Tag: credit operations

credit operations
Tuesday, September 14th 2010 - 03:57 UTC

S&P raises Argentina’s long term credit rating based on an improving economy

The Argentine economy is forecasted to expand 7% this year and 4.5% in 2011

Standard & Poor's raised on Monday its long-term foreign currency credit rating on Argentina by one notch, to B from B-minus, citing declining debt levels and an improving economy in 2010.

Tuesday, June 29th 2010 - 05:30 UTC

Brazil to implement new banking reserve requirements bases on Basel Index

The latest changes in the Index were agreed at the G-20

Brazil's government will implement new reserve requirements on credit operations undertaken by the nation's banks, in compliance with the latest changes in the Basel Index, by 2012, the Central Bank of Brazil said in a statement Monday.

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