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 6215 results for Banks in Banking, you might also be interested in: Airport in Banking, or browse through our full index

  • Colombia GDP growth forecast trimmed

    British research firm Oxford Economics has cut its 2018 GDP growth forecast for Colombia to 2.6% from 2.7%. The announcement comes after Colombia's statistics agency Dane published preliminary Q3 figures that show GDP expanded, in...

  • Colombia revises down GDP forecast

    Colombia's central bank has revised down its short-term economic forecast after new figures showed slower than expected GDP growth in the third quarter. The economy expanded 2.7% year-on-year from July to September, up from 1.7%...

  • Korea Development Bank

    The Korea Development Bank (KDB) is a state-owned institution established in 1954 under the Korea Development Bank Act to help promote local industries and enhance the national economy. It is engaged in corporate financing and...

  • Asset Chile S.A.

    Chilean investment bank Asset Chile provides specialist corporate finance advice in diverse fields such as mergers, acquisitions, strategic alliances, divestments, flotations and capital markets. The firm has completed transactions in ...

  • Macro Watch: Honduras, Guatemala, Mexico

    Financial sector boosts Honduras economy Economic activity in Honduras in September expanded with a strong showing in the financial sector, with the central bank's activity indicator (IMAE) registering 4.0% year-on-year growth,...