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Brazilian Lender Readies FIDC

Aug 1, 2011

Banco Intermedium is preparing a BRL150m ($94m) FIDC transaction backed by credit receivables from government...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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