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  • Peru bankers see strong loan growth in 2019

    1/21/19
    Peru's 16 private sector banks expect their lending to grow around 9-10% this year. Their loans expanded 8.8% in 2018 to 270.622bn soles (US$81.291bn) at constant exchange rates, said private banks association Asbanc. Last year's...

  • Economists cut Brazil growth forecast

    1/21/19
    Local economists reviewed downward their estimate for GDP growth in Brazil this year. For 2019, the economy is expected to expand 2.53%, according to a weekly central bank survey with 100 economists, down from 2.57% in the prior...

  • Chinese firms eye LatAm fintech market

    1/18/19
    Firms from China are primed to make significant investments in Latin America's fast-growing fintech sector this year. Chinese companies made high-profile investments in the regional fintech industry last year, including in...

  • Chinese firms eye LatAm fintech market

    1/18/19
    Firms from China are primed to make significant investments in Latin America's fast-growing fintech sector this year. Chinese companies made high-profile investments in the regional fintech industry last year, including in...

  • Banco Votorantim invests in fintech sector

    1/18/19
    Brazilian lender Banco Votorantim invested US$6mn in Weel, a fintech specialized in receivables-based financing via a pre-delivery platform. With the aim of differentiating itself from banks and traditional factoring firms, Weel...