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Bolivia’s BMSC Ready for Challenge

Nov 26, 2008

Banco Mercantil Santa Cruz (BMSC), Bolivia’s biggest bank, says it is up to the challenge of deteriorating global markets conditions, and remains optimistic about short-term prospects. “We are fairly prepared,” Alberto Valdes Andreatta, vice president of finance and international affairs at BMSC tells LatinFinance. “You’re going to...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management