Mario Pierry
![Mario Pierry](/assets/img/authors/unknown.jpg)
Mario Pierry
branch building cost expensive paying per price
I think they are paying a very expensive price for the bank. They are paying US$35mn per branch. The cost of building a branch shouldn't be more than US$1mn.
banks developed emerging growth larger markets potential shares
Shares of banks in emerging markets have a much larger growth potential than banks in developed Europe.