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Bank List 3
One of the most important features of the economic history of Latin America has been the increase in the trend to generate continual financial crisis The past few decades will pass into the annals of economic history as the years of the bank crises and stabilization policies, with the resulting loss of control over financial assets on the part of the national financial systems in the Latin American region. To the extent that the financial conglomerates on a world level increase their presence in Latin America, their power will be strengthened. New acquisitions of national banks will increase their supply of financial services in Latin America. The profitability that these financial groups obtain is vital for their strengthening and competition on a global level. This left certain Latin American countries extremely weakened in terms of obtaining financing for sustained and equitable economic development.
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