The development of Brazil’s export activity and the impact this will have on factoring
Brazil is a country full of business opportunity. The country has both vast natural resources and modern, competitive industries.
Brazilian micro credit bank Banco Popular do Brasil (BPB) saw its micro credit portfolio reach reais 54m (US$21.3m) in April, its parent Banco do Brasil (BB) said in a statement.
Brazilian bank Banco Indusval Multistock (BIM) aims to boost lending to medium-sized enterprises by 40% this year to reais 350m (US$129m) compared to 2004, the bank's CEO Luiz Ribeiro told.
Brazilian micro credit bank Banco Popular do Brasil (BPB) has reached 1.2 million clients after one year of operation, parent federal bank Banco do Brasil (BB) announced.
The International Finance Corporation (IFC) has issued a US$10m credit line to Brazilian bank Banco Triangulo (Tribanco) for small- and medium-sized enterprise (SME) financing, the IFC said in a statement.
Four months after the visit of the Brazilian president Lula to Beijing, Brazil and China may resume negotiations about joint investments.
French insurance group Coface plans to open an insurance subsidiary in Brazil this year or in the beginning of 2005 to offer domestic credit insurance, local news service Agкncia Estado quoted Seguradora Brasileira de Crйdito a Exportaзгo (SBCE) c