February 14, 2020 / 6:31 PM / 10 days ago

Brazil's BTG Pactual to request banking license in Colombia this year -CEO

SAO PAULO, Feb 14 (Reuters) - Banco BTG Pactual SA , Latin America’s largest independent investment bank, will apply this year for a banking license in Colombia, Chief Executive Officer Roberto Sallouti told journalists on Friday.

BTG already owns a brokerage in Colombia and intends to expand its activities in the country and also in Chile, where the bank is having good results, Sallouti added. (Reporting by Carolina Mandl Editing by Chris Reese)

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