BCR Latest News

US$5 million to support factoring services to small and medium…

The International Finance Corporation, the private sector arm of the World Bank Group, will provide US$5 million to Factorline S.A.…


Singapore-based International Factors acquires 10% stake in Advance-Finance

Top Singaporean financial company in bid to break into Thai market, The Nation reports. International Factors (Singapore) has agreed to a…


EDC selects Coface to provide domestic insurance coverage

Export Development Canada (EDC), Canada's export credit agency, and the Canadian arm of a worldwide business-to-business trade facilitator, Compagnie Française…


Shares drop at Banca Italease as Monte dei Paschi di…

Italian leasing and factoring group Banca Italease yesterday saw its share price drop by 1.29 per cent to close at…


Value of insurance on Polish exports soars

Speaking at a conference on Monday, the chairman of the Export Credit Insurance Company (KUKE), Jaroslaw Biernacki pointed to figures…


Progressive Employer Services acquires US$5m credit line to fund new…

Progressive Employer Services, a privately held professional employer organisation (PEO), announced today that it has entered into a US$5m revolving…


Mapfre credit insurance may see profits soar by 55% in…

Chilean credit insurance company, Mapfre Garantías y Créditos, is on track to increase its profits by 55 per cent to…


Kasikornbank exploits opportunities with Chinese SME businesses

In today's business environment, China has become the country of choice for companies who want to benefit from the vast…


New government appointment may encourage more support for small business

It is hoped that the new appointment of small business commissioner, Michael Scaper will encourage the government to offer more…


FDA encourage creative thinking with factoring course

By Sandrine Lester, BCR's factorscan Editor The FDA has a reputation for setting a benchmark in excellence for the variety and standard of…


Siauliu Bank granted Ђ2 m credit line for SMEs

Siauliu Bank and the Nordic Investment Bank have signed an agreement that will grant Siauliu Bank  a credit line of…


MFB launches new HUF 2bn ( Ђ8,115.41) loan programme for…

The Hungarian Development Bank (MFB) has signed a contract with Budapesti Vallalkozasfejlesztesi Kozalapitvany (BVK) subsidiary Enterprise '94 to launch the…


BRE’s new strategy focuses on small- and medium-sized firms

BRE Bank has devised a new corporate banking strategy that will focus on small and medium-sized enterprises (SMEs), instead of…


Cenbank to impose more caps on bank fees

Venezuela's central bank has approved a new set of bank controls, local press has  reported. The central bank will limit fees…


GE acquires remaining 50% of Heller Bank from ING

The financial arm of US conglomerate General Electric (GE) has acquired ING Bank’s 50% stake of Heller Bank, giving it…


Fortis aims to increase acquisitions and become top five player…

Belgo-Dutch bancassurance group, Fortis is today giving a presentation unveiling its “growth strategy” to analysts and investors in London, starting…


Exim bank and SBI may pick up stake in Ucal's…

Exim Bank of India and State Bank of India (SBI) are looking to invest in the equity and debt of…


GE FactoFrance moves into new sectors

GE FactoFrance, the French factoring subsidiary of US group General Electric, has announced that it has launched business lines (more…)


GE reorganises names new vice chairman, Commercial Services

General Electric Company chairman and CEO Jeff Immelt announced a new organisation aimed at accelerating growth and profitability (more…)


FDA members report 20% rise in client sales volumes Q1…

Irish members of the Factors Discounters Association (FDA) have reported client sales volumes of (more…)


FDA members report sharp rise in syndicate deals volume in…

The Factors Discounters Association (FDA) has released its members quarterly statistics, which show a marked increase in the volume of…


Fortis details growth plans – closer to the customer, stronger…

Fortis will today present detailed plans for its businesses,its growth strategy for 2005-2009, which were outlined in an announcement in…


Bancуldex raises SME lending by 11% in Jan-May

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancóldex) boosted lending (more…)


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