Chile

Chilean ratings agencies Feller Rate and Fitch have affirmed their respective ratings on local factoring company Eurocapital

The rating is based on the recent upgrade of Coface Chile's parent company to

The International Factors Group (IFG) says Chile is ripe for a revolution in international factoring. The factor exchange body, announcing that the country's First Factors

Chilean ratings agency Humphreys has upgraded its rating on the commercial paper issued by factoring firm Factorline from BBB+ to

Chile's third largest bank, state-owned BancoEstado, has achieved its goal of grabbing a 4 per cent market share in the local factoring business

The Chilean subsidiary of French credit insurer Coface grew written premiums 38.4% from January-September this year to

Chilean financial group Grupo Security saw Q3 2006 profits rise 16% compared to the same period 2005, according to the group's latest earnings release. The group's factoring unit grew profits

Last December, EuroAmérica bought the life insurance portfolio of the local subsidiary of Dutch banking group ABN Amro for an undisclosed sum

Chile's securities and insurance regulator SVS has approved a capital increase by the local subsidiary of French credit insurer Coface, according to the country's official gazette

The members of Chile's bank factoring association Achef will seek to double their clients to 20,000 by year-end 2007 to maintain current profitability levels, according to Achef president Alan Lolic