Panama’s Banco General has seen its assets and deposits grow and non-performing loans drop slightly in the 12 months to June 2009, despite the global downturn.
Category: 2009
DEBT: Anything Goes
Appetite for LatAm credit was in October sounding like a broken record, or at least one dusted off from 2007 that has gotten everyone dancing again.
China and Latin America: Investment and Trade Flow
As Chinese investment increases, LatAm tries to be more than just a cheap supplier of raw materials. Skeptics are wary of China’s track record in other regions.
Best Bank El Salvador: In Hands Less Foreign
While Banco Agrícola now belongs to Bancolombia, its new owner is keeping a respectful distance when it comes to running things, and for good reason.
EQUITY: IPOs Get Reality Check
The equity markets roared back to life in the third quarter, with Brazil accounting for the vast majority of follow-on and IPO volumes.
Petrobras Funding: Exciting, Uncertain Times
The government’s plans for development of the pre-salt fields in Brazil put Petrobras firmly centre stage. Presidential elections loom and detail is lacking, but oil experts are excited.
Best Bank Costa Rica: Sweet Insulation
Costa Rica’s government backed banks have played an important role in supporting the country’s economy, and continue to dominate at a time when private financial institutions and foreign operations may find it difficult to enter or increase share.
STRUCTURED FINANCE: Race to the Start Line
Mexican bankers are racing to put together a new series of structured deals that aim to channel substantial captive local funds into essential long-term infrastructure projects.
Private Equity Readies LatAm Resurrection
As the economic outlook for Latin America brightens, so do prospects for private equity fundraising and fund creation. Is an uptick really happening, or is it all just wishful thinking?
Best Bank Dominican Republic: Popularity Uncontested
Banco Popular Dominicano, the second largest bank in the Dominican Republic after state-owned Banco de Reservas, with a 25% market share based on assets, is known for a conservative risk culture and adequate asset quality, according to Fitch, which assigns a AA- local rating.
