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Banking regulatory reform in the Americas, particularly
United States, Canada, and Mexico is strongly national rather
than having a coordinated and regional focus over the North
and South America region. As the private sector in Canada,
Mexico and the United States moves toward an integrated
North American banking system, the regulators have lagged
behind. While the U.S. and Canada are characterized by robust
financial economies, central and south America lag behind.
Argentina, Mexico, and Venezuela were among countries
faced economic difficulties in 1995 and 1996. Development
organizations such as the World Bank, together with the
IBD, helped the Argentine and Mexican governments address
weaknesses and restore confidence in their financial systems.
For further information on the Banking System in the Americas,
click on the following Central Bank Links:
United States
Board of Governors of the Federal Reserve System (Washington):
http://www.federalreserve.gov
Federal Reserve Bank of New York: http://www.newyorkfed.org
Canada
Bank of Canada: http://www.bankofcanada.ca/en/
Mexico
Banco de Mexico: http://www.banxico.org.mx/
Argentina
Banco Cnetral de la Republica Argentina:
http://www.bcra.gov.ar
El Salvador:
The Central Reserve Bank of El Salvador: http://www.bcr.gob.sv/
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