Equity Research on The Governor and Company of the Bank of Ireland and Banco Santander (Brasil) S.A. -- Foreign Regional Banks Slowly Improving
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/19/12 -- Foreign regional banks have stagnated for much of the year as uncertainty over the direction of the global economic recovery prevailed. Volatile currency markets have also made growth difficult for numerous banks. However, optimism for South American and European regional banks is beginning to increase. Get your free reports on and at . There is no commitment to join.
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In Europe, the improved Euro has helped lift financials long-mired by sovereign debt concerns in the region. Regional banks have also appeared more proactive and growth minded in the last few weeks. The Governor and Company of the Bank of Ireland launched a EUR 2 billion mortgage fund to support first time homeowners and movers. The move exemplifies some of the ongoing efforts throughout the UK to generate momentum into the next year. report is accessible for free by registering today at
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In South America, economic growth has slowed in the last few months. Specifically, Brazilian GDP expansion fell to 0.5% in the latest quarter. This deceleration has created headwinds for many regional banks. Banco Santander S.A. has handled the slowdown well and could be well-positioned to grow when the economy begins moving in a more positive direction again. report is accessible for free by registering today at
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Datum: 19.10.2012 - 12:00 Uhr
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