The company will not launch an IPO this year and will instead focus on getting ready for a new growth cycle.
The economy will emerge from its deep recession in the first quarter of this year, says Brazilian finance minister Henrique Meirelles.
The country's second largest private sector lender saw its adjusted earnings fall almost 4% in the last quarter of 2016.
Spain's BBVA is reassuring the market of its commitment to Mexico, despite the current economic and political problems facing the nation.
Despite the public outrage and inflation sparked by fuel price hikes of 15-20% at the start of the year, the government appears set to move forward with its plan to liberalize gas prices in 2017, taking the next step Friday with a further 8% hike.
As part of the final liquidation process for Balboa Bank & Trust and Balboa Securities, the US treasury department is allowing a two-month extension for regulators to complete transactions related to the US markets.
The comments by central bank president Ilan Goldfajn come amid a more benign inflation environment in Brazil.
The strong earnings performance in Mexico came on the back of double-digit business growth and improving asset quality.