Awards for Excellence 2016
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There has been a pronounced trend for pan-regional banking franchises in central America and the Caribbean in recent years. Local and regional banks are using the exit of universal banks such as Citi and HSBC to consolidate. This competition for regional platforms is good news for the individual economies, many of which have in the past had a myopic focus on the US for developing business and trade. Deepening financial ties within the region offers pan-regional growth as another strategy.
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