GCHOY - The 3 Reasons Why You Should Consider Colombian Banks
Until now, most of you got to know me for following banks trading way below tangible book value. Banks are my circle-of-competence and my investments in Eurobank (EGFEF) and Bank of Cyprus (OTCPK:BKCYF) are typical value plays. But that’s not the only way you reap good returns from a bank while maintaining a margin of safety. Another effective way is to find banks with the capability to compound over time: the growth play. In this article, I will give you 3 reasons why Colombian banks fit the growth play.
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