Equity Research on Banco Bilbao and Banco Santander -- Foreign Regional Banks Seeing Potential Challenges in Brazil but Upsides
July 18, 2012 08:20 ET
Equity Research on Banco Bilbao and Banco Santander -- Foreign Regional Banks Seeing Potential Challenges in Brazil but Upsides Elsewhere
JOHANNESBURG, SOUTH AFRICA--(Marketwire - Jul 18, 2012) - [ www.StockCall.com ] offers free research on Banco Bilbao Vizcaya Argentaria S.A. (
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Foreign regional banks such as Banco Bilbao Vizcaya Argentaria S.A. and Banco Santander (Brasil) S.A. continue to face challenges in some areas, even though there are some bright spots. The President of the Brazilian unit of Spain's Santander recently stated that high default levels are expected to persist in the second quarter but repayments should improve in the third quarter.
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In May, Brazilian unemployment fell to a record low, and many anticipate this will reverse climbing default levels seen in the first half. Of potential concern to banks operating in Brazil are the continuing cuts to interest rates which threaten interest revenue and could cut companies' profits. Register now to have free access to our report on Banco Santander (Brasil) S.A., and to do so please click the link below.
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In Spain, many received a boost recently by the European Union's decision to allow bailout funds to go directly to banks, as opposed to lending it through governments. Despite potentially improving trends in Europe, emerging markets remain key. Spain's Banco Bilbao seems to be increasing its offerings in Asia, as the company lately announced that it has upgraded its Taipei office into a branch. Investors and shareholders of Banco Bilbao Vizcaya Argentaria S.A. can simply register for our complimentary reports by clicking on the link below.
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