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While the demand from small- and medium-sized enterprises (SMEs) for credit is increasing, companies are obtaining funds from the credit unions rather than from banks. Credit unions are becoming the main source of finance for the SME sector due to...
Following the introduction of a new law the Guatemalan banking system is to be opened to new foreign-based players said…
According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…
#bank#Boost#insurance
Four new banks are considering opening niche operations in Chile in 2004. This will increase the degree of banking services…
#banking services#banks#financial services
Panama's Panabank is set to extend its operational reach within Central America through the acquisition of a local financial institution…
While some businesses struggle to stay afloat in the choppy economy, United Capital Funding is profiting from the storm. The…
#bad debts#bank#financial services
Credit insurance premiums in Chile are set to grow 30% this year, reaching US$15.6 million compared with last year, according…
#insurance#international#Two
Fleet Capital Corporation, one of America’s largest asset-based lenders, has announced that it served as agent for a US$200 million…
The Bank of Canada surprised financial markets on 15 July by cutting its key interest rate by one quarter-point, citing…
Chilean bank Banco del Desarrollo is considering the acquisition of a factoring agency aimed at complementing its services to the…
#bank#Credit Agricole#small businesses
Banco del Desarrollo is considering buying a factoring company. The decision follows the bank's recent acquisition of Banco Sudameris from…
#acquisition#bank
GE's second quarter 2003 earnings were US$3.8 billion compared withUS$4.4 billion, in Q2 2002, the Company announced today. The Commercial…
Citing the details of trial documents and witnesses' testimony, a federal judge declared on Friday (11 July) that the husband-and-wife…
#bank#Clear#Jobs