The Inter-American Development Bank (IDB) has approved a loan for El Salvador for a total amount of 100 million dollars (92.3 million euros) to support the growth of micro, small and medium-sized companies in the country, in line with strengthening its productive fabric.
As explained by the bank in…
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credits
JP Morgan presents projections of the world economy for 2023
The expected projections for the world economy in 2023 from JO Morgan Chase & Co. have been published. The main news points to a stabilization of the markets despite the slowdown in economic growth.
US bank analysts estimate a decline…
Bancamiga gave loans to entrepreneurs to boost their initiatives
To stimulate the training and growth of entrepreneurs in Venezuela, Bancamiga held the Innovation Scenarios for Entrepreneurs forum, where it gave loans to a group of representatives of this sector of the national economy.
The executive…
CAF will strengthen carbon markets in Latin America
The Latin American Development Bank (CAF) will strengthen the carbon markets of its member countries and will articulate the competitiveness of the supply of carbon credits, with the aim of reducing greenhouse gas emissions, mobilizing…
Fintech ID Finance launches in Spain its neobank Plazo
The fintech ID Finance has launched its Plazo neobank in Spain, which integrates transactional solutions with flexible credit and payment services into an app and plans to progressively incorporate more financial solutions.
Term combines a…
Fedecámaras estimates a GDP growth of 2 % at the end of 2021
Carlos Fernández, president of Fedecámaras, estimates that the private sector will register a growth between 1 % and 2 % compared to 2020, despite the absence of a public policy and strategies by the State directed towards the private…
Gemini buys $ 4 million in carbon offsets
Cameron and Tyler Winklevoss acquired about $ 4 million in carbon offsets in order to correct the CO2 emissions of the bitcoins in their custody. The amount was donated to its partner Climate Vault, in order to prevent the entry of 350,000…
Fed announces changes to leverage rules
The United States Federal Reserve Board (Fed) announced that the temporary change to its supplementary leverage ratio (SLR) for US banks will expire on March 31st, as scheduled.
In a statement, the Central Bank rejected extending the rule,…
Bnext settles an alliance with Cacao PayCard to reach Latin America
Mobile payment solutions are the alternative most sought after by customers thanks to the speed, security and trust provided by the various applications currently on the market.
One of the most recent developments in this regard is the…
Moody’s: Additional reserves due to the pandemic reduce profitability of Latin American banks
The creation of additional reserves due to the coronavirus pandemic and macroeconomic forecasts reduced the profitability of financial entities in Latin America, according to a report prepared by the rating agency Moody's.
The text…
France announces measures on rents, credits and taxes
French President Emmanuel Macron announced a series of measures that will seek to mitigate the consequences of the coronavirus epidemic on the economy.
During an address, the president stressed that 300,000 million euros will be available…
Venezuela to launch new policies on fiscal matters
On Tuesday, the Venezuelan president announced that there will be changes in the fiscal, customs and credit areas to boost the country's economic security, strengthen the loan portfolio to the different actors in the economy and the…