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Fitch praises Central American investments by Colombian banks, but adds warning

Thursday, February 9, 2012

Acquisitions by Colombian banks in Central America have proven to be very successful in terms of price, and diversification of investments in an area with enormous growth potential.

However, Fitch Ratings warned there may be risks for Colombian banking, due to Central America's lower profitability.

However, Fitch said the disadvantages would be outweighed by the good capitalization of the Colombian banks.

Source: La República