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The Chilean unit of French credit insurer Coface expects its recently launched international factoring business to represent 50% of its consolidated bottom line in 3-4 years, CEO (more…)
#export credit insurance#exporters#international
CorpBanca S.A. has been added to the NASDAQ, AMEX and NYSE. CorpBanca S.A. and its subsidiaries provide general commercial and consumer…
#AMEX#banking services#leasing
The bank is a small niche player mainly focused on the SME segment. The new owners will add leasing and…
#3M#bank#investment
The unit was acquired by its parent company, local financial services holding Empresas Penta last year (more…)
Factoring has only been available in Chile for about 15 years and hence the industry is at a relatively immature…
#bank#financial services#international
Chilean ratings agencies Feller Rate and Fitch have affirmed their respective ratings on local factoring company Eurocapital (more…)
#credit risk#risk
The rating is based on the recent upgrade of Coface Chile's parent company to (more…)
The International Factors Group (IFG) says Chile is ripe for a revolution in international factoring. The factor exchange body, announcing…
Chilean ratings agency Humphreys has upgraded its rating on the commercial paper issued by factoring firm Factorline from BBB+ to (more…)
#international#international factoring#management
Chile's third largest bank, state-owned BancoEstado, has achieved its goal of grabbing a 4 per cent market share in the local…
The Chilean subsidiary of French credit insurer Coface grew written premiums 38.4% from January-September this year to (more…)
#Boost#export credit insurance#insurance
Chilean financial group Grupo Security saw Q3 2006 profits rise 16% compared to the same period 2005, according to the…
#security
Last December, EuroAmérica bought the life insurance portfolio of the local subsidiary of Dutch banking group ABN Amro for an…