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 indicates that the results of the largest banks in Brazil, Chile,…
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Naiguatá could guarantee the national payment interconnection service
Venezuela is evaluating the request of the Superintendence of Institutions of the Banking Sector (Sudeban in Spanish) to implement a national transaction platform called Proyecto Naiguatá.
The measure was taken in anticipation of the…
Spain cuts its economic growth forecast in one tenth
The Government of Spain has reduced by a tenth less than announced by the competent government authorities, leaving the forecast of GDP growth by 1.8% according to the macroeconomic chart sent this Mars to the European Commission.
As…