"Interbank growth has been the opposite of the other 'retailers' American. The usual practice is to first grow in the retail and financial products are then developed to increase profitability, as Falabella and Ripley have to launch their banks, "said Emilio Garcia, Professor of Business Strategy at the University of the Pacific.
IFH R-Holding Corp., created in December 2010 to improve the structure of retail business within the group have increased from one third of the equity value of Intergroup Financial Services Corp., which includes the bank Interbank, Interseguro insurance company and developer of shopping centers to overcome Royal Plaza-half of trading.
Its commitment to emerging markets with a growing middle class increasingly the demand and that increased per capita consumption is currently reaching U.S. $ 5,000 in a few years will double. That is the premise on which underpins the strategy of Interbank, both in the financial and the retail and real estate.
For as the country progresses economically, this holding would achieve beat the Chilean Falabella and Cencosud.
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