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Private banks receive US$62m for SME loan guarantee fund

Chile's state-sponsored loan guarantee fund Fogape, distributed pesos 33.9bn (US$62.4m) in small business loan guarantees among... (more…)

Accord announces acquisition of Trade Finance Inc

Accord Financial Corp. (TSX ACD) is pleased to announce that it has acquired 100 per cent of Trade Finance Inc.,…


Experian pioneer anti-money laundering scoring system for auditors

Experian®, a global information solutions provider, today announced the launch of ASSIST//score, a risk-based scoring system to help financial institutions…

#anti-money laundering#financial services#management


Accord’s financial report shows a decline in factoring

Accord Financial Corp. (TSX ACD), a leading North American provider of asset-based financial services to businesses, including factoring... (more…)


Rockland Credit Finance ads Asset-Based Lending Subsidiary

John Fox, president and CEO of Rockland Credit Finance, has announced the formation of Rockland Business Credit, a wholly owned…


Fitch affirms A+ rating on Coface unit

Fitch Ratings has affirmed its A+ rating on the Chilean P&C unit of French insurer Coface with a stable outlook,…

#insurance


KGI increases due to positive economic variables

The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, has... (more…)


Coface to launch new Brazilian office in November

Coface announced last week that it was in the process of opening a new insurance company in Brazil so it...…


Chile’s largest international factoring company assigned ratings by Humphreys

Chilean ratings agency Humphreys has assigned a BBB+ rating to Chile's largest... (more…)


BankBoston sees commercial lending growing by 40 per cent...

The Chilean unit of US-based Bank of America (BofA) (NYSE: BAC), BankBoston, aims to grow commercial lending by 40 per…


$10m credit guarantee will alleviate problem of financing SMEs

Following the news that the The Inter-American Investment Corporation (IIC) has approved a partial credit guarantee for a standard bond…

#bank#funding#guarantee


M&A activity sets new record in the USA accounts...

After a slow start in the first half of the year, 2005 M & A activity kicked into high gear…

#interest rates#international#management

Ex-Im Bank extends long-term finance for exports to Pemex

The Export-Import Bank has approved three long-term loan guarantees totaling US$1 bn to.... (more…)

#bank#exports#guarantee

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