The post-war was a period of industrialization for most Latin American countries, with an active intervention of the State. In this context, development banks arose at the national level, which main objective was to allocate resources to productive projects or infrastructure, especially in those...

The Banco Español de Crédito (Banesto) was founded by the big French bank Paribas in 1902. In the first decades of 20th century, economic nationalism increased in Spain, as the bad relationship between Spanish and French directors of Banesto reflected. Finally, in 1927, during Primo de...