BCR Latest News

Nomos-Bank develops export and trade finance services, doubles net income

Nomos-Bank ranks among Russia's 20 largest banks in terms of equity and assets, among top five players in the factoring…


Factoring scam victims must look for warning signs

He met someone who said he was doing well investing in a so-called factoring plan. "It sounded like a great…


World Factoring Yearbook's first report on the Israeli factoring market

“The factoring industry in Israel is still relatively new to the financing markets…” Subscribers to factorscan.com can now read the…


Profile of factoring in the UAE now available

Subscribers to factorscan.com can read the latest report on factoring in the UAE by local industry expert Vijay Vashist, head…


Internet SME credit bureau launched

Malaysia's 700,000 small- and medium-scale enterprises (SMEs) can now check the financial standing of their future business partners via (more…)


Managing risk in the receivables finance industry

A core theme running throughout this proposal is the understanding and usage of the Client Time Line Theory. The basic…


Second consecutive record-breaking year in the accounts receivable management industry

M&A activity in the accounts receivable management (ARM) industry reached a new all-time high in 2005, with over (more…)


New financial support approved for innovative SMEs

Under the package, the state-run Korea Development Bank will increase the amount of funds that can be borrowed by innovative…


Coface acquires majority stake in Israeli credit information company

Trade credit insurer Coface S.A. acquired a majority stake in an Israeli provider of credit information that Coface said would…


Export insurance jumps as firms hedge on won

Korean companies rushed to buy insurance against foreign exchange risks last year to hedge against swings in the value of…


New CEO at NLB Factor

The new chief executive officer and agent of NLB Factor was appointed at the end of 2005 having previously headed…


Business borrowing on the rise

The Australian Bureau of Statistics said commercial finance rose in November to (more…)


New rules streamline licensing process for factoring and leasing firms

New regulations published in Mexico's federal register on yesterday will make it easier for investors to open factoring, leasing (more…)


SMEs are missing opportunities for reduced risk and more flexible…

The survey also revealed that a third of business owners rely on banks because they lack knowledge of other funding…


Factoring market will grow by 50% to NIS 4.2bn in…

Israel's factoring market is expected to grow by 50% to NIS 4.2 bn in 2006, Shlomi Sarid, CEO of Clal…


BofA selects Basel II solution

Bank of America has extended its relationship with (more…)


Wells Fargo profits up 8 per cent, ABL business achieves…

Wells Fargo Co., the fifth largest bank in the US, said yesterday that its net income grew by 8 per…


US export trade financier expands receivable financing to Mexico

US manufacturers specialising in exports to the Mexican market are anticipating spikes in equipment orders that may result in negative…


Cattles Invoice Finance deal helps technology solutions firm expand into…

"The funding from Cattles Invoice Finance will enable us to expand the business and look at developing our client base,…


BCI selects NetIMEX for end-to-end trade finance automation

Surecomp, a leading provider of trade finance, factoring, cash letter and reconciliation solutions for the banking and financial market, has…


New SME invoice discounting finance scheme launched

The bank said these products will benefit SMEs by lowering financing costs without (more…)


Fitch upgrade reflects SME lending ranking

The upgrade reflects the financial support provided by its main shareholder,  its good asset quality and its position in the…


Strong won hurts small exporters

According to a survey of 113 companies by the Korea Federation of Small and Medium Business  (more…)


ING to buy remaining shares of Handlowy-Heller in Poland

ING has agreed to buy all remaining shares in Handlowy-Heller, a leading provider of working capital finance and factoring services…


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