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Brazil’s federally owned Banco do Brasil (BB) was very much in the news as it boosted its Proex export financing by 55.6% in October to US$54.4m, compared to the same month last year. Proex is a special credit line for...
#bank#export finance#exporters
For the second time in two months, Brazil's central bank increased its prime lending rate, this time by a percentage…
#bank#Bank of America#economy
Exicon, the leading factor in the Brazilian market, has today announced the commencement of the operation of an import factoring…
Brazilian banks are reducing the offer of credit to small and medium sized companies due to the growth of default…
#banks