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Peru

Piura develops first factoring workshop

The first Factoring Information Workshop, organised by the Ministry of Production, the management body for the economic development of the Municipality of Piura and... (more…)

#liquidity#management#smes

Government of Peru approved new measures to facilitate factoring

The government of Peru approved a new measure that streamlines the financing conditions for micro and small companies through the…

#banks#financial institution#invoice


Electronic invoice to boost factoring in Peru

In two years time, Peru hopes to be a country without physical bills. As well as in Brazil, Mexico and…

#Boost#electronic invoice#invoice


Factoring companies on the rise in Peru

The Production Ministry of Peru believes that 10 new factoring companies will open in the market thanks to a new…

#banks#interest#interest rates


Interest rates to be reduced by half for a...

In Peru, the Law for Strengthening Factoring will allow interest rates - set by banks for credit requested by micro,…

#banks#interest rates#Paid


Peruvian congress approves factoring bill

Legislature passes new proposals to address legal issues and foster competition (more…)

#bank#Bill#compliance


Peruvian government drafts new factoring competition regulations

Bill aimed at fostering investment for smaller, non-commercial bank financial providers (more…)

#bank#banks#Bill


A Peruvian success story

Diego Razzeto Product Manager at Banco de Credito BCP talked to Yvonne Wedel Andersen about the sector’s success (more…)

#alternative financing#bank#exporters


IFC invests USD50m to help expand access to finance...

The International Finance Corporation (IFC) has announced a US$50 million equity investment, which will help Lima-based BanBif double the number…

#Access to Finance#economy#financial services


Peruvian SMEs receive USD50m boost from IFC

The International Finance Corporation (IFC) has announced a US$50 million investment which will help Banco Interamericano de Finanzas (BanBif) double…


Investment fund for invoice discounting to increase capacity

Compass Group Peru expands SME Investment Fund to S/. 500 million (more…)

International factoring volume doubles

This year international factoring volume will reach US $265 million, BCP predicts. (more…)

#international#international factoring#International Trade

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