Colombia is the fifth-largest insurance market in Latin America by premiums collected. However, it features weak penetration and density – measures of premiums compared to the size of the economy and the population, respectively – compared to other large markets in the region. Nonetheless, the fact that the country has been able to weather the recent economic storms better than many in the...
Although the Colombian economy has been affected by a slowdown in recent years, the country’s banking sector has remained resilient. The majority of the impact has been felt in the external sector, particularly due to changes in the foreign exchange rate. Meanwhile, lending growth remained relatively strong until mid-2016, when the combined effects of weak investment and higher interest rates...
Banking in Kuwait is undergoing a digital transformation, as the state’s strongest non-oil economic sector increasingly moves to meet demand from a young, tech-savvy population.
Articles & Analysis | Consumer goods from The Report: Peru 2017
Grupo Romero’s Alicorp is the largest consumer goods company in Peru. Over the approximately 60 years it has been in business, Alicorp has grown through several merger and acquisition transactions with other local firms. The company currently has clear market leadership in most of the key categories it competes in. Alicorp’s revenue comes...
Articles & Analysis | Government bonds from The Report: Peru 2017
With a rating of “BBB+/A3”, Peru has solid economic fundamentals to support its bond market. The country is a leader in terms of economic growth in South America, has strong macroeconomic balances, low public debt, a robust financial system, low country risk metrics and a broad portfolio of infrastructure projects.
Articles & Analysis | Recent and upcoming reforms transforming capital markets in Peru from The Report: Peru 2017
Broadly speaking, the government of President Pedro Pablo Kuczynski has been working on two broad categories of capital market reform. The first is a series of changes introduced during the 90-day period running up to January 2017, when the president had special fast-track authority to approve decree laws. Among the 112 measures announced in...