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Chile's banking regulator SBIF has announced its rejection of a banking licence request from Banco Progreso. Progreso plans to offer factoring, leasing, property leasing and consumer credit products from offices in Santiago and from branches in regions V and VIII....
King Juan Carlos of Spain championed small businesses during his official visit to Chile. In a meeting in Santiago between…
Chile's factoring industry posted total profits of around 11bn pesos (almost US$20m) in 2003 with income set to increase this…
#exports#factoring industry#international
Chile's factoring industry expects to post total profits of around 11bn pesos (US$18.1m) in 2003, with income forecast to jump…
Niche bank Banco HNS has increased its capital base 24.3% to 13.4bn pesos (US$21.3m) following a capital injection of 2.63bn…
#3M#bank#smes
The Chamber of Deputies has approved a bill granting invoices executive status, which forces payment without the need for long…
#guarantees#invoice#receivables
Chile's Banchile Factoring Internacional, part of the Banco de Chile group, expects to hold a loan portfolio of 80bn pesos…
#bank#smes
Chilean tax regulators will conclude a pilot electronic invoicing project on Tuesday, 2 September and will open up the service…
#digital#electronic invoicing#small businesses
Chile's factoring industry posted profits of 5.21bn pesos (US$7.45m) in the first half this year, up 27% compared to the…
#banks#factoring industry#smes
Chile's Banco del Desarrollo saw first half net profits drop 5.85% year on year to 3.4bn pesos (US$4.9m), mainly due…
The Chilean subsidiary of France-based trade insurance provider Coface accounted for 45.7% of the local export credit insurance market as…
Chile's BankBoston, a wholly owned branch of US-based financial group FleetBoston, will turn its focus to the small- and medium-sized…
According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…
#bank#Boost#insurance