search query: @indexterm FOREIGN BANKS / total: 230
reference: 16 / 230
| Author: | Celarier, M. |
| Title: | The quest for a new El Dorado |
| Journal: | Euromoney
1997 : SEP, 9, p. 209-210, 212, 214, 216, 218 |
| Index terms: | LATIN AMERICA ECONOMIC GROWTH INTERNATIONAL CAPITAL MARKET INTERNATIONAL BUSINESS FOREIGN BANKS RETAILING |
| Language: | eng |
| Abstract: | Foreign banks looking to diversify in international markets have pinpointed Latin America as the new growth area: They want a piece of the Latin America retail banking market, and are buying local banks at high prices. Whereas in the past they largely confined themselves to investment banking and elite customers they are now seeking to build broader retail operations either through outright purchases of local banks or buying large stakes in them. This race has sent the prices of even the insecure institutions to surprising levels. |
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