BCR Latest News

CSI Business Finance, Inc. acquired in reverse merger

The newly appointed chairman and CEO of CSIBF, stated: Becoming a publicly traded enterprise may provide us with (more…)


Only 3% of SMEs use invoice finance as main source…

New research shows the majority of small- to medium-sized enterprises (SMEs) are still using traditional methods of funding, which may…


BNDES export loans rise 44% in 2005

Brazilian development Bank BNDES saw export loans rise 44% to reais (more…)


Local banks boost loans to small businesses while big banks…

Korea's regional banks are expanding loans to small- and medium-sized enterprises (SMEs), but Seoul-based major lenders are (more…)


UNDP and NASMEC unite with a project to support SMEs

SMEs are being given a helping hand through a special 'business incubator' project launched last week by the United Nations…


Fortis (UK) Limited acquires OutRight

Fortis today announced that its UK subsidiary Fortis (UK) Limited has acquired OutRight, a UK Personal Lines insurance.... (more…)


Achef predicts a 30% rise in factoring by end 2005

The Chilean factoring industry expects to see business volume increase by... (more…)


Erste Bank sets up factoring unit

Erste Bank Hungary Rt has set up two new subsidiaries to better serve its clients. Erste Faktor Rt has Ft…


Sumitomo Mitsui to purchase Asian accounts receivable

Sumitomo Mitsui Banking Corp plans to set up an online factoring service in November to purchase accounts receivable in Asia, the Nihon…


Sasfin records excellent results

Banking and financial services group Sasfin posted another excellent result, with headline earnings up by (more…)


Bibby Factors’ MD named Manchester Young Director of the Year

Veteran and rising talents of the north west business scene gathered at the Institute of Directors' annual awards to (more…)


Accord announces consolidation of Montreal operations

Accord Financial Corp. has announced that it will be consolidating its Montreal factoring and asset-based lending operations into (more…)


Sterling Bancorp appoints tenth director to Board

Sterling Bancorp and its principal banking subsidiary, Sterling National Bank, have announced the appointment of (more…)


Geotel to enter small business lending market

Mexican private investment firm Geotel plans to enter the small business lending market through the acquisition of (more…)


Commercial finance slips 0.7% in July

New figures show that commercial lending finance dropped 0.7 per cent in July in the first sign that the surge…


Bank of England interest rate decision

The Bank of England Monetary Policy Committee's decision was announced at noon without further comment in line with usual practice…


Micro business to receive EU subsidies for first time

Dozens of small professional businesses in the services sector will be eligible for subsidies for, (more…)


Number of insolvencies drops – Euler Hermes Cescob survey

Economic growth, influenced mainly by investments and export, impacted the number of insolvencies significantly (more…)


Taageer Finance announces IPO date

Taageer Finance, Oman's youngest leasing and finance company, is entering the capital market with an initial public offering (IPO) of…


Export sector aims to achieve US$50 bn in 2006

The Philippine export sector intends to address four key areas to achieve its US$50 billion target revenues for next year…


New appointment at Charterhouse Commercial Finance Plc

Charterhouse Commercial Finance Plc has appointed a new business executive,  bringing a wealth of experience to the company through his seven…


Arab agency extends US$45m line of credit to Lebanon

The Arab Trade Financing Programme (ATFP) announced yesterday that it has extended a US$45m line of credit to Lebanon's (more…)


Banco HNS plans 37% increase in 2005 lending

Chilean bank Banco HNS is aiming to increase its lending by 37 per cent this year, HNS chairman Carlos Cáceres…


Eximbank launches factoring services to support export

Many Korean companies are competitive. But they cannot survive without the proper finance (more…)


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