Net income drops as the NPL ratio inches up.
The country's pro-reform side is witnessing a two-horse race, while popular ex-president Lula defies his many legal challenges and vows to run. Critical pension and fiscal reforms, meanwhile, may languish for the remainder of President Temer's troubled term.
The program will take place through November 2018.
Colombia's central bank cut the benchmark interest rate, while Mexico's tax revenue continues to rise.
With fintechs flowering across LatAm, many countries are developing their own regulatory frameworks. However, the regulatory debate in the US will have an overarching impact on the region and the regulation of its fintechs, says David Schwartz, CEO of the Florida International Bankers Association.