In a branch of Nuevo Banco Comercial in Montevideo’s historic centre, a small group of customers queues patiently. Some fill out deposit slips while others read the bank’s leaflets offering loans.
It is a scene infused with calm and is testament to how far the country – and its financial sector – has come since 2002. Then, a deep recession culminated in a crisis that saw demonstrations on the streets and enraged customers banging on the doors of the main financial institutions.
