News of bank

Brazil bank robbers strap hostages to cars during deadly raid

31-08-2021 14:32 Heavily armed gangsters strapped hostages to their getaway cars after robbing two banks in Brazil, in a rampage that left three people dead, police and reports said Monday.

Cuba lays groundwork to legalise cryptocurrency transactions

30-08-2021 10:43 Communist government is trying to legalise and regulate the growing use of cryptocurrencies on the island as citizens ramp up transactions to evade state controls. 

Argentina’s Ualá valued at US$2.45 billion after financing round

13-08-2021 12:16 Pierpaolo Barbier's Ualá valued at US$2.45 billion in a financing round led by Japanese conglomerate SoftBank Group Corp and Chinese Internet giant Tencent Holdings.

Argentina’s Brubank plans push into Colombia, Peru in 2022

12-08-2021 15:12 Argentine digital bank is looking to expand to Colombia and Peru in 2022 after raising more financing at the end of this year.

Central Bank sells dollars for first time since April

03-08-2021 14:53 Central Bank sells greenbacks for the first time in three months, amid electoral nervousness and high inflation.

Peru's new finance minister says president backs economic agenda

02-08-2021 14:37 Peru’s Finance Minister Pedro Francke , a former World Bank economist, says he has been given assurances from the new government that he’ll be able to implement his economic programme.

Argentina spawns another FX rate as government clamps down

15-07-2021 14:49 Government steps to regain control over Argentina’s chaotic currency market has led a new unofficial exchange rate to rise to prominence.

Argentina imposes new restrictions on parallel exchange rates

11-07-2021 08:31 Government moves to limit operations in the parallel exchange rate known as the blue-chip swap rate.

Property sales in CABA pick up after 2020 slump, indicates report

30-06-2021 09:34 According to official statistics, the number of title deeds that changed hands jumped by 100.3% in the past five months of 2021, compared to the same period last year.

Latin America rate hike pressure grows as Chile signals lift-off

24-06-2021 09:11 A shift toward tighter monetary policy is quickly taking shape across Latin America. Central banks played a crucial role in the region’s economic response to multiple waves of the coronavirus.

Argentina’s Central Bank move raises concern of higher inflation

28-05-2021 16:22 A measure allowing Argentina’s commercial banks to move part of their reserve requirements from Central Bank notes to treasury bonds is raising concerns about inflation and the financial system’s health.

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.

‘Dollar futures’: Case against Cristina Fernández de Kirchner dismissed

13-04-2021 22:16 Former president and host of former officials cleared of fraud in relation to futures contracts for the purchase of dollars; three-judge panel unanimously rules to dismiss allegations against vice-president, one of eight graft cases she faces in courts.

Mexico, Argentina urge debt relief for middle-income nations

08-04-2021 11:36 Mexico and Argentina call for international debt relief for middle-income countries home to many of the people pushed into extreme poverty by the coronavirus pandemic; IMF open to doing more to support nations hit hard by virus crisis.

Central Bank extends rules for companies to restructure dollar debt

26-02-2021 01:31 BRCA extends deadline for companies to restructure debt in dollars until December 31.

World Bank: Women on average have just 76% of men’s legal rights worldwide

24-02-2021 09:00 World Bank warns coronavirus pandemic is reinforcing gender inequality in many countries, with women on average having roughly three-quarters of the legal rights of men.

Alberto’s 21st-century agenda?

30-01-2021 07:18 In order to imagine an avant garde agenda worthy of the 21st century, Argentina needs to fix its 20th-century problems.

by Agustino Fontevecchia

YPF stuns creditors as nation’s dollars dwindle

23-01-2021 10:15 State energy company’s plan to saddle creditors with losses in a debt exchange leads to frantic unloading of shale driller’s bonds.

Economy Ministry to halt Central Bank advances until end of 2020

03-11-2020 12:53 Economy Ministry says it will not ask the Central Bank for temporary advances of cash in November and December and would target local capital markets for financing instead.

Guzmán: 'There will be no devaluation'

24-10-2020 05:44 Economy minister says currency will depreciate ‘hand-in-hand with inflation,’ as blue dollar soars to close at record high of 195 pesos per greenback.