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Peru

Bladex to focus on direct services for medium-sized businesses

A new Peruvian office of Latin American foreign trade bank, Bladex, will focus on directly serving firms with annual revenues between US$20 million and US$150 million, BNamericas reported. (more…)

#bank#banks#insurance

The Peruvian Factoring Industry

Pedro Ayin, Global Trade and Products Manager, Interbank, provides an overview of the Greek factoring market, covering industry environment, market…


Factoring industry grows backed by the new Law

Factoring reaches 0.8 per cent share of total funding provided by Peruvian financial institutions (more…)


Peruvian government to allocate EUR 1.5m for business start-ups

The Minister of Production confirmed the dates of Factoring Act coming into force as he has launched the Guarantee Program…

#factoring act#financial institutions#funding


Correction

Correction to Factoring act to take effect in June, 20 April 2011 (more…)


Finally factoring becomes official in Peru

President Alan Garcia signed the new law on receivables financing (more…)


Amerika Financiera SA to merge with its factoring subsidiary

Amerika Financiera SA merges with America Factoring Finance SA (more…)

#insurance


Government issues new law on Factoring

New legislation, which allows Peruvian micro and small enterprises to factor their invoices, was passed by the government. (more…)

#banks#Factoring bill#liquidity


Congress approves Factoring bill

Another step towards the introduction of a legal framework for receivables was taken by Peruvian legislators... (more…)

#conference#economy#Factoring bill


Proposed law could double factoring volume

In June, Peru began development of the country s first factoring bill. Factorscan speaks to Francisco Paz, Business Services, Banco…

#bank#confirming#invoice


Minister of Production lobby's for quick passing of factoring...

The Minister of Production, Jorge Villasante, promised last week that he will ask Congress to prioritize the passage of the…


Factoring is on the rise in Peru

Peruvian Association of Banks (Asbanc) has reported a significant growth of factoring turnover since 2009... (more…)

#banks#factoring law#Paid

Association of Banks of Peru supports new factoring law...

Last week Enrique Stream, general manager of the Association of Banks of Peru (Asbanc) expressed his support of the introduction…

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