Action needed to avert Latin American banking crisis – report

Bogota
Bogotá, Colombia. The country’s finance minister says the number of insolvent firms “could easily double”
Andres M Martinez

Latin America could be heading for a systemic banking crisis if authorities do not confront threats to financial stability head on, a new report warns.

Many governments across the region have taken action to support their economies, and central banks have eased policy. But intense strains on banks could lead to failures that supervisors are not fully equipped to tackle and governments have little fiscal room remaining, the report by the Inter-American Development Bank and Center for Global

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: