Joint Venture of Banco de Chile and BCI to Will Offer Electronic Factoring to Clients


Artikos Chile, a company formed with a US$9mil investment by Banco de Chile and BCI (Banco Credito e Inversiones), is planning to develop in the next two years a US$4m business and reach more than 3,000 clients. The site will operate among B2B companies offering aggregated value services. Its main objective is to produce significant savings in the participating companies buying and selling processes, at the same time as it increases its business, entering new markets and using high technology. Artikos Chile will also offer its clients electronic factoring, on-line credit and 'buyers and suppliers' classification.

Source: South American Business Information



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