Bank of China México cleared to begin operations
Bank regulator CNBV has given regulatory authorization for the subsidiary to open shop in Mexico, clearing the way for it to become the second Chinese bank to operate in the country after ICBC.
Bank regulator CNBV has given regulatory authorization for the subsidiary to open shop in Mexico, clearing the way for it to become the second Chinese bank to operate in the country after ICBC.
The country's statistics agency released April economic activity data and reports external debt figures for Q1.
The country's monetary council aims for 3.75%, which is lower than prior years and points to challenges for the central bank.
BBVA, Banco Falabella and Banco de Bogotá have already implemented the technology.
CNV introduces changes impacting frequent issuers, project developers and mutual funds.
Both institutions partner up to evaluate and lend to sustainable initiatives across several sectors of the economic.
A decision by the US supreme court on the taxation of e-commerce could give momentum to a trend that is already being seen in Latin America.
Seven Costa Rican financial institutions have acted on alleged money laundering at the local operations of Venezuelan firm Alunasa; President Carlos Alvarado is holding on to planned fiscal reforms despite a public workers strike to protest the initiative and other cost-cutting measures.
The government appointed Santiago Bausili as finance undersecretary, while treasury minister Nicolás Dujovne shared his view on how the economy will perform this year.
The Monterrey-based fund has recently invested in Media, e-finance and cloud computing companies, among others.