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Chile

Caja Madrid Rumoured to Seek Stake in Banco de...

According to media speculation reported by Zephus, Spain’s Caja Madrid SA may be taking a minority stake of 10% in the Chilean Bank Banco de Chile Edwards. The rumour surfaced last week. Both companies have factoring interests in their respective...

#bank#banks#BBVA

BancoEstado Guarantees US$110m for Small Businesses Credit

BancoEstado is extending US$110mil in warranties for loans for operations and investment projects for micro, small and medium sized companies…

#BBVA#financial institutions#guarantees


Banco de A Edwards' Ratings Affirmed By Fitch

Fitch, the international rating agency, has affirmed Banco de A Edwards’ ratings at long-term 'A-' (A minus), Short-term 'F2' foreign…


Economic Development Agency to Offer New Credit Lines via...

Corfo (Corporacion de Fomento de la Produccion – the Chilean economic development agency) will offer a new credit and loans…


Joint Venture of Banco de Chile and BCI to...

Artikos Chile, a company formed with a US$9mil investment by Banco de Chile and BCI (Banco Credito e Inversiones), is…

#electronic factoring#investment#Produce


Government Lifeline for Struggling Small Business Community

The Chilean government has launched an initiative designed to help small businesses refinance their debts and rekindle investment. A US$2bn…


HNS Wins Provisional Licence to Create Exclusive SME Bank

Heller Net Sud, the Japanese-Chilean firm specialising in factoring and leasing, has announced that Chile’s bank regulator on Wednesday granted…


New Player Enters Chilean Market

As part of a large expansion programme, Chile’s Banco de A. Edwards announced yesterday that it had opened a factoring…

Government Reforms Fail to Inspire Confidence

In spite of the introduction of laws this year to protect minority investors and to eliminate capital controls, levels of…

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