Firm Leads First Foreign Bank Acquisition in Ecuador Since New 2012 Regs

Promerica Closes Acquisition of Ecuador’s Produbanco

Latin Lawyer

Leading Panamanian banking group’s purchase of a controlling stake in Ecuadorean bank Produbanco, Fernando Alonso notes to Latin Lawyer that Ecuador remains appealing for foreign investors. Alonso, chair of Hunton & Williams’ Latin America practice, has practiced in the corporate and securities, banking and international fields for more than 20 years.