JOURNAL ARTICLE

Ghost Banks Limp Along in Argentina, Staying Open as Costly ATMs.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Doll, Ignacio Olivera 3 of 3

Abstract

Many Argentina banks are forced to renew leases they had planned to end because of the central bank's refusal to let them close the branches, said one industry official. (Bloomberg) -- On a weekday afternoon in Buenos Aires, a guard stands watch outside an empty bank. A spokesman for Grupo Financiero Galicia said that while the bank doesn't have vacant branches, some of its locations in downtown Buenos Aires have had few customers. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/01, pN.PAG
  • Document Type:Article
  • Subject Area:Social Sciences and Humanities
  • Publication Date:2023
  • Accession Number:161233151
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