BCR Latest News

Davenham sale may fetch Ј50m

Manchester finance firm Davenham could be sold within weeks for more than Ј30m. Its private equity owners are hoping to…


Overdraft burden tests small businesses in the UK

Small businesses in the UK owe approximately Ј15.9 billion in overdrafts according to new independent research commissioned by GMAC Commercial…


Muscat Finance profit up 6%

Muscat Finance Co. has announced record profit after tax of RO1.88 million compared to RO1.77 million in the previous year,…


ICICI Infotech rebrands itself as “3i Infotech”

ICICI Infotech Limited, a provider of end-to-end IT solutions, have announced that the company has been renamed “3i Infotech Limited”.…


Smaller firms call for opening of Swiss economy

The Swiss association of small- and medium-sized enterprises (SMEs) says it favours closer cooperation with the European Union and reforms…


Exim Thailand’s 2004 net profit drops 33%

The Export-Import Bank of Thailand (Exim Thailand) said its 2004 unaudited net profit fell by 33 per cent compared to…


Factoring group seeks external growth

Italian factoring group Banca Ifis intends to pursue external growth by acquiring another Italian group, says its chief executive Giovanni…


GE Commercial Finance provides US$30m senior secured credit facility to…

GE Commercial Finance Corporate Lending announced it has provided a US$30m senior secured credit facility to western wear manufacturer and…


Atradius announces new Regional Director

Atradius has appointed a new Regional Director of the UK & Ireland, North American Free Trade (NAFTA) and Australasia at…


Factoring industry leaders to gather at Receivables Finance International 2005,…

The 5th Receivables Finance International Conference is to take place at The Hilton Arc de Triomphe Hotel, Paris, on 10…


Cattles appoints new regional sales manager for the South East

Cattles Invoice Finance has recently appointed Alison Henshilwood as regional manager. Alison previously worked for Credit and Business Services in…


GE Commercial Finance Corporate Lending establishes Pittsburgh office

GE Commercial Finance Corporate Lending announced that it has established a Pittsburgh office to be led by Peter K. Lee,…


EBRD supports SMEs with US$5m loan to Moldindconbank

Entrepreneurs across Moldova will gain more access to finance following a US$5m loan from the EBRD to Moldindconbank (MICB), one…


Marquette Business Credit acquires loan facilities from Capital Factors

Marquette Business Credit has acquired US$87.5m in revolving credit and term loan facilities from Capital Factors. The sale by Capital…


HSBC regional expands factoring services

HSBC Middle East will take its factoring services business to Bahrain and Qatar this year following a doubling of the…


Philippines' Equitable PCI and Germany's NordLB sign import finance deal

Equitable PCI Bank has signed a deal with Germany's state-owned Norddeutsche Landesbank (NordLB) for a Ђ50m long-term financing facility that…


India's Exim bank signs MoU with Bahrain's EDB

The Export Import Bank of India has signed an MoU with the Economic Development Board of Bahrain to promote bilateral…


Brokers urged to expand credit range

Brokers are being urged to expand their credit insurance range, following a survey by Coface UK, a leading provider. The…


Bank tax will cost OTP Bank Ft 9.6 bn

OTP Bank Rt announced which special bank tax each of its subsidiaries will choose to pay this year. Under an…


Factoring Ceskй Sporitelny with turnover Kc22.5 bn became a market…

Total turnover of Factoring Ceskй Sporitelny increased by almost 40 per cent last year and reached Kc22.5 bn., with a…


Cattles appoints a new sales manager

Leeds based Cattles Invoice Finance has strengthened its sales team with the appointment of Danny Weaver as regional sales manager.…


Banca Carige allocates Ђ100m to finance SMES

Banca Carige will allocate Ђ100m to small- and medium-sized enterprises (SMEs) from the Liguria region associated with Fidimpresa Liguria and…


Sidbi wants stake in a bank to serve SMEs

Small Industries Development Bank of India (Sidbi) has submitted a proposal to Finance Minster P Chidambaram for taking a strategic…


New funding solution for industry enables focus on growth

Bibby Financial Services announces the launch of Recruitment Finance its new funding and payroll solution for the recruitment industry. Already…


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