SAR bank boosts stake in country
PUBLISHED : Thursday, 18 September, 1997, 12:00am
UPDATED : Thursday, 18 September, 1997, 12:00am
Hongkong & Shanghai Bank has boosted its stake in Chile's largest private bank as part of an expansion programme throughout Latin America.
It invested US$79 million to increase shareholding in Banco Santiago from 3.9 to 7 per cent.