Tag: credit operations

• Tuesday, September 14th 2010 - 03:57 UTC

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

  

  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

  

  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.