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Spanish banks to penetrate U.S. market

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“After making significant inroads in Latin America in the 1990s, then the British markets this century, Spanish banks now are firmly committed to penetrating the U.S. market.

A group of experts meeting at a conference held in Miami recently predicted that the Spanish financial institutions’ successful business model can be implemented in large part in the United States.

“There’s a business opportunity – due to the maturity of the Spanish banks and their extraordinary level of competitiveness – to open an important niche in the United States,” Fernando Perez-Hickman, chairman of the board of Miami’s TransAtlantic Bank, a subsidiary of Spain’s Banco Sabadell, told Efe.”*

*From: www.expatica.com
Traducido: usando Google o Altavista/Babel Fish
Posted on: November 6th, 2007
Curation from Tomás
Filed Under: 1. Hispanic News, Banking, Business, Business News
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