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Compartamos Extends Exchange Offer

Dec 17, 2010

Mexican micro lender Banco Compartamos has extended to December 23 from December 16 its offer to swap shares in is operating company for shares in its holding company, it says. Compartamos is aiming to get consent from...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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