BCR Latest News

New chairman for Factoring Association

The new chairman said his main goal is to further develop the Czech factoring market (more…)


IGF boosts regional teams with two new appointments

Independent Growth Finance (IGF) has announced the further strengthening of two of its teams, with the appointments of (more…)


FDA 10 – CEO Kate Sharp on the 10th anniversary…

The Factors Discounters Association (FDA) celebrates its 10 th anniversary this year, following the merger of the Association of British…


Talks on GMAC set to continue

GM had been putting pressure on its negotiators and investment banks, led by Morgan Stanley, to try to get the…


NACM – Manufacturing sector shows modest growth in February 2006

The National Association of Credit Management's February Credit Manager Index (CMI) showed a strong snap back from January's weakness, led…


IF-Group increases membership and plans new regional Chapter

Since 1 September 2005 International Factors Group (IF-Group) has further strengthened its membership, both in terms of numbers and geographical…


Credit Guarantee Scheme ready to roll

The long-awaited Credit Guarantee Scheme, which aims at addressing the problems related to lack of collateral in the Tanzanian business…


Aluminium firm completes acquisition with ABL from LloydsTSB CF

The deal further cements the group's position as the largest specialist aluminium extruder in the UK. The group has significantly…


Integration, invention, growth – Paul Dor, CEO, Fortis specialised finance

It has been over six months since the financial services provider Fortis acquired the factoring units of Atradius in a…


Laurentian Bank reports income for Q1 2006, sale of Brome

Laurentian Bank of Canada reported net income for the first quarter ended 31 January 2006 of (more…)


Asset based lending moves into scale-niche territory

The market for lending to corporates based on the strength of their assets has taken a new twist, according to…


Wells Fargo announces acquisition agreement for factor

Wells Fargo Company announced today the signing of a definitive agreement for Wells Fargo Bank, N.A. to acquire a privately-held…


GE's Heller Bank seeks factoring acquisitions

General Electric Co's Heller Bank wants to strengthen its company factoring business in Germany through acquisitions (more…)


One third of VC firms collapsed last year

One third of the country's venture capital companies are believed to have collapsed in the past year. There were (more…)


Bank Leumi (UK) announces record profits in 2005, plans factoring…

Bank Leumi (UK) has announced record profits in 2005 with pre-tax profit on ordinary activities of £15.3 million, compared to…


Enterprise Finance Europe strengthens new London business team

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has recruited its new sales director to help strengthen its new…


EUROFACTOR AG names sole CEO

After many successful years at EUROFACTOR AG, Member of the Executive Board Ralf R. Bauer is to leave the company,…


Factoring first as Bibby snaps up UK broker

The acquisition by Bibby Financial Services of domestic broker Factoring UK is a first of its kind for the industry,…


Record number of countries represented at Madrid RFIx 2006

The 6th Receivables Finance International Conference Exhibition (RFIx) will witness a record number of countries in attendance during the three-day…


Driving new sales from within – Heliium Finance

David Richards and Mark Wignall, co-founders of Independent Growth Finance (IGF), along with Richard Keenan and Mike Bailey, former IGF…


Ministry to revise credit guarantee system

The Economy, Trade and Industry Ministry is to classify bank loan guarantee rates paid by small- and mid-size firms (SMEs)…


China to launch company credit database in H1

The People's Bank of China says that China aims to establish a nationwide credit database. The information gathered on corporate…


GM seeking quick deal for finance unit

General Motors is putting pressure on its negotiators and investment banks to reach an outline agreement to sell a majority…


Bibby announces acquisition of UK's leading factoring brokerage

Today the Bibby Financial Services Group announced that it has acquired the UK’s leading factoring brokerage, Factoring UK Ltd (more…)


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