Bolivia’s varied and largely healthy banking system faces challenges from new legislation that sets lending rates and deposit floors. While bigger banks see opportunities in social housing loans, the rate curbs could have implications for microfinance lenders, and consequently for poorer citizens. Jane Monahan reports.
Latest articles from Americas
Luis Alberto Arce, Bolivia’s economy minister, tells Jane Monahan how the country's government is attempting to diversify its economy away from its dependence on raw materials.
The culture of informal work is a topic that Peru’s new president, Pedro Pablo Kuczynski, is promising to tackle, and which banks are already addressing through financial inclusion initiatives such as the creation of a pioneering, sector-wide e-wallet. Silvia Pavoni investigates its potential to ease one of the country's main pressure points.
Brazilian lenders still monopolise the top of the Latin American and Caribbean table, while banks from Panama, Argentina, the Dominican Republic and Mexico benefit from instability in the Venezuelan economy.
Most of the big names held fast in North America, with JPMorgan still out in front and only a little movement further down the rankings.
Argentina’s minister of economy and public finance, Alfonso Prat-Gay, talks to Silvia Pavoni about mending fences between his country and the international economic community, and how he plans to lower its poverty levels.
In his first major international interview since he was sworn in as prime minister on March 3, Jamaican prime minister Andrew Holness tells Courtney Fingar about his economic strategy for the next few years, including tax reform and preparation for the opening-up of Cuba.
The first-quarter results of the US's largest banks exemplifies the difficulties being felt in the fixed-income, currencies and commodities trading space. However, unlike some of their European counterparts, US lenders are not pulling out of the business entirely. Jane Monahan investigates why.
Progress in cleaning up offshore financial centres should be driven by international jurisdictions not the leaking of documents.
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