BCR Latest News

Banca IFIS looks to expand at home and abroad

Gianni Bossi, managing director of Banca IFIS, the Italian factoring bank, told Cristiano dell'Oste (more…)


Insolvency statistics for Q2 2005

Quarterly figures for company and individual insolvencies were published today. The figures show that company and individual insolvencies have (more…)


Ex-GMAC CF Directors head new division

The three senior GMAC CF directors who resigned in early May have resurfaced, operating as a division of (more…)


Bank of England makes first rate cut in two years

In a statement accompanying its interest rate decision, the Bank s monetary policy committee (MPC) (more…)


FCI elects new chairman and increases membership

Factors Chain International (FCI) has elected as the new FCI chairman (more…)


Accord announces Normal Course Issuer Bid

Accord Financial Corp., has announced that the Toronto Stock Exchange (TSX) has accepted for filing a Notice of (more…)


Fortis Commercial Finance – five years old and on track…

Fortis Commercial Finance (FCF) celebrated its fifth anniversary last month, affirming its strong position within the £132 billion UK factoring…


Service sector recovery gathers pace – CIPS survey

Business activity in the UK services sector unexpectedly accelerated in July, dampening expectations that the Bank of England (more…)


GMAC builds its Commercial Services division

GMAC Commercial Finance announced the addition of three new executives to its Greensboro, N.C.-based Commercial Services Division (more…)


EBRD extends medium- to long-term financing t Banca Sociala for…

Private small- and medium-sized enterprises (SMEs) across Moldova will gain greater access to finance following a €5 million loan from…


Lloyds TSB Commercial Finance backs UK’s fastest growing catering food…

The management team, led by chief executive Ed Hyslop, has taken a significant equity stake in the business, with the…


EXIM Bank of Thailand's Q2 net profit drops

The Export-Import Bank of Thailand (EXIM Bank) today released its operating results for Q2 2005, revealing a drop in net…


Bank loan boom around the corner – NBP

The conditions for granting bank loans will gradually be eased, particularly with regard to small- and medium-sized enterprises (SMEs), according…


EIB and State Bank of Mauritius sign EUR20m Global Loan…

The European Investment Bank (EIB), the EU s long-term financing institution, is to lend €20m from its own resources for…


Forum to provide SMEs with finance and business strategy guidance

The Government is to establish an industry-driven forum to map out the best strategies for small- to medium-scale enterprises (SMEs)…


IBK establishes status as leading bank in financing small firms

The Industrial Bank of Korea (IBK) is committed to financing small- and medium-sized enterprises (SMEs) in the belief (more…)


Small firms 'crippled' by late payments – ISME

Small firms lobby group ISME said the situation was getting worse, even though there has been legislation in place (more…)


Techcombank announces new factoring service

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced yesterday that it will provide a factoring (more…)


Regional banks boosting unsecured loans to small businesses – report

Regional banks are sharply increasing unsecured lending to small- and medium-sized businesses (SMEs) in response to (more…)


SME acquires factoring business from Potential

SME Invoice Finance Limited (SME) has concluded the acquisition from Potential Finance Group PLC (Potential) of their factoring business, including…


IDB fund approves US$5m financing to promote factoring

The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit  to support a…


Restructuring professionals give thumbs down to Bankruptcy Code revisions

Just three months before enactment of the revised Bankruptcy Code, many corporate renewal professionals are still (more…)


Minsheng Bank blazes new trials for financing export SMEs

China Minsheng Banking Corp. and China Export Credit Insurance Corporation (Sinosure) have signed an agreement on cooperation in (more…)


Smaller firms pessimistic about August outlook – survey

South Korea's small- and medium-sized businesses (SMEs) are pessimistic about their business outlook for August, due to continued (more…)


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