Business Services Industry
ARGENTINA: IMF-ARGENTINA DEAL UPSETS FOREIGN BANKS.(Brief Article)
IPR Strategic Business Information Database, August, 2002
Foreign banks operating in Argentina are demanding that the country's crucial agreement with the International Monetary Fund be delayed. The banks are upset about a batch of new government proposals that could stack hundreds of millions of dollars in fresh losses onto their already-battered balance sheets, reported the Financial Times.
The Association of Argentine Banks - which represents the local subsidiaries of such major international banking groups as Citibank, HSBC, BSCH and BBVA - has met ambassadors from the Group of Seven industrialized nations to press them to delay the IMF deal until the government backs down on the controversial proposals. The banks are also seeking an urgent meeting with the president of Argentina, Eduardo Duhalde, to relay their...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express