banking

Brazil

Brazil Is Holding Its Rate at 13.75 Per Cent and Calls It Substantially Contractionary. The Minutes Say the Bank Will Not Respond to the Supply Shock Itself.

The Banco Central do Brasil published the minutes of its 282nd Copom meeting on 10 November 2026. The Selic rate stays at 13.75 per cent, which the Committee calls substantially contractionary. Inflation is above the tolerance ceiling, and the bank will not respond to a supply shock's first round.

Nov 11, 2026 Theon Alleyne

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Brazil

Brazil Made R$100 Billion Available to Renegotiate Farm Debt. R$23 Billion Has Moved, and the Fix Changes the Test, Not the Money.

Brazil's Camara dos Deputados approved the rural debt measure on 10 November 2026 as a conversion bill. Of the R$100 billion made available to the banks, about R$23 billion has been renegotiated. The relator blames the eligibility test, and the bill loosens it without adding money.

Nov 11, 2026 Theon Alleyne

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Compliance

Paraguay Paid 1.2 Million Depositors in Six Days. The Money Above the Ceiling Is Now Being Chased in Three Countries.

Paraguay's public prosecutors said on 9 November 2026 they have asked the United States, Luxembourg and Argentina to locate and secure assets from the ueno bank collapse. The Central Bank says 1.2 million depositors have recovered US$168 million.

Nov 10, 2026 Theon Alleyne

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Paraguay

Paraguay's Deposit Guarantee Stops at About US$38,600. Itaipú Had US$182.5 Million in the Bank.

About US$850 million of Paraguayan public money sat in ueno bank when it was dissolved on 2 November 2026. Itaipú filed a criminal complaint on 7 November, the pension fund is the largest single holder, and the Senate removed President Santiago Peña four days after the bank was dissolved.

Nov 09, 2026 Theon Alleyne

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Business

The Dominican Central Bank Handled 93 Per Cent of Spot Dollar Trades in 2019 and About 10 Per Cent Now. Trinidad and Guyana Still Decide Who Gets Them.

The Dominican Republic's central bank said on 4 November that its share of spot dollar trading has fallen from 93.06 per cent in 2019 to about a tenth. It publishes the wholesale rate twice a day. Trinidad runs a screened window, and Guyana publishes no equivalent share.

Nov 07, 2026 Theon Alleyne

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Business

A Three-Month Government Treasury Bill Pays a Bank 1.10 Per Cent in Guyana and 6.43 in Jamaica. Banks in Both Countries Buy More Paper Than They Lend.

The Bank of Jamaica sold three-month Treasury bills on 4 November at an average yield of 6.43 per cent. The same instrument pays a Guyanese bank 1.10. Parking clears a Guyanese bank 0.29 points over what it pays savers, and a Jamaican bank 4.33.

Nov 07, 2026 Theon Alleyne

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Business

Republic Bank Lent G$34.6 Billion of the G$55.1 Billion It Took In. A Year Earlier It Put More Into Treasury Bills Than Into Loans.

Republic Bank (Guyana) Limited's audited accounts for the year ended 30 September 2026 show 62.8 per cent of the year's new deposits going out again as loans. A year earlier the bank added G$1.57 of government paper for every dollar it lent. EY signed on 27 October.

Nov 07, 2026 Theon Alleyne

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Business

Guyana's Banks Earn 7.85 Per Cent Lending and 1.10 on Government Bills. All Six Hold Money Abroad.

The Bank of Guyana publishes what banks earn. Lending pays them about seven times what a short-term government bill pays. Every one of the country's six commercial banks also holds money outside Guyana, where it pays about four times the home rate.

Nov 07, 2026 Theon Alleyne

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Business

Bank of Baroda Bought G$7.22 Billion of Guyana Treasury Bills and Lent G$2.55 Billion. Agriculture Fell to 1.1 Per Cent of Its Loan Book.

Bank of Baroda (Guyana) Inc.'s audited accounts for the year ended 31 March 2026 show new holdings of Government of Guyana Treasury bills running at 2.83 times new lending. Agriculture fell 19.9 per cent to 1.1 per cent of the loan book. Mortgages are 57.9 per cent of it.

Nov 07, 2026 Theon Alleyne

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Business

Every Licensed Bank in Guyana Is Bound by Paragraph 52. The Guyana Development Bank Is Not.

The Guyana Development Bank opened in October 2026 outside the statute that carries the Bank of Guyana's collateral rule. Its own Act, at section 32, exempts it from the Financial Institutions Act. The rule six Georgetown Chamber presidents have contested since 2014 therefore does not reach it.

Nov 07, 2026 Theon Alleyne

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Business

Mortgages Took 36.5 Per Cent of Guyana's New Credit. Builders Took 1.8.

Private sector credit in Guyana rose G$155,671 million between 2023 and 2025 on Bank of Guyana figures. Real estate mortgages took more than a third of it, and construction and engineering one dollar in every fifty-five. Customer deposits stood at 202.4 per cent of the loan book.

Nov 07, 2026 Theon Alleyne

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Business

A Furniture Exporter Asked Why Small Businesses Cannot Open US Dollar Accounts. Guyana's Central Bank Governor Asked Why She Wanted One.

At a Georgetown banking forum on 26 November 2024, Bank of Guyana Governor Dr Gobind Ganga questioned why a furniture exporter wanted a US dollar account. Guyana sits outside the pilot group for the CARICOM payment system, and the Fast Pay launch set for 2 June 2026 remains unconfirmed.

Nov 07, 2026 Theon Alleyne

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