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Chilean financial group Grupo Security will make a capital increase of between US$50m-60m on 11 November this year, local press reported. Investors have until November 10 to register with the group in order to take part in the offering. Grupo...
#insurance#security
According to a statement from the banking regulator SBS, the Peruvian congress has approved a law that allows non-bank entities…
Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and…
#bank#banks#smes
Re-establishing credit for small- and medium-sized enterprises (SMEs) will be one of the main objectives of Argentina's central bank president…
#bank#Jobs#smes
The official unveiling of Mexico's newest bank, Banco Ve por Mas, on 11 October was welcome news indeed for a…
CIT Small Business was awarded Top Volume Lender status by the U.S. Small Business Administration (SBA) among lenders of SBA…
#CIT#economy#leadership
First M&F Corp. has reported that net income for the quarter ended September 30, 2004 was US$2.781 million, or US$.62…
A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and…
#bank#exporters#guarantees
Systems Evolution Inc.(SEVI), an information technology services company, announced today that it has closed a $1.5 million factoring facility with…
Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…
#international#leasing#receivables
Wells Fargo & Company reported diluted earnings per common share of US$1.02 for third quarter 2004, compared with US$0.92 in…
#interest#leasing#small business
Bridge Capital Holdings, whose sole subsidiary is Bridge Bank, N.A., Silicon Valley's newest business bank, has announced that Silicon Valley…
#bank#cash management#management
Chile's Banco Security is expecting a 10% annual growth in loan placements, boosted by a capital increase from its parent…