The state-run bank opened two digital branches outside Buenos Aires.
The Bahamian attorney general hailed the CFATF's compliance upgrades of the country's money laundering and terror financing standards. The Eastern Caribbean Central Bank urged calm as it reviews RFHL's application to buy regional Scotiabank properties.
Cielo is under pressure in the card acquiring and processing industry from new players.
The head of El Salvador's central bank discussed growth and the yuan with deepening ties to China. YTD remittances were up 8.8% in November. Lawmakers to consider new money laundering legislation in January.
The Canadian bank latest refocusing effort in the Caribbean signals a shift away from insurance operations in the Dominican Republic towards the banking business, following the previous announcement of its acquisition of Banco Dominicano del Progreso.
The US Federal Reserve Board hiked its federal funds rate on Wednesday, with market observers increasingly expecting a slower pace of tightening in 2019.
Lending in Mexico has slowed and shifted towards the commercial sector in recent years with rising interest rates abroad. Now, with changes coming under a new administration, Mexican banks will have to be flexible to sustain profitability and capital ratios.