Bank of the Year – Colombia 2017: Banco de Bogotá
Colombian lender pulls well ahead of its local rivals when it comes to profitability and closes the gap on the country’s largest bank in terms of assets.
Bank of the Year – Paraguay 2017: Banco Regional
Working with clients allows this year’s winner to keep bad loans in check as the country’s agriculture market falters.
Awards: Banks of the Year 2017
Leading banks in Latin America and the Caribbean pursue assorted strategies as the region emerges from an economic slowdown. Some turn to M&A, while others focus on building their loan books, but all have growth in mind.
Investment Bank of the Year – Mexico 2017: Citibanamex
Citi’s Mexican business tops the debt capital markets tables and works on landmark transactions in the equity market.
Overall Bank of the Year and Bank of the Year – Brazil 2017: Itaú Unibanco
In a transitional year for Itaú, the bank has positioned itself at the forefront of Brazil’s economic turnaround.
Multilateral Development Bank of the Year 2017: IFC
The World Bank’s private sector division has reinforced its commitment to Latin America and the Caribbean with innovative financing products and an upcoming equity fund.
Bank of the Year 2017 – Argentina: Santander Río
Argentine lender buys Citi’s consumer business and cements its spot as the country’s largest private sector bank.
Bank of the Year – Nicaragua 2017: Banco Lafise
Against a backdrop of soaring growth, this year’s winner capitalizes on a strong loan portfolio to outshine competitors.
Bank of the Year – Bolivia 2017: Mercantil Santa Cruz
Mercantil Santa Cruz uses well-timed acquisitions to enhance its position as the country’s largest financial institution.
Bank of the Year – Panama 2017: Banco General
Panamanian lender leverages the strength of its home economy to grow total assets and revisit the international bonds and syndicated loan markets.
Bank of the Year – Caribbean, Bank of the Year – Dominican Republic 2017: Banreservas
Dominican Republic’s largest lender widens the gap with its competitors, as it keeps its focus on private-sector borrowers.
Bank of the Year – Central America, Bank of the Year – Honduras 2017: Ficohsa
Another year of impressive financial gains and regional acquisitions place the Honduran financial institution at the top of Central America’s banks.
Bank of the Year – Peru 2017: Interbank
Peruvian lender weathers an economic slowdown to increase total assets and shift its focus to the growing insurance sector.
Bank of the Year – Chile 2017: Santander
An economic slowdown pushes Santander to innovate digitally, while maintaining its place as one of leading corporate financiers in Chile.
Bank of the Year – Trinidad & Tobago 2017: Republic Bank
Despite slower economic growth at home, the Caribbean lender maintains strong market share and grows its presence abroad through acquisitions.
Investment Bank of the Year – Chile 2017: Banchile
Chilean investment bank tops the league tables in local bond sales, while its efforts across different asset classes leave it well placed to navigate future headwinds.
Bank of the Year – Uruguay 2017: BROU
Uruguay’s largest bank asserts its dominance by focusing on local currency personal loans
Investment Bank of the Year – Colombia 2017: Bancolombia
Scandals have hurt the investment banking climate in Colombia in 2017, but Bancolombia completed landmark transactions in the M&A space and local bond market.
Bank of the Year – Costa Rica 2017: BAC San José
Amid a slowing economy and political scandal, BAC’s Costa Rican business uses the strength of its parent company to grow total assets and market share in Central America.
Bank of the Year – Ecuador 2017: Produbanco
Ecuadorean bank tackles the uncertainty of a new administration, aiming to grow net profits and roll out two new credit card initiatives.
Bank of the Year – El Salvador 2017: Banco Agrícola
El Salvador’s leading financial institution navigates a tricky operating environment to register growth in assets and loans.
Bank of the Year – Guatemala 2017: Banco Industrial
Guatemalan lender minimizes political volatility and edges out competing banks to grow assets, loans, equity and net income.
Bank of the Year – Jamaica 2017: National Commercial Bank
The island’s largest bank boosted its coffers with higher net profits and advanced its expansion plans throughout neighboring Caribbean nations.
Bank of the Year – Mexico 2017: BBVA Bancomer
Amid one of Latin America’s more competitive banking landscapes, BBVA’s local business turns its strengths in a number of segments to double-digit income growth.