Best bank
Not awarded Best debt house
Deutsche Bank
The Argentine economy is in great shape, growing at a healthy pace with low inflation thanks to sound fiscal and monetary policies, high commodity prices, and the fact that the government is not servicing a hundred billion dollars or so in external debt.
But the banking system is paralysed. It is taking deposits, but there is essentially no lending, and the system as a whole remains insolvent. Tough decisions on the degree to which the banks will be bailed out by the government have yet to be made.
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