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Chile's first quarter credit insurance sales reached 928.5m pesos (US$1.4m), an 18.2% increase over the 785.6m pesos posted in the same period in 2003 according to figures from the local insurance association AACH. However, Coface Chile executive Louis des Cars...
#insurance#management#receivables
Mexico's electronic commerce association, Amece, predicts it will be at least five or six years before the majority of businesses…
#e-invoices#smes
A million-dollar executive has been indicted with five others by federal grand jurors in connection with businesses that collapsed amid…
Another top former FleetBoston Financial executive has left Bank of America Corp. to be replaced by a long-time BofA staffer,…
#bank#Bank of America#banks
The Chilean unit of French commercial insurer Coface expects profits to grow 30 per cent this year, company executive Louis…
#bank#conference#management
Profits at Mexico's 16 factoring companies fell 21.5% to 157m pesos (US$13.5m) in 2003 due, in part, to higher administrative…
The four factoring companies registered with the Chilean stock and exchange commission (SVS) yesterday posted a combined profit of Pesos…
GMAC Commercial Finance’s (GMAC CF’s) Retail Finance Group announced the closing of a US$10 million fully-secured revolving credit facility to…
#banks#commercial finance#financial services
Banco Espirito Santo International Ltd (BES) sued accounting firm BDO Seidman on Tuesday, alleging it "rubber-stamped ... obviously false financial…
#bank#factoring fraud#international
EquiFin, Inc. has reported revenues for the first quarter ended March 31, 2004 increased by 57.6% to US$643,000, compared to…
#acquisition#business finance#interest
Equador's government is to introduce a new export loan insurance programme backed by French-based trade insurer Coface. State export promotion…
Many of the nation’s small-business owners apparently aren’t letting interest rate concerns and geopolitical uncertainty get them down. Their optimism…
Compared with the glamour and engineering dexterity on display in a tour round one of Boeing's aircraft factories in Seattle,…