Last year will not be remembered as a particularly profitable one by Colombia's lenders, but a strengthening economy is a reason for optimism.
Fibria and Suzano are leading paper and pulp producers in Brazil, which is a global heavyweight in the industry.
The economy minister is saying Mexico will offer a counter proposal on the contentious rules-of-origin issue in the seventh round of Nafta talks next week, but a key industry leader disagrees.
However, the mid-sized Brazilian bank saw its loan portfolio contract.
Further economic expansion is expected for this year.
The company has chosen to monetize its subsidiary Desarrollos Hidráulicos de Cancún, a water and sewage utility serving four municipalities in the Mexican state of Quintana Roo.