Financial services and fintech investment had picked up following a 2016 pact with left-wing rebel group Farc.
Americas
Latest articles from Americas
US and UK banks bask in stellar third quarter results
November 12, 2021Surge in profits driven by pandemic rebound and M&A bonanza unlikely to last, say analysts.
Turning of the tide on US antitrust
November 11, 2021A renewed interest in antitrust could mean greater scrutiny ahead of mergers – including banking consolidation – and even the prospect of curbs on US tech giants.
Deposits rebounding at Uruguayan banks
November 10, 2021Gross total deposits at the two largest banks in Uruguay have increased 10-11% over the past five years.
NPLs on the rise at Honduran banks
November 8, 2021Banco de Occidente Honduras, the fourth-largest bank in the country by assets and Tier 1 capital, saw its bad loans ratio rise to 8.6% in 2020.
Tier 1 capital steadily rises at biggest Canadian banks
November 2, 2021Toronto Dominion Bank, the country’s largest bank by assets, saw its holdings of core capital increase by 41% between 2016 and 2020.
China’s push into Latin America
November 1, 2021China’s economic expansion into Latin America has raised questions about the motivation behind such investments and the contractual terms.
The Banker’s Top 100 Central American Banks 2021
October 28, 2021The Banker’s Top 100 Central American Banks ranking shows a resilient industry in the face of many challenges.
World
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Allowances for loan losses jump at Costa Rican banks
October 26, 2021Banco de Costa Rica, the second-largest bank by assets, increased allowances for loan losses by 28% year-on-year in 2020.
Guyana’s banks prepare for boom
October 20, 2021Oil is the one-word explanation for the transformation underway in Guyana’s economy and financial system.