Business Services Industry
DekaBank to expand into Latin America from Chile.
South American Business Information, June, 2003
Chile, Jun 5, 2003 (Estrategia/SABI via COMTEX)
DekaBank, the German bank, will use Chile as its base for expansion into Latin America. The bank has a partnership with the Chilean financial services company Latinus, through which it manages US$70mil worth of assets in the country. DekaBank is also considering entering the mutual fund direct retail segment and finance investment projects such as the building of bank branches and the renewal of airline fleets.
Copyright (c) 2003, South American Business Information, All rights reserved.
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