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At the end of 2008, the government decided to loan France's six largest banks €21 billion in two tranches, at an interest rate of 8%, to enable them to continue to play their role in the economy. Crédit Agricole did not take part in the second tranche [24] and repaid the government in October 2009. Crédit Agricole's crisis exit strategy was ...
BancoEstado is regulated mainly by the provisions of the Organic Law of the Bank of the State of Chile (Ley Orgánica del Banco del Estado de Chile), which defines the bank as an autonomous state-owned company with separate legal personality and its own assets, supervised exclusively by the Bank and Financial Institution Board (Superintendencia de Bancos e Instituciones Financieras).
The bank soon opened branches elsewhere in Argentina, and it changed its name in 1865 to the London and River Plate Bank (Banco de Londres y Río de la Plata). The bank expanded over the years to have operations in Uruguay, Brazil and Chile. [2] In 1918, it was acquired by Lloyds Bank Limited.
Banco Hispano Americano (BHA) was a private Spanish bank that operated during most of the 20th century, becoming one of the most important financial institutions in the country. The activities of the Hispano Americano were not limited to the financial sector and it also had a prominent presence in the industrial sector through various investments.
In November 1996, Banco Provincial became the first universal bank in Venezuela by expanding its business objectives to include activities of specialized banking. In 1997, Spain’s Banco Bilbao Vizcaya (now Banco Bilbao Vizcaya Argentaria) acquired the majority of shares as a strategy of expansion into Latin America. BBVA's entry in Venezuela ...
Modern agribusiness production systems are capital intensive. A large portion of capital used in agribusiness is borrowed. The agrarian credit system in Russia goes back to 1882 when the first specialized banks –‘Peasant Land Bank’ and ‘Gentry Land Bank’ – were established.
Instituto de Economia Agrícola. The Instituto de Economia Agrícola (IEA - Agricultural Economics Institute), linked to the Agência Paulista de Tecnologia dos Agronegócios (APTA) is a major public scientific research institute on economics and statistics applied to agricultural and farming questions, established in São Paulo, Brazil.
Banco del Café (English: Bank of the Coffee), commonly known as Bancafé, was a bank in Guatemala that collapsed because of bad loans and panicked withdrawals set off by an investigation by Guatemala's Superintendencia de Bancos in 2006. This eventually brought the bank down.