According to Fitch Ratings

Colombia’s Move Toward Basel III Could Boost Capital

Date:

Colombia's Move Toward Basel III Could Boost Capital

Author: Alicia Miguel

  1. Colombia's Ministry of Finance released a framework for new bank capital securities that will open the door for local banks to issue new loss absorbing securities, according to Fitch Ratings
  2. Currently within Latin America, only Mexican and Brazilian banks operate under a regulatory framework that allows the issuance of new Basel III-compliant securities