Chief of staff Marcos Peña spoke to lawmakers on expected 2017 GDP growth amid what he called sustained growth and job creation.
The banking association reported a surge in questionable bank operations as authorities prepare legislation to better fight money laundering.
Intercorp Financial Services is to acquire the Colombian group's local insurance and mortgage operations.
Improving its outlook for 2017 GDP growth, the central bank reiterated its concerns about rising inflation, defending recent rate hikes as having been effective in stalling this year's surging consumer prices.
Authorities ink deal as Panama works to improve its international image following the Panama Papers scandal.
The timid improvement could be just temporary relief.
The two countries are set to create a fund of up to US$20bn mostly to finance infrastructure projects.
However, political turbulence is seen preventing a sharper reduction in the Selic rate.