Article: Peru: Banco del Pichincha increased local market share.

Peru, Jun 5, 2001

Banco del Pichincha, Ecuador's biggest private bank, increased its market share in Peru to 4% by acquiring NBK Bank. The acquisition was carried out through the Peruvian branch Banco Financiero. Banco del Pichincha previously held 2% of the local banking market. NBK Bank will be audited within the next 45 days and after that ...

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