Tag Archives: fintechs

Four is company at Grupo Aval

Banking consolidation is often cited as a challenge in Latin America. In the past, banking crises have led to acquisitive growth opportunities for those banks that have been relatively less stricken, while customers have sought out the strongest banks for … Continue reading

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Goldfajn plots a happy ending for Brazil interest rates

The new president of Brazil’s central bank has identified the large interest rate spread applied by banks on top of the base rate as an obstacle to economic growth. His plan to increase competition and reduce this ‘spread bancario’ is … Continue reading

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Latin America: Brazil’s central bank attacks ‘spread bancario’

Ilan Goldfajn, president of Brazil’s central bank, is seeking to lower the very high credit spreads charged by the country’s banks to its clients in the ‘free market’ credit segments. Goldfajn tells Euromoney, in a wide-ranging interview that will be … Continue reading

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