Banco del Desarrollo eyes factoring company


Banco del Desarrollo is considering buying a factoring company. The decision follows the bank's recent acquisition of Banco Sudameris from the Italian group Intesa for about US$30 million.

According to the bank, the purchase of a factoring company will help it to improve its services to small companies.

Source: South American Business Information



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Posted on Jul 15, 2003
Region: Chile