BCR Latest News

Credicoop seeks to double SME loan portfolio

Argentine cooperative bank Credicoop expects to double loans granted to the small- and medium-sized enterprise (SME) segment this year to…


Cattles Invoice Finance appoints new board member

Cattles Invoice Finance has strengthened its senior management team with the appointment of (more…)


Invoice finance turns a corner in the East

The combined turnover of factors in Lithuania has more than doubled since 2003, according to the Lithuanian Leasing Association. Over…


Cattles Invoice Finance makes the move

The head office of Cattles Invoice Finance, the factoring and invoice finance provider, is set to move into new premises…


Factoring players to form national association

Leading factoring players in the country are to form an association for further development of the industry (more…)


Byblos Bank secures US$60m SME credit line

The European Investment Bank (EIB), an international donor institution, signed an agreement to provide Byblos Bank with a US$60m loan…


Exim Bank to sign US$260m trade finance loan agreement

Export-Import Bank of China ( Exim ) will borrow US$260 m from nine banks to support expanding trade financing and…


Atradius publishes positive report on Estonia

Atradius, the second largest credit insurer in the market, has published a new report indicating that Estonia is a buoyant…


US companies take more risks with receivables – Euler Hermes

Despite the slew of large corporate insolvenciesthat have sent shockwaves through the business world in recent years, only a small…


Davenham Trade Finance – funded MBI saves 200 jobs in…

The buy-in team has more than 30 years experience in manufacturing across the automotive, aerospace and (more…)


When payment becomes a problem

The company, which turned over £380,000 last year to restaurants including Le Gavroche, the Dorchester and Claridges. Where the firm…


Gazprom transfer Moldovagaz receivables debt worth US$1.2 bn

Gazprom has transferred its receivables from Moldovagaz for natural gas delivered in 1997-2004 worth US$1.2 billion to (more…)


Bancoldex ups loans 27% in Jan

Colombia's state-owned export development bank Bancoldex increased lending by 26.6% to (more…)


SMEs slowly warm to factoring

Receivables finance is still in its infancy in the Ukraine, but an increasing number of small businesses are viewing it…


Domestic factoring holds sway

Over 90 per cent of Slovenia’s factoring market is still domestic-based, despite the growth of international trade in recent years,…


Winning business and loyal clients in invoice finance

In the first in a series of articles to assist you in winning business and loyal clients, Mark Mandula (pictured right), principal,…


Record profit for Venture Finance in 2005

Last year proved extremely successful for invoice and asset-based financier Venture Finance, which today announces record pre-tax profits of (more…)


Preventing money laundering and terrorist financing – JMLSG

The long awaited revised guidance on the prevention of money laundering and the financing of terrorism for the financial services…


Business sector puts brakes on borrowing – ABS

The business sector may be putting the brakes on its borrowing binge with figures showing a fall in business lending…


Importer offers import financing with GE Commercial Finance programme

Chinese importer Fiamma Leather, is offering a new service that gives retailers 60-day, interest-free financing on finished goods as they…


Commercial Finance Association names new president

The Commercial Finance Association (CFA) has named its new president, a past recipient of the CFA Instructor Award of Excellence…


SMEs to have better prospects

Over the past few years the credit volume of small- and medium-sized enterprises (SMEs) has soared. In 1999, SMEs had…


Bankruptcy rate at record high

A survey by Creditreform-Interinfo, shows that the rate of bankruptcy, including liquidation procedures called by creditors, was about (more…)


Factoring turnover doubles in two years

Over the past two years, the turnover of factoring went up 2.1 times, from LTL 2.672 bn in 2003 to…


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