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 792 results for Banks in Peru, you might also be interested in: Trains in Peru, or browse through our full index

  • Peru mortgage lending accelerates in 2018

    Mortgage lending in Peru continued on an upward trajectory last year, the country's association of commercial banks Asbanc said. Asbanc's 16 member institutions awarded 36,253 home loans, up from 30,466 in 2017 and 28,088 in 2016. ...

  • Peru bankers see strong loan growth in 2019

    Peru's 16 private sector banks expect their lending to grow around 9-10% this year. Their loans expanded 8.8% in 2018 to 270.622bn soles (US$81.291bn) at constant exchange rates, said private banks association Asbanc. Last year's...

  • Latin Pacific Capital S.A.

    Latin Pacific Capital is a Peruvian investment bank focused on Latin America. The bank's activities include mergers and acquisitions, privatizations, concessions, and other investment banking services. Latin Pacific Capital...