Financial Inclusion in the Pandemic: the Way Forward for Banks & Fintechs
It's clear that the COVID-19 pandemic has driven society to become more digital, to increase the use of electronic devices and to do almost everything online. What can we expect from traditional banking models and Fintech companies in 2021?
First Sustainable Bond in Central America, A Regional Trailblazer
Banco Promerica Costa Rica's first sustainable bond issue in Central America paves the way for the region's financial sector to align itself with the latest trends in international finance and refine the environmental and social impact assessment of its operations.
Accelerating the Region’s Recovery through Trade Finance
About 90% of global trade depends on some type of financing, mainly in the short-term. Today more than ever, companies in Latin America and the Caribbean need to finance their trade operations to be more resilient and sustainable in the long-term.
Amid the Pandemic, Governments and Multilateral Development Banks Must Continue Supporting Financial Institutions
Governments and multilateral development banks in Latin America & the Caribbean are playing a critical role in supporting financial institutions amid the pandemic, but must be ready to up the ante as the ultimate effects of the lockdown measures become evident in the financial sector, especially key microfinance institutions
Financial Institutions Are Withstanding the Crisis, but Uncertainty About the Future Persists
Financial systems in Latin America & the Caribbean are performing well in times of COVID-19, and are better prepared for the crisis than ever; however, this doesn't mean that they are immune, and a protracted downturn may test their resilience
Two Successful Models for Promoting Banking Digitalization: The Cases of Colombia and Peru
The success of online platforms in the Colombian banking system offers a clear example of how private enterprises can optimize services, expand their customer base, and enhance social inclusion. In Peru, the process has been slow but comprehensive, aiming for a transition to "open banking."