Foreign buyers bring a host of challenges

According to this recent article by Bank of Mexico governor Guillermo Ortiz, published in The Banker magazine, the purchase of developing country banks by global banks can be mutually beneficial.

"The acquisition of local banks by more efficient financial entities brings many benefits to everyone involved by facilitating the access of acquired banks to new products and technologies and allowing parent banks to achieve higher economies of scale and to diversify their risks."

However, despite the