Recaudaciones y Cobranzas acquires debt collection operation Recuperadora de Créditos.
The combination of economic recovery and the reduction of the Selic interest rate helps companies avoid bankruptcy.
BBVA Research sees rising GDP despite quakes; Mining boosts Chile's August activity
Mexico City hosted various meetings Wednesday between Mexico's key leadership as well as a representative from the World Bank to advance quake recovery efforts. Fitch moved its outlook on Mexico's banks to stable from negative.
Rio Grande do Sul state government will keep a controlling stake in the bank, but will sell an undisclosed number of shares.
Chile's central bank cast a neutral outlook. Construction in Mexico fell sharply in July. Paraguay CPI up on beef, wheat shortages.
The call comes after it emerged last week that nearly US$80,000 was embezzled in May from a branch of Banco Unión