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Mexico's credit insurance market could expand by up to 25% this year as an increasing number of companies look to insure their accounts receivable, Atradius Mexico CEO Karel van Laack told. “We saw growth of about 25% last year and...
Mexico's largest credit insurer Atradius Mйxico said its profits fell 22% in 2004 because of higher reserve provisions. Profits of…
Mexico's fourth largest bank HSBC Mexico has signed a small business financing agreement with the economy ministry and development fund…
The National Foreign Trade Bank (Bancomext) has reported that this year it will channel US$5.8 billion to finances businesses, especially…
Mexican development bank, Nacional Financiera (Nafin) and the American export and import bank Ex-Im Bank signed an agreement to grant…
Between January and September this year, the earnings of the 15 factoring companies in Mexico reached 137.3 million pesos (US$12.3m),…
#3M#factoring industry
The Latin American Association of Development Finance Institutions (ALIDE) is planning to join forces with other organisations in order to…
#bank#banks#Jobs
During the first half of the year, financing offered by Limited Purpose Financial Companies (Sofoles), or non-bank banks, increased by…
#bank#banks#insolvency
Mexico's largest financial group BBVA Bancomer at a Wednesday press conference unveiled a program to issue 6bn pesos (US$526m) in…
Mexico's thir- largest bank Santander Serfin has set aside 1bn pesos (US$86.8m) for loans to small- and medium-sized enterprises (SMEs)…
The official unveiling of Mexico's newest bank, Banco Ve por Mas, on 11 October was welcome news indeed for a…
Mexico's largest development bank Nacional Financiero (Nafin) reported first half net income of 113m pesos (US$9.9m), compared to losses of…
#bank#banks#business finance