Mexico

Global building materials company, CEMEX, has announced that it has successfully rolled-over its securitisation of accounts receivables programme in Mexico.

Ricardo Elias, Head of Factoring, HSMC Mexico, provides an overview of the Mexican factoring market, covering industry environment, market performance, supply and future trends, for the World Factoring Yearbook 2011.

Software provider CodiX has signed an agreement to provide their iMX commercial, corporate and trade finance solution to Bancomext.

The Association of Entrepreneurs and SMEs in the Mexican town of Guadalajara has signed a collaboration agreement with Caja de Guadalajara Cajasol Group

Under its new credit offer for SMEs National Financiera will pay up to 50 per cent of the contract value...

Factorscan talks to Ricardo Elias, HSBC, about some of the issues and challenges facing the factoring market in Mexico in 2011.

Ministry of Finance of Mexico is planning to provide an additional USD 70 million to support 70 000 SMEs.

Rating agency Standard and Poors (S P) has downgraded its rating of Mexican factoring firm Factoring Corporativo S.A de C.V. to

IFC, a member of the World Bank Group, has signed an agreement to support FinTerra in its efforts to develop advanced credit risk management

PrimeRevenue and Bancomext, Mexico s National Bank of Foreign Trade, have agreed upon a partnership to extend Supply Chain Finance (SCF) services to