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 financial resources to face to global warming and respond…
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credits
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…
Japan approves € 215,000 million to stimulate economic growth
The main sectors of the economy of Japan that will receive strong support thanks to the first stimulus package in three years will be economy, infrastructure in the face of natural disasters, exports, public spending, as well as the…
Data management is the way to the success of the banking sector
The CEO of BBVA, Onur Genç, warns that the banking sector will succeed in competing with the new digital operators if it "hurry up" in the data management process, since its proper use will allow it to reduce its delinquency rates to zero,…
People’s Bank of China supports banks credit capacity
The People's Bank of China (BPC), the central bank of the Asian giant, has expressed the need to persevere in the structural adjustment of the economy and improve the lending capacity of commercial banks to the real economy.
In a meeting…