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Mexico's largest bank BBVA Bancomer expects to lend 12bn pesos (US$1.1bn) to about 47,000 SMEs this year. The funds form part of the bank's SMEs programme, which includes (more…)
Company executives said Mexico and Brazil wil,l in the medium term, become the largest credit insurance markets in Latin America…
#3M#Atradius#insurance
New regulations published in Mexico's federal register on yesterday will make it easier for investors to open factoring, leasing (more…)
#financial services#investment#leasing
Market Performance and Supply The number of Mexican companies seeking funding through factoring continues to rise in proportion to the…
#accounts payable#bank#international
Mexican private investment firm Geotel plans to enter the small business lending market through the acquisition of (more…)
#acquisition#bank#financial services
Mexican bank Banco Regional de Monterrey (Banregio) has received authorisation to set up a financial group (more…)
#bank#leasing
Mexico's fourth-largest banking group HSBC Mexico has signed an agreement with the economy ministry to provide 987m pesos (US$92.3m) in…
Mexican development bank Nacional Financiera (Nafinsa) will expand its factoring operations to Mexican firms exporting to (more…)
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will lend US$50m to Mexico's fourth-largest…
#bank#banking services#financial services
Mexico's leading credit insurers Atradius and Euler Hermes anticipate the market growing 30-50% this year and next (more…)
#Atradius#bank#exports
The Mexican unit of British bank HSBC announced it had joined a small business credit scoring alliance with government home…
#bank#banks#interest rates
Mexico's credit insurance market could expand by up to 25% this year as an increasing number of companies look to…
Mexico's largest credit insurer Atradius Mйxico said its profits fell 22% in 2004 because of higher reserve provisions. Profits of…