BCR Latest News

Factoring -an option to increase exports

Factoring may be a solution to the problem of Romanian exports according to (more…)


Dexia decline to join forces with Fortis

Fortis remains committed to its growth strategy, even though Dexia has declined the invitation to join... (more…)


Independent Factor strengthens business through service

Ashley Commercial Finance have taken on a new client that were unsatisfied with the service they were receiving from... (more…)


22 September 2005: Atradius appoints new head of UK &…

Atradius, a global leader in credit insurance and credit management, has announced the appointment of (more…)


Fortis increases its stake in Portugal's leading bank

Fortis announced today that it has acquired a stake in Banco Comercial Portugues, (BCP), Portugal's leading listed financial group, for (more…)


Vakyfbank launches interest-free SME lending

State-owned Vakyfbank has unveiled a new lending programme for small- and medium-sized enterprises (SMEs), under which it plans to (more…)


Factoring volume up 30 per cent in H1 2005

The number of business transactions undertaken by factors belonging to the Slovak factoring association rose by 30 per cent and…


Maryland asset-based financier to take on REIT status

Commercial finance company and CFA member CapitalSource Inc. will elect REIT status with the aim of (more…)


Royal Bank provides asset-based finance for mines’ working capital

Pine Valley Mining Corporation has announced that it has completed a revolving working capital credit facility with Royal Bank Asset…


Wells Fargo Business Credit provides working capital financing for reorganisation

With acquisition and working capital financing provided by Wells Fargo Business Credit (more…)


Central Bank raises interest rates

Today Hong Kong's central bank raised the basic interest rate at which local banks borrow money, by (more…)


‘No Comment’ on Dexia – Fortis

Reacting to recent press comment on possible contacts between Fortis and Dexia, the financial services provider has issued the following…


SME credit information now available online

The SME Credit Bureau, an online database of local enterprises and their credit history, has been launched, enabling companies and…


CIT Group names President, CIT Canada

The new President, CIT Canada will be responsible for directing the continued expansion of CIT's financial offerings across (more…)


Fed raises interest rates

The Federal Reserve's decision to keep raising interest rates in the face of a devastating hurricane means (more…)


Enterprise Finance Europe appoints new Associate Director

Enterprise Finance Europe (EFE), has appointed Chris Hardy as Associate Director.... (more…)


BSGV enters factoring market

BSGV Factoring is a newcomer to Russia's factoring market.... (more…)


Chase Business Credit adds three to ABL origination team

Chase Business Credit recently announced three additions to its asset-based loan origination team (more…)


Millennium set for return to factoring elite

Eighteen months after the acquisition of Forin, Millenium Bank is returning to the fray of the factoring market (more…)


The Better Payment Practice Group launches DiAgnostic questionnaire to help…

The Better Payment Practice Group (BPPG) has added a new diagnostic questionnaire to (more…)


Finance Credit boss pleads guilty to fraud charges

Torgeir Stensrud, one of the founders of the scandal-ridden Finance Credit collection agency, claimed (more…)


Ministry in measures to keep SMEs afloat

The Small Business Credit Guarantee Trust (SBCGT) has paid the claims of 171 small- and medium-sized enterprises (SMEs) which failed…


Spanish company buys Swiss Re holding in Atradius

A Spanish insurance group today announced that it has bought Atradius shares for (more…)


Absa launches R30m SME fund

Banking group Absa has announced it is establishing a R30m Small Business Fund to provide finance for entrepreneurs who (more…)


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