The investment firm is seeking a US$85mn loan from the World Bank's private sector arm to fund its expansion, according to a Brazilian daily.
Itaú Corpbanca announces its appeal decision following the issuing of a fine of US$8.8mn as banking association Abif calls for a level playing field amid regulatory rumblings for fintechs.
The Brazilian president has said he will focus his trade agenda on bilateral agreements.
The two lenders will provide US$100mn in financing for small municipalities in several states.
A new cohort of tech-savvy consumers are about to reach that age when they want to obtain the likes of a current account - and lenders are preparing for their arrival, regional banking tech firm VeriTran tells BNamericas.
Deposits grew over 5% in the 12 months through November, with sol deposits growing faster than those in dollars.
Seeking to reignite economic activity, Barbadian government officials have called on banks to lend more amid ample amounts of liquidity in the banking sector.