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  • Brazil could lower reserve requirements

    7/23/18
    The Brazilian government is reportedly considering reducing reserve requirements for banks in an effort to inject more cash into the sluggish economy. The central bank is considering making a reserve requirement reduction by the...

  • Popular announces Q2 results

    7/23/18
    SAN JUAN, Puerto Rico---Popular, Inc. (the "Corporation," "Popular," "we," "us," "our") (NASDAQ:BPOP) reported a net income of $279.8 million and an adjusted net income of $121.3 million for the second quarter ended June 30, 2018,...

  • Brazil cuts GDP growth forecast

    7/23/18
    The Brazilian government reduced its GDP growth forecast for this year due to the poor performance of the economy in the first months of the year and the nationwide truckers strike in May. In a quarterly budget review, the planning ...

  • 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...