Coface unit to launch a factoring operation in Argentina in early 2008 The Argentine unit of French insurer Coface is looking to enter the factoring business by the beginning of 2008,
Argentina's largest credit insurer Coface expects to increase its domestic credit insurance segment from today's 20% to account for 50% of premiums by 2010.
Argentina's Banco Supervielle has joined the International Finance Corporation (IFC's) global trade finance program as an issuing bank, IFC said in a press release.
Trade credit insurer Euler Hermes S.A. launched a new Latin American subsidiary in Argentina, its third in a region the company considers as having high growth potential.