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Surecomp relocates Latin American development centre

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the wholesale banking industry, announced today the relocation of its Chilean-based Latin American development and support centre (more…)

IFC to lend Banorte US$50m for industrial and service...

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will lend US$50m to Mexico's fourth-largest…

#bank#banking services#financial services


IDB approves US$116,835,000 loan to Costa Rica

A US$116,835,000 loan from the Inter-American Development Bank will support a programme to boost Costa Rica’s competitiveness by investing in…


US$5 million to support factoring services to small and...

The International Finance Corporation, the private sector arm of the World Bank Group, will provide US$5 million to Factorline S.A.…

#bank#international#management


EDC selects Coface to provide domestic insurance coverage

Export Development Canada (EDC), Canada's export credit agency, and the Canadian arm of a worldwide business-to-business trade facilitator, Compagnie Française…


Progressive Employer Services acquires US$5m credit line to fund...

Progressive Employer Services, a privately held professional employer organisation (PEO), announced today that it has entered into a US$5m revolving…

#bank#cash-flow#funding


Mapfre credit insurance may see profits soar by 55%...

Chilean credit insurance company, Mapfre Garantías y Créditos, is on track to increase its profits by 55 per cent to…


Cenbank to impose more caps on bank fees

Venezuela's central bank has approved a new set of bank controls, local press has  reported. The central bank will limit fees…


GE reorganises names new vice chairman, Commercial Services

General Electric Company chairman and CEO Jeff Immelt announced a new organisation aimed at accelerating growth and profitability (more…)

#commercial finance#financial services#management


Bancуldex raises SME lending by 11% in Jan-May

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancóldex) boosted lending (more…)

#bank#SME lending#smes


Credit insurers see industry growing 30-50% through 2006

Mexico's leading credit insurers Atradius and Euler Hermes anticipate the market growing 30-50% this year and next (more…)

#Atradius#bank#exports


CIT appoints new head of MBO and MBI financing

CIT Group announced the appointment a senior managing director and head of global sponsor finance,  responsible for developing and managing…

Ex-Im Bank helps small business exporter double sales to...

Backed by an insurance policy from the Export-Import Bank of the United States (Ex-Im Bank (more…)

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