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BIG BANK WATCH.

                              BIG BANK WATCH
                          % CHANGE IIIQ99/IIIQ00
                                           NET INCOME
                                         IIIQ00 US$ MILL
BANCO SANTANDER CENTRAL HISPANO (LATAM)       288.8       71.6
BANCO BILBAO VIZCAYA ARGENTARIA (LATAM)       171.7       25.8
BANCOLOMBIA (COLOMBIA)                         13.9      135.8
BANCO SANTANDER (CHILE)                        37.3       56.2
BANCO RIO DE LA PLATA (ARGENTINA)              53.2       55.3
BANCO SANTIAGO (CHILE)                         43.3       44.9
BANCO ITAU (BRAZIL)                           251.1       33.9
BANCO GALICIA Y BUENOS AIRES (ARGENTINA)       43.3       27.0
BANCO BRADESCO (BRAZIL)                       179.7       23.6
BBVA BANCOMER (MEXICO)                         74.3       20.6
BANCO PROVINCIAL (VENEZUELA)                   24.6       17.1
BANAMEX (MEXICO)                              170.9       -7.0
BANCO DE CREDITO (PERU)                         5.3      -20.0
SOURCE: Company reports, LATIN TRADE


DEAR SHAREHOLDER...

[up] BANCO BANCO. A commercial term, adopted from the Italian, used to distinguish bank money from the common currency; as $1000,  SANTANDER CHILE

Thanks to wise management and a diversified line, this Chilean financial institution hangs onto its position as one of the most efficient and profitable banks in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . But the competition will heat up if the merger of Banco de Chile The Banco de Chile (Chile Bank), is the second biggest banking group of Chile, behind the Banco Santander Santiago followed by the BBVA Chile. Founded the 28 of October of 1893 by the fusion of the banks of Valparaiso (1855), National of Chile (1865) and Agriculturist (1869).  and Banco de A. Edwards results in a new Chilean megabank.

[up] BANCO RIO DE LA PLATA La Plata (lä plä`tä), city (1991 pop. 640,344), capital of Buenos Aires prov., E central Argentina, 5 mi (8.1 km) inland from Ensenada, its port on the Río de la Plata.

A jump in service income and deposits put this bank above expectations for the year. The International Monetary Fund relief package and slashed slash  
v. slashed, slash·ing, slash·es

v.tr.
1. To cut or form by cutting with forceful sweeping strokes: slash a path through the underbrush.

2.
 U.S. interest rates, as well as the bank's own mortgage promotion, promise to keep Banco Santander Central Hispano's Argentine Argentine

having some relationship with the country Argentina.


Argentine tick
margaropuswinthemi.

Argentine tortoise
geochelonechilensis.
 unit in the money.

[down] BANCO DE CREDITO

Peruvian banks are falling as fast as Peruvian politicians. But the country's largest bank continues to slog along intact, albeit performing poorly. Despite higher fees, Banco de Credito couldn't offset losses linked to inflation. Whether a new government will inject in·ject
v.
1. To introduce a substance, such as a drug or vaccine, into a body part.

2. To treat by means of injection.
 financial stability remains to be seen.
COPYRIGHT 2001 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Latin Trade
Date:Mar 1, 2001
Words:277
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