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  • Peru to hold new AFP tender

    Peru will next month hold a new tender for workers who will be joining the country's private pension system. Members of the private system contribute monthly to individual accounts at one of the system's four pension fund managers (...

  • ICT: The week in 10 stories

    PARAGUAY New ICT minister Alejandro Peralta says he aims to connect 5,000 schools to high speed internet before the end of the current five-year presidential term in 2023. Peralta was sworn in on Wednesday after President Mario...

  • BBVA Continental S.A.

    BBVA Banco Continental, the Peruvian unit of Spanish bank BBVA, is the country's second largest bank in terms of assets. Although principally focused on corporate lending and top consumer segments, the bank also operates as a ...

  • IDB Invest given Caja Huancayo nod

    IDB Invest will pump US$15mn into Peruvian municipal credit and savings cooperative Caja Huancayo over a period of 6-9 years, state news agency Andina reported. The multilateral will obtain a stake of up to 8.99% and Caja Huancayo...

  • Sound of the future

    Financial institutions are leveraging technology to slash costs and boost revenue - but also to improve the client experience as part of customer loyalty efforts. A major focus is AI. Banks in the region have already deployed bots...