|
|
Article: Americas: Top 100 Banks In Central America - Consolidation Fervour Goes On - M&As Have Further Cut The Number Of Rankable Entries In Our Listing, Which Remains Dominated By Panama.
- Article from:
- The Banker
- Article date:
- March 1, 2007
CopyrightCOPYRIGHT 2007 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
An increasing number of domestic and cross-border mergers and acquisitions may make this year's Top Central American banks listing the last to be a Top 100 as the number of standalone banks in the region falls. The establishment of bank holding companies for the BAC group and the Cuscatlan group in Panama and their regulation on a consolidated basis significantly reduced the number of banks available to populate last year's list. Continued acquisitions, such as that of Banco Salvadoreno by Primer Banco del Istmo (Banistmo) in October 2005, and that of Banco de Comercio de El Salvador by Scotiabank El Salvador in May of the same year, has continued the erosion of ...
Related newspaper, magazine, and journal articles:
|
|
Article: Panama, El Salvador Satisfied with Free ...
Xinhua News Agency;
January 14, 2002 ;
350 words
...Panama and El Salvador announced here on Sunday ... of the negotiations. Panama and El Salvador are expected to officially ... the trade talks with Panama, whose exports to and imports from El Salvador amounted to 9 million ...
|
|