First Mover Advantage
Uruguay - Best Bank –Santander Uruguay
In a banking system dominated by large state-controlled
banks, Santander Uruguay has remained the leader of the pack
among private sector institutions at a time of considerable
growth for the countrys economy. With a first mover
advantage over rivals, the Spanish bank is well ahead of others
looking to gain market share through acquisitions, but it may
see tougher competition in the years ahead. While
government-owned Banco de la Republica Oriental del Uruguay
(BROU) dominates the countrys banking landscape, among
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.