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  • Peru gives Pacific Alliance mutual fund nod

    7/20/18
    Financial integration in the member countries of the Pacific Alliance trading group is moving forward with progress on the mutual funds front. Members are Chile, Colombia, Mexico and Peru. Peruvian finance minister, Carlos Oliva,...

  • Peru lending rises as NPL ratio dips

    7/20/18
    The loan portfolio of Peru's commercial banks expanded in the 12 months through June at its fastest pace since November 2015. Sector association Asbanc cited the country's improving economy - which is powering along - as a key...

  • HSBC México launches major SME loan drive

    7/18/18
    HSBC México announced three programs extending preferential lending terms to SMEs, with particular focus on young adults, women and restaurateurs, backed by the SME-lending arm of state-owned development bank Nacional Financiera (Nafin...

  • Reaching for regtech in Latin America

    7/13/18
    By Dino Sani, head of treasury services Latin America at BNY Mellon In efforts to avoid a repeat of the 2008 financial crisis, regulatory bodies have placed demands on banks to provide copious volumes of risk data for compliance....

  • Banking: The week in 10 stories

    7/13/18
    REGIONAL Reported value of M&A deals in Latin America increased to US$45.6bn in the first six months from US$28.1bn in 1H17, despite multiple risks that included elections in several countries. As part of its regional...