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Urguayan bank Banco Acac has joined forces with French insurer Coface to provide export financing with credit insurance, local daily El Pais reported. The Coface group could not give more information or comment on the partnership. Source: Business News Americas/BCR
The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…
The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no…
Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a…
#capital requirements#liquidity#working capital
Federal Reserve policymakers are expected to hold interest rates at a 41-year low when they meet tomorrow following the sudden…
The International Finance Corporation (IFC) of the World Bank has granted a US$100-million credit line to Grupo Financiero Banorte to…
The majority of SME manufacturers’ chief financial officers (CFOs) anticipate revenue growth for their companies according to a recent survey.…
#economy#interest rate#management
Chilean development bank Banco del Desarrollo aims to grow lending 8-10% next year, compared to this year's forecast 3.6% growth,…
#bank#commercial lending#Credit Agricole
Accord Financial Corp. (TSX - ACD), a leading North American provider of asset-based financial services to businesses, including lending, factoring,…
GE Commercial Finance announced it has completed its acquisition of the structured finance business of ABB. ABB and GE Commercial…
#acquisition#commercial finance#financial services
First Quantum Minerals Ltd. has signed a mandate and indicative term sheet with Standard Bank Group and WestLB AG as…
#bank#debt facility#export credit insurance
Brazil’s federally owned Banco do Brasil (BB) was very much in the news as it boosted its Proex export financing…
#bank#export finance#exporters
Chilean banker Odde Rishmague, who is engaged in factoring, financial advisory, and real estate in his home country, is planning…
#acquisition#bank#banks