Chase Manhattan Corp., together with Switzerland's Credit Suisse and Germany's Dresdner Bank AG, is bidding to buy Argentina's Banco de Santa Fe.

Bloomberg News reported that Banco General de Negocios SA, a jointly owned unit of the three international banks, has offered to pay slightly more than $57 million for Santa Fe. It is Argentina's 19th-largest bank, with about $400 million of deposits, $60 million of assets, and 105 branches. A spokesman for Chase in New York said he was unable to confirm the report but did not deny it.

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