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Brazil

China may invest US$4bn in Brazil

Four months after the visit of the Brazilian president Lula to Beijing, Brazil and China may resume negotiations about joint investments. The Brazilian government has special interest in constructing another three stretches of the Norte-Sul railway network and in doubling...

Credit insurer to expand in Brazil ‘this year or...

French insurance group Coface plans to open an insurance subsidiary in Brazil this year or in the beginning of 2005…

#AIG#management#receivables


Syndicate in US$35m export finance facility

Brazilian Banco Santos has obtained a US$35m secured revolving export finance facility from a syndication of international financial institutions, according…


Factoring rebounds from 2002 lows

The stabilisation of the economy and decreasing interest rates in 2000 and 2001 led to growth in the factoring industry,…

#bank#banks#factoring industry


BankBoston to target SMEs

BankBoston Brasil will increase its focus on small- and medium-sized enterprises (SMEs) this year by opening 25 new SME-targeted business…


Banco do Brasil boosts export lending 17%; SMEs benefit

Brazilian federal bank Banco do Brasil (BB) boosted export lending under its Proex programme by 17% in January to US$9.6m,…


BNDES increases small business lending

Brazil's national development bank BNDES boosted its lending to micro- and small-size enterprises by 20% to more than 10bn reais…

#bank#Caixa#funding


Euler Hermes to offer export credit insurance in 2004

Euler Hermes, the specialisist credit insurance company, is opening a new company in Brazil. Euler Hermes is part of the…


Euler Hermes to offer export credit insurance

The Brazilian credit insurance unit of German insurer AGF, Euler Hermes, plans to offer credit insurance for export operations in…


Flat economy with record exports

Brazil's central bank is forecasting economic growth cut by more than half, from 1.5 per cent to 0.6 per cent,…

#bank#economy#exports


Braskem S.A. raises US$30m against future export US$ receivables

Braskem S.A, leader in the thermoplastics segment in Latin America and among the five largest Brazilian privately-owned industrial companies, today…


Euler & Hermes to compete with Coface in export-guarantee...

Euler do Brasil, the local credit insurance unit of German financial group Allianz, has received government authorisation to insure export…

Interest rates raised in effort to curb inflation

Brazil's central bank raised interest rates for the second time in a month to curb what new President Luiz Inбcio…

#bank#banks#emerging markets

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