Bolivians threw out a government over plans to export natural gas. Bolivia and other gas-rich Latin American countries risk forfeiting forever the North American market that is theirs to lose.
Category: Andean
Getting Ecuador Pumping
It seemed unlikely in 2000 that bankers could secure a $900 million, 17-year project finance loan for an oil development project in Ecuador. The country had just defaulted on its […]
UNIFIER Enrique Garcia
The Andean Development Corp., which Enrique García has run since 1991, is a remarkable institution. It is a development bank with a coveted investment grade rating, even though it is […]
Bringing Back Bolivia
Gonzalo Sánchez de Lozada is leading the country again
and his main goal is to rescue Bolivia from a debilitating
four-year recession.
Mercantil Wins With Modest Growth
Banco Mercantil stands head and shoulders above its competitors in one of Latin America’s smallest but more turbulent banking markets. Bolivia has been stuck in recession for four years and […]
CAF Cultivates the Europeans
The multilateral bank that serves impoverished Andean economies received a warm reception for its long term bond issue from wary European investors.
Banco BISA Branches Out to Overcome Challenges
Competition with foreign banks such as Citibank and BSCH’s Banco Santa Cruz have kept Banco BISA, Bolivia’s largest domestically owned bank, on its toes this past year. The bank is […]
Banco Bolivariano Survives the Storm
Miguel Babra Lyon The Ecuadorian banking system collapsed in 1999, and the banks left standing are still reeling from the aftershocks. In July, the Ecuadorian government shut down the country’s […]
People
Enter QuirogaOn August 7, an unpretentious 41-year-old engineer wearing Bolivia’s red, yellow and green presidential sash, stood in the Casa de la Libertad in Bolivia’s capital city and took over the reins of power in South America’s poorest country. The inauguration of Jorge Quiroga Ramírez, “Tuto,” as he is commonly known in Bolivia, as president […]
People Sep 2001
Enter QuirogaOn August 7, an unpretentious 41-year-old engineer wearing Bolivia’s red, yellow and green presidential sash, stood in the Casa de la Libertad in Bolivia’s capital city and took over […]