CABEI’s new head faces a tough set of challenges – chief among them, restoring the bank’s image
Category: Magazine
Dominican Republic: Economy – Going Steady
A top tourist destination, the Dominican Republic is seeking to capitalize on its economic and political stability to attract more – and diversified – investment.
Dominican Republic: Interview – Rules of the Game
Héctor Valdez is one of the longest-serving central bank governors in Latin America and the Caribbean, having run the Dominican Republic’s monetary authority for all but four years since August 1994. Today, he has plenty of reasons to be upbeat on the Caribbean nation’s future.
Dominican Republic: Investment- Capital Courtship
Foreign investment in the Dominic Republic is on the rise – especially in energy, tourism and logistics. The government is taking steps to attract more flows while it seeks an investment grade credit rating.
Corporate Governance: Cleaning House
In early 2023, the disclosure of a major accountÂing scandal brought Brazil’s capital markets to its knees. A BRL20 billion (then $3.9 billion) hole found in the books of Americanas, a traÂditional retailer, caused banks to close their credit spigots, slammed the Ibovespa stock index and, for a couple of months, turned investors away from Brazilian securities.
Market Talk: Bonds
Latin American primary bond sales are expected to remain robust in the second quarter of 2024 after the market saw a pickup in deals in the first two months, analysts say.
Market Talk: Loans
Lending activity in Latin America is expected to pick up in the second quarter of 2024 after a sluggish start to the first quarter, led by corporate demand for funds for acquisitions, an analyst says.
Market Talk: Equity
After two years without any major IPOs, a Mexican retail chain broke the ice in February. More are expected to follow suit as falling interest rates push investors back to the equity markets.
Market Talk: M&A
After a slow year, M&A is recovering in Latin America as investors bet that the region’s economic growth, expanding middle class and falling interest rates will boost the probability of successful deals.
Q2 – Skies Wide Open
Is this Latin America’s moment? There is a lot going for it, that’s for sure. There’s social peace and an abundance of natural resources, plenty of which are for the green transition, like copper and lithium. A surplus of oil for exporting is a promise in the short term, natural gas in the longer term. Opportunities also abound for nearshoring to supply North America.
