BankAtlantic Bancorp., which has $2.7 billion-of assets and 57 branches across the state, has set up an international division for U.S. and offshore enterprises active in Latin American trade and commerce.

The Latin American office will be headquartered on Brickell Avenue in Miami's downtown financial district. It will be overseen by Mario Luis del Valle, BankAtlantic's president for Dade County Operations. BankAtlantic is also establishing strong correspondent relationships with banks throughout Latin America.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.