Juan Carlos Escotet said Banesco was not for sale, following earlier comments from a ruling party leader, indicating that the bank had agreed to sell its assets to the state for just US$3.5mn.
A strategic alliance was formed between Financiera Paraguayo-Japonesa and La Rural S.A. de Seguros.
The government issued a decree containing 170 measures aimed at reducing red tape.
The company will use the proceeds for its expansion plans.
Colombia's finance minister cites a World Bank forecast, as BNamericas takes a look at which countries in the region are expected to lead the growth pack this year.
The World Bank lowered its 2018 growth forecast for Mexicom; trade looks to sustain Nicaragua's growth this year; and Guatemala's 2017 CPI was higher.
With interest rates at a historic low, Brazilians look for alternatives with higher returns.
Citigroup and Goldman Sachs were hired as advisers for the Brazilian company, a newspaper reports.
Mexico's top commercial bank will work with investment agency ProMéxico to develop business opportunities both at home and abroad with particular emphasis on SMEs.