BB bets on new line of export financing

Brazilian federal bank Banco do Brasil (BB) is betting heavily on a new line of credit for small- and medium-sized exporters with annual sales up to reais 5m (US$2.29m)

IFC adds BMC to global trade finance programme

The International Finance Corporation (IFC), the private sector arm of the World Bank, has added Brazilian bank Banco BMC to the list of issuing banks in its global trade finance programme

Coface unit premiums top US$6.7m in Q1

The Brazilian subsidiary of French credit insurer Coface closed the first quarter this year with reais 15m (US$6.71m) in premiums, the insurer announced in a statement.

CEF to expand into export financing in H2

Brazil's federal savings bank Caixa Economica Federal (CEF) will start offering loans and other financial services to local exporters by the second half of the year