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  • Peru's MSME lending rises in May

    6/22/17
    Peruvian banking association Asbanc reported that bank financing to MSMEs had risen to 153bn sols (US$46.9bn) at the close of May, a 2.42% year-on-year increase at a constant exchange rate. The Asbanc report indicates that loans to ...

  • Brazil's Ferbasa revenue jumps in May

    6/19/17
    Brazilian ferroalloy producer Ferbasa's May net sales rose 15.1% year-on-year to 99.7mn reais (US$30.3mn), the company said in a release But sales, by volume, fell 20.4% to 18,600t, with high-carbon ferrochrome sales reaching 13,300...

  • BANKING: The week in 10 stories

    6/9/17
    BRAZIL The Inter-American Investment Corporation, a member of the Inter-American Development Bank Group, is expanding its presence in Brazil as demand for its financial services increases Brazilian exchange and clearinghouse B3...

  • Mexican bank profits still flying high

    6/7/17
    Mexican banks had another strong month in April, resulting in a 22.5% year-on-year increase in earnings to 45.2bn pesos (US$2.47bn) and a 12.9% increase in the total loan book to 4.41tn pesos, according to data reported by bank...

  • At a glance: Chile's top 5 banks by assets

    6/2/17
    Chile's economy may be wheezing, but the country's banks are in rude health. In May the nation's lenders reported a 19.8% increase in net income for April to US$286mn. This came on the heels of news GDP expanded a miserly 0.1% year-...

  • InterCement Brasil S.A.

    6/2/17
    InterCement Brasil is an unlisted subsidiary of Brazilian holding group Camargo Corrêa, through its cement division InterCement Participações. The latter is a multinational company with an installed capacity of 47Mt and 40 production...