The Inter-American Investment Corporation ( IIC ) has approved a loan of up to US$15m to the Peruvian banking unit of Spain's Santander, IIC announced.
During a recent meeting of the FCI Executive Committee Secretariat in Amsterdam, Banco Internacional del Peru, Peru was admitted as FCI's second member in Peru.
Lima-headquartered Banco Interamericano de Finanzas become the first bank in Peru to give corporate customers the ability to initiate and monitor trade finance transactions via the Internet.
Peru's BN expects to issue loans to SMEs and microenterprises currently not served by private banks and also enter the factoring segment. The bank plans to start its commercial loans operations in
Peru enjoyed a favourable trade balance during 2002. Exports amounted to US$7.68bn, and imports were US$7.42bn. Exports in the first half of 2003 were US$4.12bn; imports were US$4.11bn.
Surecomp, a leading provider of trade finance, cash letters, factoring and reconciliation solutions for the financial services industry announced today that Peruvian-based BIF
