Peru’s Path Forward: Navigating Political, Economic, and Global Dynamics

Analysis Type: Financial Advisor

Will Argentina’s Banking Sector See Higher Profits?

Argentina’s Banco Macro in May approved a plan to sell 74 million shares in order to raise enough capital to buy Banco Patagonia, which has a market value of approximately $1.97 billion, and which Banco do Brasil currently owns. To what extent is the development indicative of a trend of consolidation in Argentina’s banking sector?

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