The Mexican financial group saw income rise in all of its main businesses during the third quarter.
However, the IPCA-15 is still well above the central bank's 2016 target range of 4.5% to 6.5%.
Itaú is thought to be the frontrunner for Banco Patagonia, which, with market cap of US$2bn, is 59% controlled by Brazil's Banco do Brasil. Local banks and Chinese banks are also competing for the institution.
In addition to an overall reduction in total loans issued by Peru's banks in September, the growth in dollar-denominated loans to corporations and large firms has helped drive a decrease in growth of sol-based credit.
3,000 business meetings were held at the China-LAC Business Summit
Since the appointment President Michel Temer in September, federal government officials have been visiting a number of countries to woo investors about Brazil's upcoming infrastructure concessions.
Ride-sharing service Uber formed a partnership with Bankaool, Mexico's first fully digital bank, to issue its first debit card in Latin America.
The lower house budget committee went late into the night Wednesday debating changes to the executive branch's revenue plan, projecting a weaker currency and higher oil production - effectively adding billions of pesos to federal income in 2017.
BTG Pactual will likely have a weaker result, but the sale of its commodities unit could have put it near an inflection point.