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Chile

Coface aims to grow premiums 11% in 2006

The Chilean subsidiary of French credit insurer Coface aims to grow premiums by 11-12% this year, up from (more…)

Grupo Security profits up 26% in 2005

Chilean financial services group Grupo Security saw 2005 profits grow 25.8% to (more…)

#acquisition#AIG#bank


HNS Banco credit rating outlook upgraded to stable

HNS Banco is a joint venture between Chilean businessman Jacob Ergas and US financial services firm GE Capital and focuses…

#bank#financial services#leasing


Banco Security ups profits 38% in 2005

Grupo Security owned Banco Security is active in factoring, insurance, stock brokering and (more…)

#bank#commercial lending#insurance


Feller Rate affirms Coface Chile credit rating

 In Chile, Coface competes with Mapfre Garantías y Créditos, a unit of Spain's Mapfre, and Continental (more…)


Desarrollo aims to boost profits 20% in 2006

Chilean bank Banco del Desarrollo expects to see a 20% profit increase in 2006, local daily La Tercera quoted bank…

#bank#banks#Boost


BCI selects NetIMEX for end-to-end trade finance automation

Surecomp, a leading provider of trade finance, factoring, cash letter and reconciliation solutions for the banking and financial market, has…

#awards#bank#management


Bci chooses Surecomp trade finance solution

Chile's fourth-largest bank and one of the leading banks in the trade finance segment, Bci, has selected Canadian trade finance…

#bank#banks#software


Achef sees factoring growing 20-25% annually

The Chilean factoring industry expects business volume to grow 20-25% annually for at least the next two years due to…

#exports#factoring industry#international


Calls for regulating Chile’s factoring industry

Anfac, the trade association for the Chilean factoring industry has stressed that for the factoring industry to be perceived in…

#bank#capital requirements#interest rates


Chile's credit insurance market set to soar over...

According to the CEO of Coface Chile, Louis des Cars, Chile's credit insurer market is set to grow by... (more…)

#export credit insurance#insurance#trade


Members of Chilean Factoring Association report rise in business...

Associates of Anfac, the Chilean Factoring Association have seen business volume increase by... (more…)

#bank#smes#trade

Andres Ergas of Heller Net Sud presents the latest...

Andres Ergas, Chairman & CEO, Heller Net Sud  Market Performance and Supply As in the rest of the economy, the…

#bank#banks#factoring industry

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