Latest articles from Americas

Debut deals pave way for US market

April 3, 2006

The US has watched the rapid development of the covered bond market in Europe and elsewhere from afar. Now, with questions hanging over the country’s giant mortgage-backed securities providers and tempted by insatiable investor appetite, US issuers are about to dip their toes in the water. Michael Marray reports.

US seeking antidote to the Chávez effect

April 3, 2006

Venezuelan president Hugo Chávez’s anti-US stance is causing consternation in Washington, says Peter Hakim.

Dark matters

April 3, 2006

After decades of chronic difficulties in the power sector, the government now has a blueprint for improvements, but it is already mired in controversy.

From rags to riches

April 3, 2006

Microfinance lenders such as Banco Adopem, which specialises in offering financial services to women, are enjoying a post-crisis boom, forcing mainstream banks to sit up and take notice.

Appetite for debt grows

April 3, 2006

Appetite for Dominican Republic paper is growing on the back of the debt restructuring that pulled it out of financial crisis and the successful corporate debt issue from power company AES Dominicana. Tom Blass reports.

Missed chances

April 3, 2006

A huge amount of hard currency flows in from abroad in the shape of remittances, yet banks have steered clear of it, missing out on a golden opportunity.

Survivors back on course

April 3, 2006

Although there is still fallout from the Dominican Republic’s banking crisis, the sector is ready to move on as opportunities emerge through consolidation, regulation, openings for foreign players and new product offerings.

Confidence booster

April 3, 2006

Héctor Valdez Albizu’s tough reputation in his role as Central Bank governor instils confidence in the market. He tells Tom Blass what plans are afoot to move the economy forward and strengthen the banks.

Centre of excellence

April 3, 2006

The Dominican Republic’s offshore banking centre, the International Financial Center of the Americas, is due to open in 2009 and the man who planned the project believes it will redefine perceptions of the country.

Dominicans move on

April 3, 2006

Putting its worst banking crisis behind it, the Dominican Republic is concentrating on strengthening its currency, reaching new agreements with the IMF and successful debt exchange. Tom Blass reports.