Brazil

According to reports, the IFC is to review a $90 million loan package to Brazil s Banco Fibra to help the bank improve its SME lending.

Alexandre Bucker de Souza, Director of Exicon in Brazil, provides Factorscan with an overview of the factoring market in Brazil, covering industry environment, market performance, supply and future trends.

SMEs in Brazil have increased their payment timeliness, bringing the Seresa Experian SME payment timeliness indicator to

 

The creation of Brazil s Ex-Im bank within development bank BNDES is an important step for Brazilian exporters, but its pledges

Brazilian Development Bank BNDES has announced that the Brazilian government is to open an export credit agency as a subsidiary of the bank.

Robert Kienzle, International Manager at Exicon in Brazil, talks to Factorscan about the country s trade relations with the United States, Exicon s difficult few years in the international arena and their emergence as the only provider of international factoring services in Brazil; and the factor's expectations of a bounce in 2010.

Brazilian national development bank BNDES plans a 50 per cent increase in its microcredit portfolio in the

Banco Industrial do Brasil has become the latest addition to IFC s Global Trade Finance program, a scheme that helps banks to expand their trade finance facilities for small and midsize enterprises (SMEs).

$180 million extended to Banca Daycoval in an effort to reinject finance into the SME sector.

Brazilian federal savings bank Caixa Econ mica Federal (CEF) has upped its available credit to SMEs by BRL20bn (EUR6.85bn) for use by the end of 2008