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Peru

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 bill submitted by the Government earlier this autumn. (more…)

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…


600,000 small businesses will get better excess to factoring

The Executive Branch issued extraordinary measures to promote financing for micro and small enterprises (MSEs) so that they can access…

#interest rates#invoice#payment terms


Factoring in Peru – World Factoring Yearbook

Gonzalo Alvarez Calderón, Managing Director International Banking at BCP in Peru, provides Factorscan with an overview of the factoring market…

#bank#international#management


IIC to support SME working capital needs with loan...

The Inter-American Investment Corporation (IIC) has agreed to lend up to $40 million to Peruvian BBVA Banco Continental to (more…)


IIC extends loan to BBVA Continental to support SME...

The Inter-American Investment Corporation (IIC) has signed a loan agreement of (more…)


Banco de Credito issues bullet bond

Banco de Crédito del Peru (BCP) last week placed a five-year bullet bond of US $107 million in the (more…)


COFIDE launches 'Peru Factoring' programme

Some 3,000 large companies involved in trading with micro, small and medium enterprises will join the programme Peru Factoring launched…


Govt fund to support SMEs

The Foreign Commerce Secretary of Peru has announced that the Peruvian Government will increase the amount of credits guaranteed to…


IIC to lend Santander unit US$15m

The Inter-American Investment Corporation ( IIC ) has approved a loan of up to US$15m to the Peruvian banking unit…

#Banco Santander#investment


FCI announces new member in Peru

During a recent meeting of the FCI Executive Committee Secretariat in Amsterdam, Banco Internacional del Peru, Peru was admitted as…

#Executive Committee#exporters#international

Peruvian-based BIF leads the market

Lima-headquartered Banco Interamericano de Finanzas become the first bank in Peru to give corporate customers the ability to initiate and…

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