Banking: The week in 10 stories
ARGENTINA
The government unveiled a US$2.6bn loan program to support the many SMEs that are struggling due to the country's recession.
Last year saw economic activity contract 2.6%, which was the biggest decline since 2009.
BOLIVIA
The country's financial system saw mixed fortunes last year as earnings declined while loans expanded.
BRAZIL
Mid-sized lender BMG called off an IPO plan that had already been postponed once.
Recently confirmed by the senate as the country's new central bank governor, Roberto Campos Neto outlined his priorities for the coming years, which include a strong focus on fintechs and digital transformation.
Already owning a majority stake, Santander took full control of card acquiring company GetNet.
MEXICO
The central bank reduced its forecast range for 2019 GDP growth due to mounting domestic and global risks.
REGIONAL
The 2019 GDP growth forecasts for several economies in Latin America was cut by Goldman Sachs.
Latin America's first multinational real estate investment trust (REIT) targeting private real estate development is being prepared for launch on three national stock exchanges with the aim to raise US$7.5bn.
PERU
The financial services watchdog gave local banking sector minnow Banco Cencosud the green light to become a savings and loan cooperative.
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News in: Political Risk & Macro (Mexico)
Almaden files arbitration request against Mexico claiming at least US$200mn
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Why Sheinbaum's 'energy nationalism' could pave the way for private players
BNamericas talks to Pamela Starr, a professor of international relations at the University of Southern California with over 30 years of practical e...
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