In a league of its own

Scaling up: Peru's fishing industry is a sector that is drawing in foreign investmentScaling up: Peru's fishing industry is a sector that is drawing in foreign investment

Political and economic turbulence has long afflicted Peru's reputation, but having finally found a way of using its natural resources to the country's best advantage, the scale of its rising prosperity has international investors excited. Writer Silvia Pavoni

Julio Velarde

Julio Velarde, Governor of Peru's Central Reserve BankJulio Velarde, Governor of Peru's Central Reserve Bank

The governor of Peru's Central Reserve Bank tells The Banker how the country has sustained growth in the face of global turmoil - and why it will be prepared for any further shockwaves in the shape of a European sovereign debt crisis. Writer Silvia Pavoni

Bond boom fires up Latin America

Gerdau steel plant in Brazil: issued a $1.25bn investment grade bond in NovemberGerdau steel plant in Brazil: issued a $1.25bn investment grade bond in November

With bank lending drying up last year, many Latin American corporates turned to the bond market to strengthen their cash positions. The resulting boom has instilled a sense of confidence in the region, with firms in Brazil, Mexico and Colombia leading the way. Writer Jason Mitchell

Luis Carranza

Luis Carranza, Peru's finance ministerLuis Carranza, Peru's finance minister

Peru's finance minister talks about his commitment to a market-led economy and discusses the policies which he believes will transform the country into a major player on the world stage. Writer Jason Mitchell

On the brink

Good neighbours: Colombian president Alvaro Uribe (left) shakes hands with Peruvian president Alan GarciaGood neighbours: Colombian president Alvaro Uribe (left) shakes hands with Peruvian president Alan Garcia

While the Western world has been struggling through the global financial crisis, Latin America has shown a remarkable resilience to the upheaval. Two countries in particular - Colombia and Peru - are showing particularly impressive growth, and look set to become important emerging economies. Writer Jason Mitchell

Winners and Losers in LATAM

Nick Rischbieth, president of the Central American Bank for Economic IntegrationNick Rischbieth, president of the Central American Bank for Economic Integration

Some of the multilateral development banks in the Latin Americas region are proving stellar sources of funding at this time of crisis, although others are lagging behind with depleted reserves. Writer Jane Monahan

Banking with a common touch

Juan José Marthans, head of Peru’s banking superintendency

Bankers agree on the need to broaden client bases away from high-income groups, where the market is saturated, to lower income groups. Jane Monahan in Lima reports.

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