BNamericas Events: Andean & Central America Energy Congress (Colombia) | Energy Integration Congress (Chile)

User Login

Username:Password:

Remember my ID on this computer / Forgot your password?

Online Media Partner

Banking / Perspectives


 

Thursday, November 20, 2008   Contact Us | Advertising | Company Info | Jobs at BNamericas |    Select Language:Español

Cleviston Haynes

Bank supervision director


The Caribbean is often saddled with the reputation as an under-regulated offshore banking haven and on the face of it Barbados seems no exception with its more than 50 offshore banks outnumbering its six licensed commercial onshore banks by nearly 10 to one. In fact, IMF reports based on its Article IV consultations with the country have found financial system weaknesses in the high number of financial institutions and assets outside the scope of a single traditional banking regulatory body. H

more No permission

María Soledad Ovando

General manager
BancoEstado Microempresas

November 07, 2008

Chilean state bank BancoEstado is the country's largest player in the microcredit and microfinance market through subsidiary BancoEstado Microempresas. Earlier this year, the subsidiary surpassed its 300,000-client goal and BNamericas talked to general m... more No permission

Princess Máxima/María Otero

Advisors of UN Group on Inclusive Financial Sectors
United Nations

October 30, 2008

Despite progress in the area of financial inclusion in Latin America in the past few years, the vast majority of the region's population and micro and small enterprises still lack access to financial products and services. Banks in Latin America - the re... more No permission

Weekly Wrap|Perspectives

Published: Thursday, November 20, 2008

In another week that saw the global financial crisis hit world economies yet harder, Latin American banking federation Felaban set its agenda for the coming year.

Felaban's newly appointed president, Banco Itaú's Ricardo Villela, set improving corporate governance as mission number one at the group's annual meeting in Panama this week.

The issue may have particular resonance in a more difficult world economic environment, which will force banks in the region to make difficult choices about lending practices and funding sources.

... more No permission

Coming Up

  • November  27, 2008

    Thanksgiving Day - US markets closed. - Regional

  • November  27, 2008

    Banco Security will propose that shareholders approve a 40bn-peso (US$62.3mn) capital increase to fund future business growth. - Chile

  • November  28, 2008

    A general shareholders' meeting to approve federally controlled Banco do Brasil's planned purchase of state bank Banco do Piauí. - Brazil

  • December  01, 2008

    W Holding Company will carry out a reverse split of its common stock in the 1-for-50 range. - Puerto Rico

  • December  02, 2008

    Canada's Scotiabank to release Q4 results for fiscal year 2008. - Regional

 

USA Voice/Fax: (800) 535-2137 Santiago, Chile: +56 (2) 941-0300 info@BNAmericas.com Business News Americas.
Copyright 1996-2008 All Rights Reserved.