Peru

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.

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

Last week Enrique Stream, general manager of the Association of Banks of Peru (Asbanc) expressed his support of the introduction of factoring law in Peru.

 

The Executive Branch issued extraordinary measures to promote financing for micro and small enterprises (MSEs) so that they can access factoring operations when the deadline for payment of invoices exceeds 30 days.

Gonzalo Alvarez Calderón, Managing Director International Banking at BCP in Peru, provides Factorscan with an overview of the factoring market in Peru, covering industry environment, market performance, supply and future trends.

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

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

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

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

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