bigworm  +  97918 Tue, 10 May 05 08:13 AM I just can't see why you would want to invest here when you have something like Latin America, which is under-banked, even though growth may be lower. Can someone explain the meaning of "under-banked"? Thanks, bigworm Joined on Mon, Nov 29 2004 New Member 25

	Miche  +  97956 Tue, 10 May 05 11:09 AM I guess this is said to a bank manager who wants to open a bank in X country. He is advised to invest in Latin America instead, which is under-banked (=has fewer banks than needed). Miche Joined on Fri, Jan 7 2005 Full Member 258 There's always sunshine after rain

	Mister Micawber  +  98243 Wed, 11 May 05 09:15 AM I don't presume to understand the financial implications, but here are the dictionary definitions: Underbanked-- When an originating investment banker cannot find enough firms to underwrite a new issue. underbanked-- Situation in which an underwriter of a new securities issue is having difficulty getting firms to join the syndicate. un·der·banked (adjective)-- having insufficient underwriters: having too few underwriting companies in a syndicate to support a new securities issue. Perhaps the hypenation is critical, and Miche's idea is closer to the mark, as these don't seem to make sense in your context. Mister Micawber Joined on Wed, Aug 4 2004 Yokohama Veteran Member 30,822 'The question is,' said Humpty Dumpty, 'which is to be master-- that's all.' Resume