The recently completed privatization of Mexican commercial banks may be one of the most successful financial operations in recent years. In 13 months, the Mexican authorities were able to sell 18 banks to private groups of Mexican investors for more than US$13 billion total - more than three times book value, and with a price/earnings ratio of 14.5. The author, Director General of the Development Planning Unit of the Ministry of Finance and a member...
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1992/11/30
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Documento de trabalho sobre pesquisa de políticas
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WPS1027
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1
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1
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2010/07/01
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Lessons from bank privatization in Mexico
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Cost of Doing Business
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