Moody's Talks - Perspectivas Latinoamérica

Participants: 

• Ariane Ortiz-Bollin - Vice President - Senior Credit Officer, CSS, Moody’s Investors Service
• Valeria Azconegui - Head of Credit Standards, Moody's Local
• Eduardo Montes de Oca - Director - Regional Credit Officer, Moody's Local

Related Research:

• Domestic issuance in Latin America will continue to overshadow cross-border markets amid rate uncertainty (Moody's Local)

Participants: 

• Marcos Schmidt - Associate Managing Director, Moody’s Investors Service
• Barbara Mattos -  Senior Vice President, Moody's Investors Service
• Alexandre Albuquerque - Vice President - Senior Analyst, Moody's Investors Service
• Cristiane Spercel - Senior Vice President, Moody's Investors Service

Related Research:

• Governments, companies more financially constrained for strong El Niño than in 2016 (Moody's Investors Service)

Participants: 

• Ariane Ortiz-Bollin - Vice President - Senior Credit Officer, CSS, Moody’s Investors Service
• Martina Gallardo Barreyro - Vice President - Senior Credit Officer, Moody's Investors Service
• Alexandre Albuquerque - Vice President - Senior Analyst, Moody's Investors Service
• Adrian Garza - Vice President - Senior Credit Officer, Moody's Investors Service

Related Research:

• Governments, companies more financially constrained for strong El Niño than in 2016 (Moody's Investors Service)

Participants:

• Ariane Ortiz-Bollin, Vice President - Senior Credit Officer, CSS, Moody’s Investors Service
• Diego González, Assistant Vice President - Analyst, PPIF, Moody's Investors Service
• Maria del Carmen Martinez-Richa, Vice President - Senior Analyst, Sub sovereign, Moody’s Local
• Alfredo Coutiño, Economic Director LatAm, Moody’s Analytics

Related Research:

• Nearshoring boost manufacturing and real estate, but structural barriers limit potential (Moody’s Investors Service)
• Sub-Soberanos: Varios ganadores con la inversión de Tesla (Moody’s Local) 
   

Participants:

• Marcos Schmidt, Associate Managing Director, Moody’s Investors Service
• Barbara Mattos, Senior Vice President, Moody’s Investors Service
• Cristiane Spercel, Senior Vice President, Moody’s Investors Service
• Daniel Girola, Vice President - Senior Analyst, Moody’s Investors Service

Related Research:

• Emerging Markets – Latin America & Caribbean: Unsettled macro risks greater for consumer sectors than for exporters, utilities or banks

Participants:

• Ariane Ortiz-Bollin, Vice President - Senior Credit Officer, Moody’s Investors Service
• Ceres Lisboa, Associate Managing Director, Moody’s Investors Service
• Martina Gallardo Barreyro, Vice President - Senior Credit Officer, Moody’s Investors Service
• Adrian Garza, Vice President - Senior Credit Officer, Moody’s Investors Service

Related Research:

• Emerging Markets – Latin America & Caribbean: Unsettled macro risks greater for consumer sectors than for exporters, utilities or banks

Participants:

• Ariane Ortiz-Bollin, Vice President - Senior Credit Officer, Moody’s Investors Service
• Felipe Carvallo, Vice President - Senior Credit Officer, Moody’s Investors Service
• Marcelo De Gruttola, Vice President - Senior Analyst, Moody’s Investors Service
• Rodrigo Marimon, Analyst, Moody’s Investors Service

Related Research:

• Argentina: Weak operating conditions and high sovereign exposures drive negative outlook
• Brazil: Stable outlook backed by resilient credit fundamentals against rising asset risks
• Central America & Caribbean: Sound loan quality and steady funding drive a stable outlook for the region
• Chile: Solid credit fundamentals will balance out macro risks and strains on profitability
• Colombia: Sustained earnings and capital keep system stable against macro turbulence
• Mexico: Sound performance maintains stability despite economic imbalances
• Panama: Economic recovery limits asset risks, helps support profitability and stable outlook
• Paraguay: Steady profitability and contained asset risks in a recovering economy
• Peru: Sturdy profits and loan diversification mitigates political and asset risks
• Uruguay: Solid capital and earnings maintain stability as asset risks slowly rise
• Contagion effect of US bank closures will be limited for LatAm banks
• Banks – Mexico: How challengers are unlocking Mexico's underserved credit market
• Banking – Global: Fintechs lose financial footing, tipping scales in favor of incumbents, for now

Participants:

• Marcos Schmidt, Associate Managing Director, Moody’s Investors Service
• Alexandre Albuquerque, Vice President - Senior Analyst, Moody’s Investors Service
• Daniel Girola, Vice President - Senior Analyst, Moody’s Investors Service
• Lucas Viegas, Vice President - Senior Analyst, Moody’s Investors Service

Related Research:

• Brazil: Stable outlook backed by resilient credit fundamentals against rising asset risks
• Chile: Solid credit fundamentals will balance out macro risks and strains on profitability
• Colombia: Sustained earnings and capital keep system stable against macro turbulence
• Mexico: Sound performance maintains stability despite economic imbalances
• Peru: Sturdy profits and loan diversification mitigates political and asset risks
• Argentina: Weak operating conditions and high sovereign exposures drive negative outlook
• Panama: Economic recovery limits asset risks, helps support profitability and stable outlook
• Paraguay: Steady profitability and contained asset risks in a recovering economy
• Uruguay: Solid capital and earnings maintain stability as asset risks slowly rise
• Central America & Caribbean: Sound loan quality and steady funding drive a stable outlook for the region
• Contagion effect of US bank closures will be limited for LatAm banks
• Banks – Brazil: Surge in household debt burden will prolong asset risk pressures beyond 2023
• Banks – Brazil Pilot framework for Brazil's digital currency limits disintermediation risks

Moody’s analiza las implicaciones crediticias de los disturbios políticos y sociales en Perú, cómo se comparan con los eventos recientes en Brasil y las dificultades crediticias en Argentina.

Related  research:

• Government of Argentina: External market debt buyback amounts to a distressed exchange
• Government of Brazil: Brazil's political polarization is credit negative