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Juan Fullaondo Scotiabank Juan Fullaondo is a managing director and head of Latin America debt capital markets at Scotiabank. Prior to joining Scotiabank, Fullaondo was co-head of LatAm DCM at HSBC, where he oversaw local and cross-border bond operations for Mexican and other Latin American issuers. He has also worked as head of investment banking at brokerage IXE and at Serfin’s debt capital markets division. Antonio Gutierrez Lozano Scotiabank Colpatria Antonio Gutierrez Lozano is the he
The IFR Colombia Capital Markets Roundtable took place on August 5, just as the country’s Congress was considering a tax reform bill expected to bring in Ps15trn (US$4bn) a year into the government’s coffers. The new law, however, was a watered-down version of earlier plans that would have brought in 50% more in tax receipts. Initial plans were met with violent street protests and the resignation of the economy minister. The updated bill targets companies, rather than the consumer, h
Cesar Arias, from the Ministry of Finance & Public Credit, kicked off the roundtable with an overview of the impact of Covid-19 on the Colombian economy and the government’s response to those issues. The impact was most acute in three areas, according to Arias: poverty increased by 10 percentage points, which brought with it all the social tensions associated with an increase in impoverishment; unemployment, already a well-established double-digit feature in Colombia’s economy be
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