Brazil’s Nubank has repeatedly beat market expectations in 2023, posting impressive profits while expanding its client base. Its recent bounce back comes after a challenging 2022 for Latin American’s largest […]
Category: 2023 Banks of the Year Awards
Bank of the Year – Dominican Republic / Bank of the Year – Caribbean: Banreservas
The Dominican Republic’s Banreservas has never been better off than it is today. Loans and deposits were up by double digits in the 12 months ending in June and net […]
Bank of the Year – Paraguay: Banco Sudameris
Banco Sudameris made a splash in the Paraguayan banking market by acquiring a rival to become the largest lender in the country in 2023. The bank made the leap by […]
Bank of the Year – Latin America: Itaú Unibanco
A diversified business and a conservative approach have helped Itaú Unibanco navigate turmoil in Brazil’s financial markets over the past year. The bank posted strong quarterly results in the first […]
Bank of the Year – Brazil: Banco do Brasil
If it’s true that the banking sector faced a tough first half of the year, it seems Banco do Brasil never got the memo. The Brazilian state-owned bank cruised to […]
Bank of the Year – Argentina: Banco Santander Argentina
Argentine banks have had to deal with triple-digit inflation, capital controls, a lack of dollars and a state of continuous economic turmoil. Even then, the local unit of Banco Santander […]
Bank of the Year – Guatemala: Banco Industrial
Guatemala’s Banco Industrial continues to expand the distance that separates it from other banks in this Central American country. The bank made major gains in the 12 months ending in […]
Bank of the Year – Trinidad & Tobago: First Citizens Bank
Trinidad & Tobago’s First Citizens Bank continues to expand on this twin-island nation – both physically and through the deft harnessing of technology. “We are committed to a physical footprint […]
Bank of the Year – Bolivia: Banco Mercantil Santa Cruz
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 […]
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, […]
