Though Latin American countries are dominated by state owned banks, privately owned banks are more preferred over state owned banks. The primary reason being greater financial stability and economic growth.
Further, Latin American economies have a varying degree of FDI, ranging from moderate to very high. FDI has enabled Latin American banks to meet their capital needs and also improve their efficiency. Mexico has witnessed the highest FDI in Latin American region.
The report forecasts the IT spending of the BFSI Industry in Latin America over the period 2007-2010. It is meant for IT vendors and intends to help them identify selling opportunities in the BFSI Industry in Latin America. The report identifies key business issues being faced by the BFSI Industry in Latin America.
Further, the identified sales drivers can be used to penetrate these accounts or increase current share of the customer's wallet. Also, the report lists leading IT buyers and provides their brief company profile, along with their IT spending.
TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.