The money network:

The money network:

Why crowdfunding threatens traditional bank lending

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

July 2006

Argentina



Bahamas I Bardados I Bermuda I Dominician Republic I Jamaica I Trinidad & Tobago I Costa Rica I El Salvador I Guatemala I Honduras I Nicaragua I Panama I Argentina I Bolivia I Brazil I Chile I Colombia I Ecuador I Mexico I Paraguay I Peru I Uruguay I Venezuela

Argentina’s banking landscape has undergone tremendous change following the 2001/02 financial crisis. The departure of foreign institutions, such as Scotiabank, has allowed some local players to take advantage and enhance their position. Banks that were previously considered second tier are now competing with stalwarts such as Banco Río, BBV Banco Francés and Banco Galicia. One such bank is Banco Macro Bansud. Founded in 1995 as Banco Bansud, the bank has...


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