Banking: The week in 10 stories


Brazil's GDP expanded 1% in 2017 to 6.6tn reais (US$2.03tn) after contracting 3.5% in 2016 and the same amount in 2015, according to statistics office IBGE.

The volume of loans in the financial system contracted in January despite the country's economic improvement, as companies showed no demand for new loans.

The supreme court approved an agreement signed between banks and their clients, ending a lengthy legal dispute regarding monetary correction of savings accounts, applied during the government's economic stabilization plans in the 1980s and 1990s.


To great applause from the public and private sectors, legislation establishing a much-needed regulatory framework for Mexico's burgeoning fintech industry was passed by 264-61 votes Thursday in the lower house of congress, establishing much-needed rules governing tech firms working with disruptive technologies, including cryptocurrencies, crowdfunding and peer-to-peer financial tools..


Argentina's central bank held the country's key interest rate steady at 27.25% amid signs of rising inflation and following a weakening of the peso.


The CEO of Chilean lender Itaú CorpBanca said its Colombian unit may climb out of the red in 2018 after having posted losses in the country over the past few years.


Chile's banking sector continued to fatten its bottom line in January.

Changes to Chile's pension system proposed by the outgoing government of President Michelle Bachelet would "go in the right direction," the OECD said.


Closing a two-day conference of Caribbean governors and representatives from the Inter-American Development Bank (IDB), regional leaders called for a coordinated approach towards the digital transformation of local economies.


Presidential elections in Venezuela have been postponed by a month to May after a group of opposition parties struck a deal with the government, according to the national election council (CNE).


We found 9978 results for Banks in North Americabrowse through our full index

  • Colombia Digital Banking Watch

    The cell phone gateway A study examining Colombians first introduction to the formal market of financial obligations found that contracting a mobile phone plan (35.4%) was the most common way, followed by retail sector credit (31%)...

  • Banco Pichincha S.A.

    Banco Pichincha S.A., formerly Banco Financiero del Perú, is a Lima-based Peruvian bank operating in the segments of personal finance, as well as offering services for small and big companies. Banco Pichincha offers savings, checking...

  • Banco Cetelem Argentina S.A.

    Banco Cetelem Argentina is a listed private Argentine financial institution engaged in the banking sector. It offers products and services in the areas of car financing, personal loans, and financing for installing natural gas lines...

  • Brazil's XP could obtain loan from IFC

    Brazilian financial services company XP Investimentos is negotiating a loan worth US$85mn from the International Finance Corporation. The company plans to use the proceeds to finance its expansion plans, according to the local O...