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Brazil

Fator close to buying Cigna brand

Brazilian financial institution Banco Fator is close to sealing a deal to take over the Cigna brand name in Brazil, local financial daily Gazeta Mercantil reported. (more…)

SBCE sees 15-20% premium growth this year

Brazilian export credit insurer Seguradora Brasileira de Crédito à Exportação (SBCE) expects to increase written premiums 15-20% to up to…

#bank#banks#export credit insurance


IDB approves US$1bn loan for BNDES

The Inter-American Development Bank (IDB) has approved a US$1bn loan to Brazil's national development bank BNDES to provide financing for…

#bank#investment#smes


CEF to increase loans to SMEs 52% this year

Brazilian federal savings bank Caixa Econômica Federal (CEF) will increase loans to small- and medium-sized enterprises (SMEs) by 51.9% this…

#bank#Caixa#smes


BB aligns with export credit insurer

Brazilian exporters can use export credit policies from local export credit insurer Secreb as guarantees for post-embarkation export financing from…

#bank#exporters#guarantees


Coface unit looking to more than double profits this...

The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface…

#bank#banks#insurance


Brazil 2006-07: Domestic recourse pushes volumes higher

In Brazil, political risk has finally been divorced from economic risk. In the past Brazil has been associated with problems…


Coface aims at 38pc premium growth and new factoring...

Coface do Brasil will end 2006 with close to reais 3m in premiums, which represents a 50% market share (more…)

#3M#bank#banks


IFC adds Daycoval to trade finance programme

The programme provides funding for banks for short-term pre-export financing and eases access to foreign markets for midsize banks in…


Coface aims for 40% annual domestic credit insurance growth

The Brazilian unit of French credit insurer Coface expects to increase premiums from domestic credit insurance 40% a year for…


Santander Banespa reserves US$451m for SME lending in Q4

Brazil's fourth largest private sector bank Santander Banespa expects to lend 1bn reais (US$451m) to SMEs before the end of…

#bank#interest#interest rates


CEF obtains permit to finance exports, plans new offices...

Brazil's central bank has given the go-ahead for federal savings bank Caixa Econ mica Federal (CEF) to provide financing for…

AGF Seguros director moves to Euler Hermes

According to insurance federation Fenaseg, the southern regional director for AGF Seguros has left his position as a to become…

#Allianz#insurance#WHO

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