Americas

摘要

Argentina's recent public and foreign policy turnaround is of historical importance. A new government, which took office at the end of 2015, replaced the long-lasting Per-onist rule with macroeconomic orthodoxy and was quick to dismantle market distortions such as foreign exchange controls and allow the release of credible inflation data. In the light of this, Santander Rio's excellent performance for 2015 is all the more exciting. The lender expanded its market share even during the previous heavy-handed administrations; now, Argentina's new pro-business attitude and improved economic prospects bode well for the growth of banking services in the country.