Banco Patagonia to inject US$14.7m to finance growth, steps up SME focus
Shareholders at Argentine bank Banco Patagonia have approved a 42.3m peso (US$14.7m) capital increase to finance
Argentine bank Banco Banex expects to boost financing to SMEs by 30% this year to around 260m pesos (US$88.m) compared to 2004, Banex's CEO Gabriel Coqueugniot told BNamericas.
Argentina's central bank has adopted a series of measures to facilitate small and- medium-sized enterprises (SMEs') access to retail bank lending, the central bank said in a statement.
Argentina's largest bank, federally owned Banco Nacion, plans to boost its export and import financing operations for small-and medium- sized enterprise (SME) next year as part of its growth strategy in that segment, said Nacion's senior VP and he
Argentine central bank president Martin Redrado announced a series of new measures to boost private companies' access to domestic financing.
Re-establishing credit for small- and medium-sized enterprises (SMEs) will be one of the main objectives of Argentina's central bank president Martin Redrado.
Panama-based trade finance bank Banco Latinoamericano de Exportaciones (Bladex) (NYSE: BLX) will continue to reduce its credit exposure this year and in 2005, the bank's CEO Jaime Rivera told BNamericas.
Argentine banks reach only 23% of small- and medium-sized enterprises (SMEs) in the country with their financing options, according to a study from the local SME confederation, CAME.
Argentine bank Galicia is aiming to boost its number of small-and medium-sized enterprise (SMEs) clients some 40% to 38,000 by the end of next year, compared to its current SME client portfolio, according to the bank's senior VP of corporate commu