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The International Finance Corporation (IFC) announced it would provide a US$40m seven-year loan facility to Argentine bank Banco Galicia. The loan is aimed to provide Galicia with resources to increase its lending to small- and medium-sized enterprises (SMEs) with exporting...
#bank#financial institution#international
Equifin have received the return of the stock of Equinox Factors, Inc from Coast Capital Partners as provided under the…
Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancóldex) aims to boost lending to small- and medium-sized…
The Retail Finance Group of GMAC Commercial Finance (GMAC CF) announces the arrangement and closing of a US$60 million agented…
Small business owners' attitudes and opinions toward cash management and cash flow indicates a desire for greater efficiency throughout the…
Three Chilean banks - BancoEstado, Banco del Desarrollo and Santander Santiago dominate the local micro credit industry with some 95%…
#bank#banks#risk
General Motors is exploring ways to separate its own battered credit rating from that of General Motors Acceptance Corporation (GMAC),…
#funding#risk#Two
Costa Rica's export association and insurance company Interseguros have developed a credit insurance product for exporters, covering up to 88…
Five veteran lenders have joined BB&T Factors to open a new office to offer domestic and international factoring services. The…
Colombia's largest bank Bancolombia announced a new programme designed to provide consulting and support services to small- and medium-sized enterprises…
The Colombian loan guarantee fund Fondo Nacional de Garantнas (FNG) is playing a key role in boosting banks' lending to…
#bank#BBVA#international
The new federal bankruptcy law not only makes it harder for individuals to avoid repaying their debts, it also imposes…
#bankruptcy#guarantee#small business
Brazilian micro credit bank Banco Popular do Brasil (BPB) saw its micro credit portfolio reach reais 54m (US$21.3m) in April,…