Bac-Bamer authorized to increase its capital base

©image: BAC BAMER

Bac-Bamer manager Jacobo Atala says the increase in capital is based on a study. The bank needs a larger capital base, even though it's already the largest financial system in the nation.
He says it needs the additional capital so that it can consolidate the merger last April 1 between Bac-Bamer and Banco América Central.

Source: laprensahn.com

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