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Brazilian Banco Santos has obtained a US$35m secured revolving export finance facility from a syndication of international financial institutions, according to syndication book runner and lead arranger US ORIX Trade Capital. The facility was 40% oversubscribed and increased from its...
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 Brasil will increase its focus on small- and medium-sized enterprises (SMEs) this year by opening 25 new SME-targeted business…
Brazilian federal bank Banco do Brasil (BB) boosted export lending under its Proex programme by 17% in January to US$9.6m,…
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, the specialisist credit insurance company, is opening a new company in Brazil. Euler Hermes is part of the…
The Brazilian credit insurance unit of German insurer AGF, Euler Hermes, plans to offer credit insurance for export operations in…
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, leader in the thermoplastics segment in Latin America and among the five largest Brazilian privately-owned industrial companies, today…
Euler do Brasil, the local credit insurance unit of German financial group Allianz, has received government authorisation to insure export…
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
Coface, the French credit insurance specialist, has reduced its exposure to Brazil by 15% to US$1.08bn, daily Valor Economico reported.…
#AIG#banks#emerging markets
Brazil's central bank on Wednesday increased its key interest rate by 3 percentage points to 25 per cent in an…