After getting on top of their problem loans, Peru’s banks are ready to boost lending.
Category: Regions
Posted inWeb Articles
After the Honeymoon
Finance Minister Carlos Julio Manuel was a strong proponent of dollarization. Now he must be in the vanguard of sweeping reforms to ensure sustained growth.
Posted inMagazine
Getting an Unexpected Boost
Jamaica’s economy was just beginning to enjoy a renaissance when a bout of political violence last July that left 25 people dead was followed by the disastrous drop in tourism […]
Posted inMagazine
In the Belly of the Curve
Peru ended its 74-year absence from the international bond markets in February when it issued $1.43 billion worth of 10-year global bonds in a well-received deal that included a Brady […]
Posted inWeb Articles
Convergence of Powers
Roberto Dañino, the prime minister, promises to straighten out the government’s difficult relations with Congress and improve those with the businesses and financial markets.
Posted inWeb Articles
Bailing Out the Banks
The final cost of Ecuador’s banking crisis is still unknown. Most deposits in the failed private sector banks were covered either by cash payments from a government agency, the AGD, […]
Posted inMagazine
Putting Closure on a Crisis
Jamaica has paid a heavy price for its botched financial sector liberalization of the 1990s. Omar Davies, Jamaica’s finance minister, estimates the 1997 banking crisis cost the country J$125 billion […]
Posted inMagazine
Time to Re-Engineer
Bloated with debt, Mexico’s conglomerates have largely failed to reshape themselves into profitable, efficient companies capable of competing globally.
Posted inMagazine
Banking Bounces Back
After being blacklisted by an international task force for failing to cooperate with anti money-laundering efforts, Panama’s banking sector has regained some stature and is poised for growth.
Posted inMagazine
Building on the US Legacy
Panama has not found it as easy as it had hoped to attract investment into areas once occupied by American troops. Development of the reverted areas has been plagued by false starts and delays.