Snapshot of the Uruguayan Financial System

Snapshot of the Uruguayan Financial System The Uruguayan Banking System as of December 31st of 2008 is composed of 2 state-owned and 12 private banks. It is worth noting that the information related to Banco Santander includes the expenses related to the acquisition of ABN AMRO that formally took place on December 27th, 2008.

The Uruguayan Financial System also has 5 Financial Houses (institutions that can perform all kinds of financial intermediation operations, except those reserved for commercial and investment banks) and 4 External Financial Institutions (institutions that perform exclusively operations of intermediation between offer and demand of securities, money or precious metals located off-shore).

 

 
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