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Chile

On impact of new Electronic Bill on factoring industry...

As you can see from the title, the E-bill would regulate the electronic payments; however, at the moment most of the invoices issued in Chile are on paper... (more…)

#e-invoices#electronic invoice#factoring industry

Banco Internacional to expand factoring

Banco Internacional plans to facilitate the development of factoring, leasing and real estate financing for the SME sector. (more…)


Electronic invoicing network receives USD1.5 million in investment

Gosocket announced it received USD1.5 million in private investment. (more…)


Creditors facing USD150m loss due to collapse of distribution...

Distribuidora Rabie filed for bankruptcy, leaving USD150million of unpaid loans. (more…)

#Banco Santander#bank#bankruptcy


ANFAC board sees changes at the top after latest...

The board of the National Association of Factoring AG (ANFAC) - Chile's factoring association -  has unanimously agreed to renew…

#financial services#training#Two


Pesca Chile subsidiaries to be sold

Bankrupt Pesca Chile's subsidiaries are waiting for a buyer. (more…)

#bank#bankruptcy#banks


Factoring and leasing associations educate regional markets

Achef and Achel have held an Entrepreneurship in Innovation event in Mostazal. (more…)


Eluchans steps down as Bank Security CEO to develop...

Ramon Eluchans would start in new leadership role within the Bank Security, including governing of a Factoring Bank. (more…)


Proposed legislation to boost invoice financing sector

Chilean Congress discussed new regulatory initiatives on mandatory use of e-invoicing and deferred tax credit of VAT. (more…)


Non-bank factoring grew over 37pc in 2012

In the past year non-bank factoring institutions posted a growth in an excess of 37pc, while banks factoring volume fell…


Electronic factoring taps into Chilean market

Electronic factoring is projected to grow about 20pc this year in Chile. (more…)

#assignment#electronic factoring#electronic invoicing


Owner of factoring company to buy football club

An owner of Factorone SA has become a highest bidder of the purchase of Chilean first division football club. (more…)

#management

IFC to invest in Latin American expansion of Chile’s...

The International Finance Corporation and two funds managed by IFC Asset Management Company are to purchase approximately five per cent…

#bank#emerging markets#financial services

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