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Peru’s New Requirements For Banks In 2011

Peru’s New Requirements For Banks In 2011

January 2, 2011 No Comments

Everybody makes changes for the New Year and some are more influential than others. Peru has chosen to extend domestic lender reserve requirements to overseas bank units. “The measures adopted by the central bank are aimed at preventing the undesirable effects of short-term capital inflows in a context of exceptionally low interest rates in the ...

Strong growth for banks in developing countries

Strong growth for banks in developing countries

October 24, 2010 No Comments

Economy and banks are thriving in a booming developing world. The big U.S. banks JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup are locked out of the world’s fastest-growing banking markets, specifically Asia. The U.S. as well as the European banking markets are tending to be two of the slowest growing ones. Analysts say ...