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Aval Takes BBVA Panama

Jul 22, 2013

Spain's BBVA has agreed to sell its Panama unit to Colombia's Grupo Aval for $646m, the parties say. The transaction continues Aval's Central American expansion, as well as BBVA's pullout from parts of LatAm. BBVA is to...

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

Jan Dehn, Ashmore Investment Management


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