans growth of above 10% this year with (more…)


IGF strengthens client management team in the Midlands

Independent Growth Finance (IGF), one of the UK´s fastest growing providers of finance for businesses, has promoted (more…)


Atradius Collections receives industry accreditation

Atradius Collections, a domestic and international business-to-business collection agency that is part of Atradius Group, announced it has received certification…


SME-loan guarantor introduces guarantees on leasing, factoring contracts

Hitelgarancia, a majority state-owned guarantor of loans to small- and medium-sized enterprises (SMEs), had retained earnings of (more…)


Eurofactor's Warner switches to Coface, targets UK receivables finance market

Coface UK, the credit services provider, has appointed Russell Warner (more…)


MKB reports dynamic growth in 2005, increases factoring market share

The bank continued its expansion in the SME sector. SME client numbers rose from about 30,000 in 2004 to (more…)


OnStop launches web-based business intelligence system

A new Skipton company, providing a new source of business intelligence, is helping businesses across the country to chase bad…


Only one in three Asian companies use financial services in…

Only one-third of Asian companies have financial links with Europe and North America according to new research - a sign…


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