Latin America: Banks get the measure of a regional presence

As Latin America’s local markets develop strongly, banks are still figuring how best to cover them. Should they buy a target, grow organically or even consider a local tie-up? And which markets should they be present in? Sudip Roy reports.

ASK ANY INVESTMENT bank how they view their strategy towards Latin America and the answer is usually the same: we are a pan-regional player, they say. Delve a bit deeper, though, and it’s clear that, with one or two exceptions, no bank has a critical mass across the entire region. Yet as the development of Latin America’s local markets kicks on apace, the leading houses are assessing how best to tackle that growth.

Over the past 12 months, there have been several examples of banks in the region trying to position themselves to take advantage of the budding financial opportunities.

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