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 which should apply for financing services to 17 financing institutions that are part of the Fogape (Fondo

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 currency ratings, long-term 'A-' (A minus), short-term 'F2' local currency ratings, individual 'C' and Support '2

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 it a provisional license to create a bank aimed exclusively at small and medium sized businesses.

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 unit.

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 investment and trade volumes have remained low in Chile in recent months.