Inside LatAm 2019 - Bolivia

Tuesday, April 2, 2019

April 2019

Briefing

Inside LatAm 2019 - Bolivia

Bolivia Outlook for 2019 and Beyond

Tuesday, 21 may 2019
Lotte hotel seoul

Inside LatAm 2019 - Bolivia

Bolivia Outlook for 2019 and Beyond
Tuesday, April 2, 2019
April 2019
Hotel Europa
La Paz

Inside LatAm 2019 - Bolivia

Bolivia Outlook for 2019 and Beyond

Tuesday, April 2, 2019
April 2019
Hotel Europa
La Paz

Inside LatAm 2019 - Bolivia

Bolivia Outlook for 2019 and Beyond

Tuesday, April 2, 2019
April 2019
Hotel Europa
La Paz
La Paz

Overview

Moody's Inside LatAm Series brings over 2,000 leading market participants together in 8 countries across the region. Our events provide critical insights, from the prospects of the local markets to the impact of emerging global issues on credit risk.
From banking trends to challenges in local capital market development, the Inside LatAm Series: 2019 Bolivia Briefing, will provide insights into what's expected to impact credit across multiple sectors.
Please follow this link to register.

<div class="style-guide-placeholder"><div class="custom-wrapper-alt latamblue"><div class="custom-container w-container"><h2 class="explore-heading alt latamblue">Why Attend?</h2><div class="custom-fa-wrapper"><div class="custom-item-holder latamblue"><div class="custom-icon-fa alt latamblue"><br></div><div class="custom-item-text-holder latamblue"><h1 class="custom-item-heading alt latamblue">Discover</h1><p class="custom-item-para alt latamblue">Discover fresh perspectives on the credit markets.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa alt latamblue"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt latamblue">Analyze</h1><p class="custom-item-para alt latamblue">Analyze which trends will have the most significant impact in the year ahead.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa alt latamblue"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt latamblue">Network</h1><p class="custom-item-para alt latamblue">Network with the top Moody's analysts and key market participants.</p></div></div></div></div></div></div>

Agenda

8.00 AM   Registration and Coffee

8.30 AM   Welcome Remarks

Renzo Barbieri O'Hara, Director Gerente General, Equilibrium

8.45 AM   Bolivia’s Sovereign Credit Profile  

  • Key drivers of Bolivia's rating
  • What credit challenges lie ahead?

William Foster, Vice President-Senior Credit Officer, Moody’s Investors Service

9.15 AM   Outlook & Trends of the Bolivian Banking System

  • Overview of the Bolivian Financial System
  • Correlation of the results of the System with the economy growth and changes in the regulation
  • Financial ratios: main challenges
  • Outlook 2019

Leyla Krmelj Alarco, Credit Analysis Director,Equilibrium

9.45 AM    Local Capital Market Development

  • General Overview and main changes in the Bolivian regulation
  • Challenges of Local Capital Market Development

Moderator

  • Roxana Cornejo, Head of Corporate Analysis, Equilibrium

Speaker

  • Carola Blanco, Executive President, Panamerican Securities S.A. - Agencia de Bolsa

10.05 AM Networking Break

10.25 AM  Performance of Mutual Funds in Bolivia

  • What do we take into consideration when we rate Mutual Funds?
  • Challenges and Perspectives of the Industry
  • Moody’s View on  Latam Mutual Fund Industry
  • Moody´s Latam Regional View & Perspective
  • Latam Fintech impact in the regional MF industry

Jaime Tarazona, Associate Analyst, Equilibrium

Carlos de Nevares, Vice President - Senior Analyst, Financial Institutions Group, Moody’s Investors Service

10.50 AM Financial Institutions: Regional Overview

Regional Trends

  • Impact of economic growth expectations and political risks in the operating environment
  • Lending and funding prospects
  • Insurance penetration trends
  • Are Fintechs a threat for brick-and-mortar financial institutions?

Marcelo De Gruttola, Assistant Vice President-Analyst, Moody’s Investors Service

11.30 AM Concluding Remarks

Renzo Barbieri O'Hara, Director Gerente General, Equilibrium

11.35 AM  Conclusion

Moody's Speakers

William Foster

Vice President - Senior Credit Officer

Moody's Investors Service

Moody's Investors Service

Vice President - Senior Credit Officer

William Foster

William (Bill) Foster is a Vice President-Senior Credit Officer in Moody’s Sovereign Risk Group in New York, where he serves as lead analyst on the United States, Canada, India, Kazakhstan, Sri Lanka and World Bank Group credits. Bill joined Moody’s in August 2016, following 10 years at the U.S. Department of the Treasury. He most recently served as Senior Advisor for International Financial Markets based in New York, where he was the Office of International Affairs’ first dedicated liaison to New York’s international financial community.

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Carlos de Nevares

Vice President - Senior Analyst, , Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Vice President - Senior Analyst, , Financial Institutions Group

Carlos de Nevares

Carlos is an AVP Analyst for the Managed investments Group. He joined Moody´sin 2001. Until 2004 he worked as an AA insurance Analyst and then he became the Lead Analyst for Mutual Funds in Argentina and Bolivia.‍ He is a highly experienced finance professional with broad knowledge in emerging market economics andbond fund analysis, with a focus on Latin America Financial Industry and with a high expertise in communicating market developments toregional clients. Carlos covers and manages Credit and market risk over 60 LatamAsset Managers; he is the Mutual Funds Analyst from Argentina, Brazil, Bolivia, & México and oversees the Management Quality assessment for over 25 Brazilian Fund Advisories.

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Marcelo De Gruttola

Assistant Vice President-Analyst

Moody's Investors Service

Moody's Investors Service

Assistant Vice President-Analyst

Marcelo De Gruttola

Based in Buenos Aires, Marcelo De Gruttola joined Moody’s Investor Service in 2016 as AVP Analyst of Financial Institutions, focused on Banking and Insurance. Marcelo has a degree in Economics from Universidad de Buenos Aires, after which he attended Masters courses in Finance and Risk Management, and is currently doing an MBA programme in Universidad Torcuato Di Tella. Prior to joining Moody’s, he led the Financial Planning and Analysis team of the Argentine branch of an international insurance company.

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Jaime Tarazona

Associate Analyst

Equilibrium Clasificadora de Riesgo

Equilibrium Clasificadora de Riesgo

Associate Analyst

Jaime Tarazona

Basado actualmente en Lima, es responsable de liderar el equipo que realiza seguimiento a los fondos abiertos de inversión de Perú y Bolivia, así como de administradoras de fondos de pensiones y cesantías en Panamá. Adicionalmente, se desempeña como Miembro Alterno de Comité de Clasificación y tiene a su cargo un portafolio de empresas vinculadas a los sectores de banca múltiple, energía, hidrocarburos y construcción. Economista por la Universidad Católica del Perú, en donde realiza funciones de docencia.

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Leyla Krmelj Alarco

Credit Analysis Director

Equilibrium

Equilibrium

Credit Analysis Director

Leyla Krmelj Alarco

Licenciada en Economía y Negocios Internacionales de la Universidad San Ignacio de Loyola (Lima, Perú). Master of Business Administration (EMBA) de la Escuela de Negocios de la Universidad Adolfo Ibañez (Miami / Chile). A la fecha soy Directora de Análisis Crediticio en Equilibrium Clasificadora de Riesgo, supervisando al equipo de analistas que ver operaciones en Perú, Bolivia y Panamá. Soy miembro titular del Comité de Clasificación para los tres países. Amplio conocimiento y capacidad de análisis de diversos sectores de la economía, incluyendo entidades financieras y fondos. Anteriormente me desempeñé como Jefe de Análisis Financiero en la misma clasificadora, habiendo estado a cargo de la supervisión del equipo de analistas que evaluaban empresas reguladas por la Superintendencia de Bancos, Seguros y AFPs en Perú, así como fondos mutuos y fondos de inversión. Inicié mi carrera en la Clasificadora en el 2007 como Analista. En total sumo más de 17 años de experiencia profesional.

Read Full Bio

Additional Information

Should you have any questions, please email Ivette Lopez-Ruiz.

Inside LatAm 2019 - Bolivia

Bolivia Outlook for 2019 and Beyond

April 2019
Tuesday, April 2, 2019
Hotel Europa
La Paz
Moody's Inside LatAm Series brings over 2,000 leading market participants together in 8 countries across the region. Our events provide critical insights, from the prospects of the local markets to the impact of emerging global issues on credit risk.
From banking trends to challenges in local capital market development, the Inside LatAm Series: 2019 Bolivia Briefing, will provide insights into what's expected to impact credit across multiple sectors.
Please follow this link to register.

<div class="style-guide-placeholder"><div class="custom-wrapper-alt latamblue"><div class="custom-container w-container"><h2 class="explore-heading alt latamblue">Why Attend?</h2><div class="custom-fa-wrapper"><div class="custom-item-holder latamblue"><div class="custom-icon-fa alt latamblue"><br></div><div class="custom-item-text-holder latamblue"><h1 class="custom-item-heading alt latamblue">Discover</h1><p class="custom-item-para alt latamblue">Discover fresh perspectives on the credit markets.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa alt latamblue"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt latamblue">Analyze</h1><p class="custom-item-para alt latamblue">Analyze which trends will have the most significant impact in the year ahead.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa alt latamblue"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt latamblue">Network</h1><p class="custom-item-para alt latamblue">Network with the top Moody's analysts and key market participants.</p></div></div></div></div></div></div>
Agenda

8.00 AM   Registration and Coffee

8.30 AM   Welcome Remarks

Renzo Barbieri O'Hara, Director Gerente General, Equilibrium

8.45 AM   Bolivia’s Sovereign Credit Profile  

  • Key drivers of Bolivia's rating
  • What credit challenges lie ahead?

William Foster, Vice President-Senior Credit Officer, Moody’s Investors Service

9.15 AM   Outlook & Trends of the Bolivian Banking System

  • Overview of the Bolivian Financial System
  • Correlation of the results of the System with the economy growth and changes in the regulation
  • Financial ratios: main challenges
  • Outlook 2019

Leyla Krmelj Alarco, Credit Analysis Director,Equilibrium

9.45 AM    Local Capital Market Development

  • General Overview and main changes in the Bolivian regulation
  • Challenges of Local Capital Market Development

Moderator

  • Roxana Cornejo, Head of Corporate Analysis, Equilibrium

Speaker

  • Carola Blanco, Executive President, Panamerican Securities S.A. - Agencia de Bolsa

10.05 AM Networking Break

10.25 AM  Performance of Mutual Funds in Bolivia

  • What do we take into consideration when we rate Mutual Funds?
  • Challenges and Perspectives of the Industry
  • Moody’s View on  Latam Mutual Fund Industry
  • Moody´s Latam Regional View & Perspective
  • Latam Fintech impact in the regional MF industry

Jaime Tarazona, Associate Analyst, Equilibrium

Carlos de Nevares, Vice President - Senior Analyst, Financial Institutions Group, Moody’s Investors Service

10.50 AM Financial Institutions: Regional Overview

Regional Trends

  • Impact of economic growth expectations and political risks in the operating environment
  • Lending and funding prospects
  • Insurance penetration trends
  • Are Fintechs a threat for brick-and-mortar financial institutions?

Marcelo De Gruttola, Assistant Vice President-Analyst, Moody’s Investors Service

11.30 AM Concluding Remarks

Renzo Barbieri O'Hara, Director Gerente General, Equilibrium

11.35 AM  Conclusion

Featured Speakers

Carola Blanco
CEO

Panamerican Securities S.A

CEO
Carola Blanco

Panamerican Securities S.A

Moody's Speakers

William Foster
Vice President - Senior Credit Officer

Moody's Investors Service

Carlos de Nevares
Vice President - Senior Analyst, , Financial Institutions Group

Moody's Investors Service

Marcelo De Gruttola
Assistant Vice President-Analyst

Moody's Investors Service

Jaime Tarazona
Associate Analyst

Equilibrium Clasificadora de Riesgo

Leyla Krmelj Alarco
Credit Analysis Director

Equilibrium

Should you have any questions, please email Ivette Lopez-Ruiz.