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Chile

Coface unit sees premium growth slowing in 2005

The Chilean subsidiary of French insurer Coface has seen premium growth slowing down this year to (more…)

Surecomp relocates Latin American development centre

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the wholesale banking industry, announced today the relocation…


US$5 million to support factoring services to small and...

The International Finance Corporation, the private sector arm of the World Bank Group, will provide US$5 million to Factorline S.A.…

#bank#international#management


Mapfre credit insurance may see profits soar by 55%...

Chilean credit insurance company, Mapfre Garantías y Créditos, is on track to increase its profits by 55 per cent to…


Falabella eyes new niches, including factoring, around core business

Chilean retail bank Banco Falabella remains cautious over offering new products, but is reviewing a possible entry into (more…)


BCH consolidates small business and retail units

Chile's second-largest bank Banco de Chile recently merged its small business banking units and (more…)

#bank#leasing#management


Credit insurance to grow 15-17% in 2005

Chile's credit insurance market should grow in premiums by 15-17% this year compared to 2004 (more…)

#Atradius#insurance#international


Growth in factoring reported as 182 per cent yearly

Within the competitive climate of the modern banking system, factoring has been growing at a staggering rate of 182 per…

#bank


Three banks control 95% of micro credit industry

Three Chilean banks - BancoEstado, Banco del Desarrollo and Santander Santiago dominate the local micro credit industry with some 95%…

#bank#banks#risk


HNS opts for BanComex Trade Finance solution

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, today announced that…

#bank#international#international factoring


Grupo Security seeks 20% profit growth on factoring investment

Chilean financial services group Grupo Security looks to up profits 20% this year on the back of a 5bn peso…

#Boost#financial services#insurance


Coface looks to boost market share despite lower ROE

The Chilean subsidiary of French credit insurer Coface aims to boost its market share this year though it does not…

Fogape awards US$82m in loan guarantees to bank and...

The Chilean loan guarantee fund for SMEs, Fogape, held its second auction of 2005, awarding 48.2bn pesos (US$81.7m) in loan…

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