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Americas

China may invest US$4bn in Brazil

Four months after the visit of the Brazilian president Lula to Beijing, Brazil and China may resume negotiations about joint investments. The Brazilian government has special interest in constructing another three stretches of the Norte-Sul railway network and in doubling...

Banamex launches SME online service – Mexico

Mexico's second largest bank Banamex has launched an online financial services portal for small and medium-sized enterprises (SMEs), the company…


Bridge Bank awarded SBA Preferred Lender status in California

Bridge Bank, National Association, Santa Clara County's newest business bank, today announced that the Bank has achieved California Statewide Preferred…


Fed raises interest rate

The US Federal Reserve boosted a key short-term interest rate by one-quarter percentage point last night, the third increase this…

#banks#economy#interest


Canadian SMEs seek Malaysian partners

Canadian small- and medium-sized enterprises (SMEs) are keen on having business partners in Muslim countries, particularly Malaysia, Malaysia-Canada Business Council…


US Commerce Dept to help exporters access Chinese markets

The US Commerce Department yesterday unveiled new tools in Beijing to help US companies expand exports to China's growing market,…


Factoring industry profits face double-digit declines in H1

Mexico's factoring industry reported net income of 84.5m pesos (US$7.3m) in the first half of 2004, a 16 per cent…


SME share of EDC business increases

Bolstered by an accelerating global economy, Export Development Canada (EDC) business volume was $26.1bn (US$14bn), of which the small- and…


Bancoldex increases loan portfolio to SMEs

Loans from Colombia's state-owned export development bank Bancoldex to micro, small- and medium-sized enterprises will probably account for 35 per…


Ex-Im Bank helps finance US exports to Peru

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$15.9 million credit guarantee facility to support the…

#bank#emerging markets#exports


Equifax announces $125 million trade receivables financing facility

Equifax Inc. has announced the closing of a trade receivables-backed revolving credit facility. Under the terms of the transaction a…

#bank#LIBOR#receivables financing


ES Bankest files malpractice suit against law firm over...

ES Bankest LC has filed a malpractice suit against the Florida law firm Gunster, Yoakley & Stewart P.A. and one…

Credit insurer to expand in Brazil ‘this year or...

French insurance group Coface plans to open an insurance subsidiary in Brazil this year or in the beginning of 2005…

#AIG#management#receivables

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