Posts by Financial Institutions
Financial Inclusion, Key to Latin America & the Caribbean's Recovery
Financial inclusion is playing a fundamental role in Latin America & the Caribbean's economic response and will be essential for its economic recovery: such is one of the main conclusions of the Global Microscope 2020 report.
How to Protect Global Supply Chains Using Trade Finance
In times of economic crisis, we must emphasize short-term loan solutions and credit guarantees that mitigate the risks for micro, small, and medium-sized enterprises (MSMEs) and the countries in the region most impacted by the lack of financing and liquidity.
Let's Use Financial Engineering for Good, with a New Structured Product
At a time of difficulty, due to COVID-19 and climate change, innovative financial products are needed: for example, one that offers great liquidity and flexibility so that banks in Latin America and the Caribbean can reach social impact and climate commitments.
Caribbean Financial Institutions Are Looking to Open their Digital Umbrellas
A shift towards greater digitization was overdue for Caribbean banks, and has been accelerated by the current pandemic. Now, they are rolling out their digital channels, seeking to implement ways in which to help bank customers and employees protect themselves while providing the same and enhanced services.
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."
Does Access to Credit Make People Better or Worse Off?
Traditional credit screening approaches are based on qualifications that many low-income applicants do not have: credit histories, collateral, and verifiable income streams. What if these applicants could be assessed differently?