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The factoring operations of Chilean banks have seen “explosive” growth in the first half of 2004. The factoring volumes for banks reporting to Chile's financial system regulator Sbif jumped 186 per cent to 155bn pesos in the first six months...
Grupo Security, the financial services conglomerate and owner of Factoring Security, the third largest factor by market share in Chile,…
#bank#bonds#financial services
Chile's first quarter credit insurance sales reached 928.5m pesos (US$1.4m), an 18.2% increase over the 785.6m pesos posted in the…
#insurance#management#receivables
The Chilean unit of French commercial insurer Coface expects profits to grow 30 per cent this year, company executive Louis…
#bank#conference#management
The four factoring companies registered with the Chilean stock and exchange commission (SVS) yesterday posted a combined profit of Pesos…
Chile's state business development agency Corfo has reported that it issued more than 50bn pesos (US$80m) in loans last year…
#investment#smes#Vice president
Financial services conglomerate Grupo Security expects to complete the merger between its bank Banco Security and the Chilean subsidiary of…
#acquisition#bank#financial services
The Chilean subsidiary of French credit insurance giant Coface and Chile's Association of Manufacturers and Service Exporters (Asexma) have announced…
According to Estrategia, Chile's financial daily, Banco del Desarrollo is looking to up its loan portfolio 10% this year backed…
#acquisition#bank
Chile's Banco del Desarrollo announced that it has purchased a 70% stake in factoring company Bandesarrollo Factoring for an undisclosed…
Chilean bank Banco del Desarrollo is planning to up its total loan portfolio 7% this year. The bank will see…
#bank#commercial lending#Credit Agricole
Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…
#bank#factoring industry#factoring regulation
Banco de Chile has posted net income of 130bn pesos (US$220m) for last year, up 146% compared to 2002 on…
#bank