BCR Latest News

Siemens Financial Services, Inc. announces new CEO and top management…

Siemens Financial Services, Inc. (SFS), the US commercial finance and leasing arm of Siemens AG, today announced the appointment of…


Kasikornbank consolidates subsidiaries in readiness for global competitors

Kasikornbank Plc, the country's fourth largest commercial bank, is consolidating its holdings in (more…)


Group merges to create Exim Bank Malaysia Bhd

The Export-Import Bank of Malaysia Bhd (EXIM) and Malaysian Export Credit Insurance Bhd (MECIB) and the two units of (more…)


Africa ‘shaping up for export insurers’

The improved economic environment of many African countries bodes well for future export insurance business, says (more…)


Landsbanki Commercial Finance boosts team

Landsbanki Commercial Finance, the London-based division of Landsbanki Islands hf., has announced the appointments of (more…)


CIT provides US$125m factoring and revolving credit line as jewellery…

CIT will provide a committed factoring line of up to (more…)


Banca Lombarda factoring division reorganisation aims to cut costs and…

The bank initiated plans to merge its factoring units aiming to (more…)


Texas factor signs up Gulf Coast manufacturer

Accounts Receivable Funding Corporation has entered into a factoring agreement with  (more…)


Basle II wins backing in EU

The European Union moved towards a new regulatory regime for all banks operating in the 25 member states yesterday, when…


Trade-credit insurance expected to soar

Trade-credit insurance has been used in the US since the last of the tall-masted ships were hauling cargo between Europe…


Standard & Poor's Risk Solutions launches default model for SME…

Standard Poor's Risk Solutions, a leading provider of integrated credit risk solutions, has launched a Web-based tool that provides (more…)


Lloyds TSB Corporate Banking provides US$4.2 million receivables finance credit…

The new Lloyds TSB Corporate Banking  credit line is a combination of (more…)


GE Commercial Finance names new Chief Executive and Chief Operating…

GE Commercial Finance today announced the appointment of (more…)


German, UK and French credit agencies support Philippines Airbus finance…

The multi-million dollar financing of a new Airbus A-319 aircraft has been supported by credit insurance from (more…)


GMAC Commercial Finance launches European Structured Finance Division

GMAC Commercial Finance plc  is broadening its existing asset-based lending and global cross-border finance proposition (more…)


Independent Growth Finance announces expansion and reorganisation

Independent Growth Finance (IGF) has announced the further expansion of its business reach with the opening of new premises at…


Factoring has huge growth potential – Canbank Factors

actoring in India has been slow to take off. Even while the service providers in this sector continue to register…


Confidence slump leads Office of SMEs Promotion to cease monthly…

The monthly releases of the SME Confidence Index to the news media have been suspended, according to (more…)


Sinosure signs cooperation pact with electrical appliance exporter

The China Export Credit Insurance Company (Sinosure) signed a strategic co-operation agreement with (more…)


Banks fail to meet SME lending obligations – FSS

No South Korean commercial banks has met the regulation requiring them to allocate (more…)


Countries prepare to scrutinize Basel II

Some 30 countries are expected to take part in the planned fifth test of the complex, risk-focused Basel II bank…


KPMG settles Finance Credit claims

International accounting firm KPMG has agreed to pay creditors of defunct Finance Credit (more…)


Clal Credit Insurance and Euler Hermes join in credit and…

For the first time, Clal Credit Insurance, a subsidiary of Clal Insurance Enterprises Holdings Ltd., has signed an agreement to…


SME focus helps KBANK

According to bank president Prasarn Trairatvorakul (more…)


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