Starting next week, submitting Obituaries, In Memoriams or Cards of Thanks for our publications and online becomes easier! Simply visitSTORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Natalia A. Ramos Miranda
The bank pointed to the South American country's commercial, construction and real estate sectors as having fallen behind, which it said had elevated the possibility of defaults."The external scenario continues to be the main source of risks for local financial stability," according to the bank. Meanwhile, the finances of local companies and individuals had broadly improved, it said in a half-year stability report.
Household finances were overall seen stabilizing thanks to rising incomes and smaller financial burdens, according to the report. It also flagged risks including from uncertainty regarding U.S. monetary policy and rising global debt.