October 6, 2017
LatAm development banks are preparing solutions to mobilize more private capital in Brazil now that its national development bank BNDES has decreased its overall exposure to subsidized lending.
Basel III requirements have not only limited commercial banks' lending capacity, but also reminded developers of the refinancing risks involved.
Despite the gradual easing of monetary policy and lower inflation, the large majority of PPP contracts are denominated in local currency, while previous hiccups
Basel III limits commercial banks' long-term lending capacity, pushing the IIC and OPIC to navigate new structures