factoring payments Chile 22-08-2003Banco del Desarrollo to acquire factoring business despite profits drop largely due to severance paymentsChile’s Banco del Desarrollo saw first half net profits drop 5.85% year on year to 3.4bn pesos (US$4.9m), mainly due to severance payouts for laid off personnel, local financial daily…Sign in or Upgrade to Continue ReadingThis news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn moreAlready a subscriber? Log in here