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Chile's banking system had profits totaling 492bn pesos (US$594mn) for November, up 7.03% compared to the previous month, banking regulator SBIF said in a statement. However, November's profits were down 10.3% compared to the same month last year. Factoring had...
Chilean development bank Banco del Desarrollo aims to grow lending 8-10% next year, compared to this year's forecast 3.6% growth,…
#bank#commercial lending#Credit Agricole
Chilean banker Odde Rishmague, who is engaged in factoring, financial advisory, and real estate in his home country, is planning…
#acquisition#bank#banks
Factoring companies have increased their business by 8.2% from January to September to Pesos$1,228,287 million (US$1,820 million), according to estimates…
Chilean financial group Inverlink plans to file for a banking license before year-end with a view to opening a bank…
Greater competition and financing problems herald significant changes for Chile's factoring industry, local financial daily El Diario reported. The reduction…
The Chilean government's industry development agency Corfo has granted a US$1mn loan to local factoring company Profactoring to help the…
Chilean banks have used just 7% of a US$500million government-sponsored loan guarantee for small- and medium-sized enterprises (SMEs) debt restructuring…
#banks#economy#guarantee
Four Chilean banks are contemplating the possibility of adding factoring to their financial product line-up, local financial daily Estrategia reported.…
Banco Santander Chile and Banco Santiago merged last Thursday. The merged bank has been named Banco Santander-Chile. Banco Santiago is…
#Banco Santander#bank#financial institution
Fitch, the international rating agency, has affirmed Banco Santiago's (Santiago) foreign currency short-term 'F2', long-term 'A-' (Outlook Stable), local currency…
#bank#international#management
Rumours have been reported on the business information service Zephus.com that Banco Santander Central Hispano SA is to buy Banco…
#acquisition#Banco Santander#interest
Fitch Ratings, the international rating agency, has assigned 'A-' long-term foreign currency (Rating Outlook Stable), 'F2' short-term foreign currency and…
#bank#banking services#banks