Bolivia’s Banco Mercantil Santa Cruz (BMSC) has long been this Andean country’s largest private bank –and it got even bigger in 2023. The bank took over a chunk of the […]
Category: 2023 Banks of the Year Awards
Posted in2023 Banks of the Year Awards
Bank of the Year – El Salvador: Bancoagricola
El Salvador’s Bancoagricola continues to build on its already strong record, tallying impressive numbers in the past year. The bank has a corner on 28.8% of deposits, at $4.19 billion, […]
Posted in2023 Banks of the Year Awards
Sustainable Finance Bank of the Year: BNP Paribas
Demand for sustainable financing has exploded in Latin America – and few financial institutions have been as involved in meeting the growing needs of the region as BNP Paribas. The […]
Posted in2023 Banks of the Year Awards
LatAm Banking: Taking Shape
After a tough start to the year, Latin American banks are slowly shedding the conservative strategies that kept them afloat during the global tightening cycle. With several economies back in […]
Posted in2023 Banks of the Year Awards
Multilateral Development Bank of the Year: IDB Invest
IDB Invest is undertaking a transformation of its business model at the same time as negotiations with shareholders are underway for a significant capital increase. Even in this state of […]
Posted in2023 Banks of the Year Awards
Bank of the Year – Honduras: Banco Ficohsa
Banco Ficohsa remained true to its innovation strategy in Honduras, growing its physical footprint and adding new digital services in the past year. The bank opened several new branches in […]
Posted in2023 Banks of the Year Awards
Bank of the Year – Jamaica: National Commercial Bank of Jamaica
The National Commercial Bank of Jamaica (NCB) knows climate change poses tough challenges for its country and it is helping to find solutions. The bank, the largest on the island […]
Posted in2023 Banks of the Year Awards
Bank of the Year – Peru: Banco de Crédito del Peru
Peru’s banking system is dominated by one bank that, far from resting on its laurels, continues to innovate and expand. Banco de Crédito del Perú (BCP) leads in loans, with […]
Posted in2023 Banks of the Year Awards
Bank of the Year – Costa Rica: Banco Nacional de Costa Rica
Digital transformation is nothing new for banks around the region, but Banco Nacional de Costa Rica has found a way to give it a new twist. Over the past year, […]
Posted in2023 Banks of the Year Awards
Bank of the Year – Uruguay: Itaú Uruguay
After a difficult 2022, profits at Banco Itaú Uruguay started to recover momentum in the second half of last year. And in 2023, they got significantly better. The Uruguay subsidiary […]