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Chilean bank HNS Banco has completed a peso 592m (US$1.10m) capital increase to finance its loan growth over the next few years, the bank announced. (more…)
The Chilean credit insurance market will likely grow 8-10% annually over the next three years due to rising demand from…
Chile's factoring industry association Anfac aims to issue a one- to four-year US$40m securitised bond by September, according to Anfac…
#bank#factoring industry#funding
The Inter-American Investment Corporation (IIC) has approved a loan of up to US$3m to the seventh largest factoring company in…
Chile's factoring industry will see growth from its international operations slowing this year due to an exceptional performance in 2005,…
Continental commands a 54% market share in the credit insurance market, which is only serviced by two other companies (more…)
#asset management#insurance#investment
Grupo Security's banking and factoring businesses are expected to see loans growth of above 10% this year with (more…)
Chilean bank Banco Internacional aims to boost 2006 profits 10% from 2.01bn pesos (US$3.87m) posted last year. Banco Internacional is…
#bank#Bank of America#banks
Chile's fourth largest bank Bci launched a 10bn-peso (US$19m) revolving facility to refinance debts of some 1,500 of its own…
#bank#banks#interest rates
The Board of Directors is proposing to retain 35% of 2005 net income in order to finance commercial growth and…
#Banco Santander#bank#investments
Chile's third largest bank, state-owned BancoEstado expects to achieve a 4-5% market share in the local factoring business by year-end,…
#bank#confirming#international
Chile's factoring industry will see business volume grow 25% this year due in part to new players entering the market…
Chilean bank Banco Security expects to grow its lending portfolio 10-12% this year, up from (more…)
#bank#commercial lending#financial services