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Central America Central Bank News is an EIN News Service for banking industry professionals. Constantly updated news and information about Central America Banking.
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  • UPDATE 1-Mexico early-Nov inflation cools, eases rate pressure 24 Nov 2009 16:17 GMT
    ... (Rewrites throughout; adds economist's quote, falling prices) MEXICO CITY, Nov 24 (Reuters) - Mexico's annual ... half in early November, easing pressure on central bank Governor Guillermo Ortiz to raise interest ...

  • The Economic Crisis and What Must be Done 24 Nov 2009 11:51 GMT
    ... The United States does not control its own destiny. Rather ... an international financial elite, of which the American branch works out of big New York ... A key date was passage of the National Banking Act of 1863, when the system ...

  • Mexico's Comerci Fined Over Derivatives Trades 24 Nov 2009 09:06 GMT
    ... It was the biggest fine Mexico has ever imposed against a company for ... markets, Guillermo Babatz, the head of the National Bank and Securities Commission, told Reuters. "We ...

  • Mobile Banking the Answer for Africa's Unbanked - MXit 24 Nov 2009 08:45 GMT
    ... Mobile Banking the Answer for Africa's Unbanked - MXit Copyright ... South Africa's leading banks. We've offered First National Bank (FNB) and Standard Bank clients the ability to ... South East Asia, Latin America and the Caribbean. Its growth and success is firmly based ...

  • Mexico Peso to Gain Up to 20% After Fitch Downgrade, Pimco Says 24 Nov 2009 05:16 GMT
    ... 2000 became the second country in Latin America to win an investment-grade rating as the North American ... cost than countries with lower ratings, including Panama, Brazil and Peru. The cost of protecting ... most since the 1930s, according to the central bank. Oil, which funds 38 percent of ...

  • Freestyle means fun, creativity 24 Nov 2009 04:30 GMT
    ... Special to the Avalanche The 18th annual 4-H Open Freestyle Reining ... Hamby and her horse Classy doing the “Mexican Hat Dance.” The “Best Adaptation of Screen ... of the belt buckle sponsored by Marfa National Bank in the pee-wee division was Quenten ...

  • New Central Bank Governor to address public on countercyclical measures 24 Nov 2009 03:12 GMT
    ... New Central Bank Governor to address public on countercyclical measures 11/24/2009 ... to note that earlier this year the Caribbean Centre for Money and Finance (CCMF), previously ... countries as well as others in Latin America had gone that route, some with limited ...

  • Goldman's Leme Calls Mexico Downgrade 'Unnecessary' 24 Nov 2009 03:05 GMT
    ... Group Inc.’s called Fitch Ratings’s downgrade of Mexico “unnecessary roughness,” saying the decision ignored the ... “It’s what we call unnecessary roughness in American football,” Leme, Goldman’s chief Latin America economist ... most since the 1930s, according to the central bank. Oil, which funds 38 percent of ...

  • TAKE-A-LOOK: World stocks rise, gold sees new record 24 Nov 2009 01:53 GMT
    ... but activity guage falls > Fitch downgrades Mexico credit rating due lack of reforms > ... for plan on global imbalances > Dutch central bank worries about deficits, US dollar > ...

  • Philippines-Market factors to watch - Nov 24 24 Nov 2009 01:04 GMT
    ... bond issues, a senior official from the central bank said. (MANILA STANDARD TODAY, MANILA BULLETIN) ... weaker dollar > Emerging markets mixed, eye Mexico downgrade > FTSE breaks losing streak, banks, ...

  • Stocks Gain Around World on Growth Outlook as Dollar, Yen Drop 23 Nov 2009 22:55 GMT
    ... more than forecast and speculation grew that central banks will keep interest rates near record ... the lowest level since August 2008. South Africa’s rand was the biggest winner versus the ... Fed president, said he favors the U.S. central bank seeking authority to continue buying mortgage-backed bonds ...

  • Mexico's Credit Rating Cut by Fitch as Oil Output Drop Swells Budget Gap 23 Nov 2009 19:04 GMT
    ... Carlos Manuel Rodriguez Nov. 23 (Bloomberg) -- Mexico’s credit rating was cut by Fitch Ratings ... 2000 became the second country in Latin America to win an investment grade as the North ... most since the 1930s, according to the central bank. Oil, which funds 38 percent of ...

  • Fitch Downgrades Mexico's Foreign Currency Rating to 'BBB'; Outlook Stable 23 Nov 2009 17:50 GMT
    ... Fitch Downgrades Mexico's Foreign Currency Rating to 'BBB'; Outlook Stable ... scale of foreign exchange intervention by the Central Bank of Mexico in response to distress ...

  • Stocks, Commodities Gain on Growth Outlook; Dollar, Yen Decline 23 Nov 2009 17:34 GMT
    ... more than forecast and speculation grew that central banks will keep interest rates near record ... the lowest level since August 2008. South Africa’s rand was the biggest winner versus the ... Fed president, said he favors the U.S. central bank seeking authority to continue buying mortgage-backed bonds ...

  • Turning 50, Cuba film institute still shines, with or without Castro's help 23 Nov 2009 17:30 GMT
    ... Turning 50, Cuba film institute still shines, with or without ... tapped Che Guevara as head of the National Bank and claimed he was no communist ... were always operating on some sort of allegorical level. I think there is a balance ...


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