BCR Latest News

Country’s third largest factor receives ratings boost

Grupo Security, the financial services conglomerate and owner of Factoring Security, the third largest factor by market share in Chile,…


Credit insurer and factor back to profitability

Atradius, the credit insurance and credit management firm, with an estimated 25 per cent world market share, has reported a…


Germany and France lead Europe…with insolvencies

Euro 2004 hosts, Portugal, have witnessed the highest increase in business insolvencies compared to the rest of Europe – according…


Value-added of SMEs grows 11.8 %

More productive labour in 2003 helped push growth of value-added of small- and medium-sized enterprises (SMEs) to surpass that of…


Bancomext loans up 10%; most to SMEs

Mexico's national foreign trade bank Bancomext issued US$2.1bn in loans to support export activities in the first five months of…


Hungary third in regional FDI inflows, first in outflows

The level of foreign direct investment (FDI) continued to fall in the OECD area in 2003, the Paris-based organization said.…


Increase of FDI expected

A better global economic environment and potentially higher investments from small- and medium-sized enterprises (SMEs) could lead to an increase…


Late payments cost business Ј20b a year

A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments…


Bankruptcies up despite cost of finance at 20yr low, credit…

The lowest interest rates in more than 20 years have not significantly curbed company liquidations in South Africa, which for…


Factor seeks partnership with bank giant

Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is…


ECGC mulls trade credit insurance launch for home

After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…


French SMEs look towards China

Following the visit to China earlier this month of the French minister for trade, Francois Loos, the French government is…


Euler extends Greek credit insurance business

Euler Hermes, the French credit insurance company, has announced that it has raised its stake in its Greek joint-venture, Phoenix…


CNB stuns markets with interest rate rise

The Czech National Bank (CNB) bank board took the markets by surprise, raising interest rates by 0.25 percentage points. The…


China surpasses US as world’s biggest recipient of investment

China overtook the United States as a recipient of foreign direct investment (FDI) in 2003 as companies broadened their strategies…


A third of companies unable to pay interest on debts

Despite aggressive corporate restructuring efforts since the financial crisis, nearly three in 10 domestic firms were still unable to pay…


Corporate contemplates an expansion into factoring

Hairmax International, a beauty products group, is seeking to partner or invest with a company that provides financial services to…


Bank sees domestic factoring potential following stake increase in GTF

Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…


SMEs starved of working capital for IT expansion, says trade…

Small- and medium-sized enterprises (SMEs) wanting to finance their information and communications technology (ICT) implementation are currently faced with a…


BCR talks to the factoring industry about tackling competition in…

On BCR’s behalf, Emma Shotton speaks to senior factoring company executives to find out how they will continue to grow…


Lloyds TSB Commercial Finance delivers bumper profits in 2003; Ettershank…

Lloyds TSB Commercial Finance (Lloyds TSB CF) unveiled record results for the business with combined profit before tax of Ј52.534m,…


Dishman closes receivables-backed securitisation programme

Dishman Pharmaceuticals and Chemicals on June 22, 2004, announced closure of its estimated $22 million debt issue programme. This issue…


Regulator to gradually ease listing requirements for SMEs

China will gradually relax listing requirements for small and medium-sized enterprises on the new Shenzhen second board to provide more…


Credit ratings becoming central for business growth

Credit evaluation is becoming an integral part of business in Malaysia as companies begin backing their business decisions with credit…


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