Direct Investment in Emerging Market Economies: The Experience of Canadian Banks
- Topics:
- Investment and Capital Markets
- Tags:
- Bank For International Settlements,
- Currency & Foreign Exchange,
- Emerging Market,
- Finance,
- Financial Services,
- Foreign Direct Investment (FDI),
- Investment,
- Marketing,
- Marketing Research
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Overview: This note provides a short summary of some interviews that were held earlier In 2003 with two Canadian commercial banks - the Canadian Imperial Bank of Commerce (CIBC) and the Bank of Nova Scotia (Scotia). This note provides background information on the direct investment activities of Canadian banks, and then examines the experience of the CIBC and Scotia in greater detail. The picture that emerges is one of sharp contrasts, in which foreign direct investment is variously cast as a constant source of frustration and disappointment, and an important source of profit and risk diversification.
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Format: PDF | Size: 31KB | Date: Jun 2003 | Pages: 7
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