Chile

Chilean Association of Factoring Companies reports a 36 per cent market growth in 2010.

CEO of Coface Chile, Louis des Cars predicts stabilisation and further recovery of credit insurance industry.

Banco Santander Spain, one of the leading factoring providers in Chile announced the it would sell 1.9% of its stake in its country s subsidiary.

Factorline, the Chilean receivables finance specialist, and Finance SA, Tanner holding company...

Factoring Security S.A, the factoring subsidiary of Grupo Security, has been awarded a National Award for Quality and Excellence for its work in the financial year 2009. Awarded by

Chile s Production Development Corporation (CORFO) has announced it is to redirect three of its funding lines for larger firms towards small and

An article that appeared on Factorscan last week incorrectly stated that Francisco Jose Ojeda Yani had been appointed General Manager of Factorline. Francisco Jose Ojeda has in fact replaced Ronald Luer Barbieri as General Manager of Factorline subsidiary, Factorline Corredores de la Bolsa de Productos S.A., also based in Chile. There has been no change in the senior management of the Factorline.

Julio Nielsen, International Manager at Factorline in Chile, talks to Factorscan about its recent ratings rise, the factor s continuing success despite the downturn and the impact of Chile s earthquake upon its operations.

Factoring volumes in Chile declined significantly in the wake of last month s 8.8 magnitude earthquake, Chairman of Chilean factoring association ACHEF

Chilean ratings agency Humphreys has raised ratings on the country's largest factoring company Factorline's commercial papers to