In their rush to get into Latin America, international banks have tended to skip over the isthmus and head straight into the southern cone. “Until the Goldman Sachs and Morgan Stanleys of this world start writing research about Central America we won’t see many international investors coming in,” suggests one local banker.
The region has undoubtedly suffered from the withdrawal of many foreign banks during the turbulent mid-1980s, banks that are only now starting to trickle back.
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