Santiago-based HNS Banco has gone live with Surecomp’s trade finance solution. The licensing of the Surecomp trade finance solution in April 2005 formed part of the natural expansion of HNS’s product and services portfolio, which already included current accounts, investment options, international factoring and leasing. With the implementation of the Surecomp solution, HNS Banco now offers letters of credits, collections and trade finance loans to its customers. The implementation at HNS Banco was spear-headed by Surecomp’s local Santiago-based support team. Established in 1991, Santiago-based HNS Banco is one of Chile’s boutique banks dedicated to the small and medium enterprise market.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.