Latin America's Business Information Leader
Banking News - Friday, March 26, 2010
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Free Content of the day
* Fovissste to issue up to US$1.44bn RMBS this year - CEO - Mexico
Mexican housing fund for public sector workers Fovissste is looking to issue 16bn-18bn pesos (US$1.28bn-1.44bn) worth of residential mortgage-backed securities (RMBS) or TFOVIS this year in different tranches, CEO Manuel Pérez Cárdenas told a conference in Cancún, Mexico.
Last year, Fovissste tapped the markets to the tune of 15.5bn pesos.
Fovissste was scheduled to kick off the 2010 RMBS placement program by issuing up to 4.5bn pesos Thursday (Mar 25). The mortgage lender will also look to pl ... more
http://www.bnamericas.com/news/banking/Fovissste_to_issue_up_to_US*1,44bn_RMBS_this_year_-_CEO/180170377
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In-deph interview
* Agustín Guzmán PérezCountry manager - NCR Mexico<p><em>US-based ATM and self-service solutions provider NCR is celebrating 75 years in the Mexican market this year. After several years of strong growth, the Mexican economy suffered from the global ... more
http://www.bnamericas.com/interviews/banking/Agustin_Guzman_Perez_,NCR_Mexico,/180170377
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Free Past News
* Brazil launches regional financial center project BRAiN, focusing on Chile, Colombia, Peru - 03-24-2010 - Brazil, Regional
http://www.bnamericas.com/news/banking/Brazil_launches_regional_financial_center_project_BRAiN,_focusing_on_Chile,_Colombia,_Peru/180170377
* Banorte sees purchase opportunities among Sofoles - 03-23-2010 - Mexico
http://www.bnamericas.com/news/banking/Banorte_sees_purchase_opportunities_among_Sofoles/180170377
* IDB board of governors agrees on US$70bn capital increase - 03-22-2010 - Regional
http://www.bnamericas.com/news/banking/IDB_board_of_governors_agrees_on_US*70bn_capital_increase/180170377
* Agricultural risk fund is an important step, but execution will be needed - BB - 03-19-2010 - Brazil
http://www.bnamericas.com/news/banking/Agricultural_risk_fund_is_an_important_step,_but_execution_will_be_needed_-_BB/180170377
* Santander launches card acquirer Santander Conta Integrada with Getnet - 03-18-2010 - Brazil
http://www.bnamericas.com/news/banking/Santander_launches_card_acquirer_Santander_Conta_Integrada_with_GetNet/180170377
* Redecard confirms Visa deal preparation for July 1 - 03-17-2010 - Brazil
http://www.bnamericas.com/news/banking/Redecard_confirms_Visa_deal_preparation_for_July_1/180170377
* Oriental raises US$86.6mn from stock offering - 03-16-2010 - Puerto Rico
http://www.bnamericas.com/news/banking/Oriental_raises_US*86,6mn_from_stock_offering/180170377
* Citi to increase stake in Banco de Chile controller to 50% - 03-15-2010 - Chile
http://www.bnamericas.com/news/banking/Citi_to_increase_stake_in_Banco_de_Chile_controller_to_50*/180170377
* JDX exchange should bring positive effects to wide swath of financials, says CariCRIS - 03-12-2010 - Caribbean
http://www.bnamericas.com/news/banking/JDX_exchange_should_bring_positive_effects_to_wide_swath_of_financials,_says_CariCRIS/180170377
* CAF could raise more than US$1.2bn this year on regional, global markets - 03-11-2010 - Regional
http://www.bnamericas.com/news/banking/CAF_could_raise_more_than_US*1,2bn_this_year_on_regional,_global_markets/180170377
* ABBC to confront more exclusive payroll lending contracts after legal victories - 03-10-2010 - Brazil
http://www.bnamericas.com/news/banking/ABBC_to_confront_more_exclusive_payroll_lending_contracts_after_legal_victories/180170377
* Another exclusive government contract for payroll lending draws legal action - 03-09-2010 - Brazil
http://www.bnamericas.com/news/banking/Another_exclusive_government_contract_for_payroll_lending_draws_legal_action/180170377
* Sofisa squeezes back to Q4 profit on large increase in tax credits - 03-08-2010 - Brazil
http://www.bnamericas.com/news/banking/Sofisa_squeezes_back_to_Q4_profit_on_large_increase_in_tax_credits/180170377
* MBA Lazard forecasts more cross-border M&A in specific markets - 03-05-2010 - Regional
http://www.bnamericas.com/news/banking/MBA_Lazard_forecasts_more_cross-border_M*A_in_specific_markets/180170377
* Visa gets ready for new landscape in credit card business after Cielo - 03-04-2010 - Brazil
http://www.bnamericas.com/news/banking/Visa_gets_ready_for_new_landscape_in_credit_card_business_after_Cielo/180170377
* Citi asks for extension to Banco de Chile controller deal - 03-03-2010 - Chile
http://www.bnamericas.com/news/banking/Citi_asks_for_extension_in_Banco_de_Chile_controller_deal/180170377
* Banco Fibra aims for 105% retail credit increase in 2010 - 03-02-2010 - Brazil
http://www.bnamericas.com/news/banking/Banco_Fibra_aims_for_105*_retail_credit_increase_in_2010/180170377
* HSBC 2009 pre-tax profit in Latin America down 33% on economy, virus, impairment - 03-01-2010 - Regional
http://www.bnamericas.com/news/banking/HSBC_2009_result_in_Latin_America_down_33*_on_economy,_virus,_impairment_charges/180170377
* Banks' option for 2-year bonds could make up 15% of funding by February 2011 - ABBC - 02-26-2010 - Brazil
http://www.bnamericas.com/news/banking/Banks*_option_for_2-year_bonds_could_make_up_15*_of_funding_by_February_2011_-_ABBC/180170377
* Corp Banca targets SMEs, sees loans rising 8% in 2010 - 02-25-2010 - Chile
http://www.bnamericas.com/news/banking/Corp_Banca_targets_SMEs,_sees_loans_rising_8*_in_2010/180170377
* Loans to grow 10% in 2010 - Humphreys - 02-24-2010 - Chile
http://www.bnamericas.com/news/banking/Loans_to_grow_10*_in_2010_-_Humphreys/180170377
* HSBC Brasil IPO report was a "blunder," not listing in country - 02-23-2010 - Brazil
http://www.bnamericas.com/news/banking/HSBC_Brasil_IPO_report_was_a_*blunder,*_not_listing_in_country/180170377
* Santander Río Q4 profits down 13% on Q3, gets okay for BNP Paribas purchase - 02-22-2010 - Argentina
http://www.bnamericas.com/news/banking/Santander_Rio_Q4_profits_down_13*_on_Q3,_gets_okay_for_BNP_Paribas_purchase/180170377
* Banks book US$2.09bn profit in 2009, up 69% on 2008 - 02-19-2010 - Argentina
http://www.bnamericas.com/news/banking/Banks_book_US*2,09bn_profit_in_2009,_up_69*_on_2008/180170377
* Scotiabank potential entry by acquiring RBS unit is a time saver - analyst - 02-18-2010 - Colombia
http://www.bnamericas.com/news/banking/Scotiabank_potential_entry_by_acquiring_RBS_unit_is_a_time_saver_-_analyst/180170377
* Titulizadora Peruana looks to securitize 30% of mortgage market in 5-7 years - 02-17-2010 - Peru
http://www.bnamericas.com/news/banking/Titulizadora_Peruana_looks_to_securitize_30*_of_mortgage_market_in_5-7_years/180170377
* Bancolombia investment banking arm looks to up fee income 20% in 2010 - 02-16-2010 - Colombia
http://www.bnamericas.com/news/banking/Bancolombia_investment_banking_arm_looks_to_up_fees_20*_in_2010/180170377
* Deloitte forecasts tougher competition among banks in 2010 - 02-15-2010 - Uruguay
http://www.bnamericas.com/news/banking/Deloitte_forecasts_tougher_competition_among_banks_in_2010/180170377
* Banco Macro aims to grow loans 15% in 2010, outpace system - 02-12-2010 - Argentina
http://www.bnamericas.com/news/banking/Banco_Macro_aims_to_grow_loans_15*_in_2010,_outpace_system_growth/180170377
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