The Canadian bank is scaling in Mexico, Peru, Colombia and Chile by targeting its unbanked and young populations with digital branches and solutions developed in partnerships with fintechs.
Claro reported a net loss of some 3.5mn lines, likely related to the disconnection of a large number of inactive prepaid lines in one fell swoop.
To face the economic slowdown and higher non-performing loans, Latin American banks have boosted provisions and increased their capitalization, says regional banking federation Felaban.
One of the largest infrastructure projects in Honduras, the future airport is expected to start operations in January 2019.
An iron ore price rally ground to a halt last week and the commodity has so far held on to most of its gains. BNamericas digs deeper.
The administration of President Michel Temer will now have to negotiate with an opposition legislator to pass key legislation.
Accumulated snow levels in the Neuquén basin are below 50% of what they normally are, provincial government says.
Most new oil and gas production in Argentina is coming from tight and shale formations, a trend that will continue over the coming years. BNamericas takes a look at five unconventional projects where investment and output are set to ramp up.
The US$3.5bn Buenavista del Cobre expansion cemented Mexico as Southern's main production base, and future projects in the country have the potential to lift copper output by more than 300,000t/y.
Various investment programs and the increasingly warm welcome given to the private sector through th...
Amid plummeting natural gas revenues, the government of President Evo Morales seeks an Atlantic-Pacific export corridor for the landlocked nation.
Amid plummeting natural gas revenues, the government of President Evo Morales seeks an Atlantic-Pacific export corridor.
Following a decade of strong economic growth during which Latin American banks rapidly expanded lend...
Brazilian lawyer Paulo Valois, an oil and gas industry specialist, gives BNamericas his view on the main hurdles the country's federal and state governments will need to clear on the path to opening up the nation's natural gas market.
Fidel Castro transformed the island from a US playground riddled with poverty and vast inequality into a socialist state that had enviable health and educational standards, yet he failed to bring democracy to the country.
Peru's president is feeling the crunch as his political honeymoon is over.
Next year is expected to see the long-awaited rebalancing of the global oil market. Attempts by OPEC...