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Chile

Grupo Security’s results reveal growth in factoring unit

Chilean financial services group Grupo Security boosted profits of 44.1 per cent in January-September to pesos 15.6bn (US$29m), compared to... (more…)

Private banks receive US$62m for SME loan guarantee fund

Chile's state-sponsored loan guarantee fund Fogape, distributed pesos 33.9bn (US$62.4m) in small business loan guarantees among... (more…)


Fitch affirms A+ rating on Coface unit

Fitch Ratings has affirmed its A+ rating on the Chilean P&C unit of French insurer Coface with a stable outlook,…

#insurance


Chile’s largest international factoring company assigned ratings by Humphreys

Chilean ratings agency Humphreys has assigned a BBB+ rating to Chile's largest... (more…)


BankBoston sees commercial lending growing by 40 per cent...

The Chilean unit of US-based Bank of America (BofA) (NYSE: BAC), BankBoston, aims to grow commercial lending by 40 per…


BankBoston to enter factoring

BankBoston Chile will enter the local factoring market on 15 October with the aim of capturing a 5% share by…


International factoring operations to grow 60% in 2005

Chile's factoring industry will expand international operations by more than 60% in 2005 due to (more…)

#bank#exporters#international


Credit insurers see premiums up 20% in 2006

Chilean credit insurers are witnessing a growth in premiums of up to 20% in 2006 due to (more…)

#Atradius#insurance#international


Achef predicts a 30% rise in factoring by end...

The Chilean factoring industry expects to see business volume increase by... (more…)


Banco HNS plans 37% increase in 2005 lending

Chilean bank Banco HNS is aiming to increase its lending by 37 per cent this year, HNS chairman Carlos Cáceres…


Santander Santiago seeks 25% factoring market share

Chile's largest bank, Banco Santander Santiago, expects to increase its share of the factoring market to 25% from (more…)

#Banco Santander#bank#factoring industry


Grupo Security's factoring profits up 53 per cent in...

Chilean financial services group Grupo Security boosted profits...... (more…)

#bank#financial services#insurance

Factoring operations expand by 117% year-on-year

As of 30 June 2005, total loans, net of interbank loans, for the Chilean banking sector grew by (more…)

#leasing#risk#trade

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