Scotiabank has 3rd Largest Branch Network in Peru

Dow Joens Newswires, RObert Kozak, 8 August 2007Thanks to Peru's red-hot economy, foreign banks are lining up to start operations, vying for customers, office space and bankers.That poses a challenge for locally owned Banco de Credito del Peru, the largest bank in the Andean nation, although bank officials say they continue to increase market share.Chief executive Raimundo Morales said that while