While there are plenty of brakes on the Latin American project finance market, ground-breaking deals are still coming out of the region with bankers offering up creative solutions for a tougher credit market.
Category: 2001
Posted inMagazine
Evening out Fiscal Fluctuations
Several countries in Latin America have created reserve accounts to sock away excess revenues from commodity exports. These stabilization funds will soon face their first tests as oil prices continue to sink.
Posted inMagazine
Fair Market Value for All?
The merger of Chile’s Banco de Edwards and Banco de Chile is bound to be good for the banks. But minority shareholders worry that Quiñeco, which controls both institutions, has gotten the better of them.
Posted inMagazine
Guatemala’s Solid Sale
Investors view the Central American country as a higher-quality credit when compared to much of the region. This coveted position allowed the sovereign to secure $325 million at 10.25% in November.
Posted inMagazine
MarketWatch
Inflation Targeting Works Brazil and Chile are both neighbors of Argentina and both have floating exchange rates. Their currencies have suffered heavily from the effects of the crisis next door. […]
Posted inMagazine
Operating Beneath the Bulge
In the shadows of the heavy hitters, investment banking boutiques aggresively court small corporate and sovereign mandates. Their revenues are modest but they have plenty of work despite the lean Latin American market.
Posted inMagazine
Banco Bradesco Grows Sharper and More Nimble
Mario Cypriano Banco Bradesco has turned into a more athletic kind of bank in the last year. The bank once scorned by investors for its sluggishness and obsession with size […]
Posted inMagazine
Passion for Customers Drives Banco Aleman
For more than 40 years, one international bank has shown a degree of dedication to Paraguay that is almost worrying, given the country’s political and economic history. But now Citibank, […]
Posted inMagazine
Banco Comercial Expands Defensively
Banco Comercial is the only bank in Uruguay with an investment-grade credit rating and as such, is prudently building its its business. Last year, Comercial took over the 12 branches […]