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Profits at Mexico's fourth-largest banking group Grupo Financiero Banorte (GF Banorte) widened year-on-year 5.7% to 559m pesos (US$49m) in the first quarter, thanks to higher commission and financial intermediation revenues. The ancillary credit division - factoring, leasing, and surety -...
Chile's state business development agency Corfo has reported that it issued more than 50bn pesos (US$80m) in loans last year…
#investment#smes#Vice president
US small businesses seeking to sell their products and services in foreign markets will have access to expanded financing support…
#bank#conference#exporters
Luis Antonio Mahbub Sarquis, president of the Chambers of Commerce Federation (Concanaco), said that 3,600 companies in Mexico were forced…
Hector Barreto, administrator of the US Small Business Administration (SBA), praised Mexico's commitment to helping small enterprises on Tuesday. He…
#bank#guarantee#guarantees
The Export-Import Bank of the United States (Ex-Im Bank) is pleased to announce that the first transaction has been approved…
Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job…
#bank#credit risk#risk
Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…
#Accord Financial#Accord Financial Corp#financial services
Two seasoned financial and banking services executives have been named to head business development at the Export-Import Bank of the…
Financial services conglomerate Grupo Security expects to complete the merger between its bank Banco Security and the Chilean subsidiary of…
#acquisition#bank#financial services
The stabilisation of the economy and decreasing interest rates in 2000 and 2001 led to growth in the factoring industry,…
#bank#banks#factoring industry
CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…
#CIT#commercial finance#i
Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancуldex) issued loans totalling 502bn pesos (US$191m) to the…