James Scriven, the CEO of IDB Invest, says the organization has had an “incredible” year in 2024. There are plenty of reasons to feel excited about it. Earlier this year, […]
Category: 2024 Banks of the Year Awards
Posted in2024 Banks of the Year Awards
Bank of the Year: Trinidad & Tobago – First Citizens Bank
Trinidad and Tobago’s First Citizens Bank is a repeat winner of the Bank of the Year award for the country. One reason for this has been the expansion of its […]
Posted in2024 Banks of the Year Awards
Bank of the Year – Bolivia: Banco Mercantil Santa Cruz
BANCO MERCANTIL SANTA CRUZ’S STRONG BALANCE sheet performance and its continuing stream of new products has won it the Bank of the Year award for Bolivia. It did so in […]
Posted in2024 Banks of the Year Awards
Bank of the Year: Paraguay – Banco Continental
Banco Continental, the second largest bank in Paraguay, earns the top spot in this year’s Bank of the Year Awards thanks to a performance boosted by disciplined risk management and […]
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Bank of the Year – Brazil: Itaú Unibanco
IN 2023, BANCO ITAÚ UNIBANCO POSTED RECORD profits of $6.2 billion after achieving 15.6% growth over the previous year. In the first half of 2024, results were up by 15.5% […]
Posted in2024 Banks of the Year Awards
Bank of the Year: Peru – Banco de Crédito del Perú
Banco de Crédito is Peru’s bank of the year weathering an economic crisis that most Peruvians would prefer to forget. In 2023 the country’s economy contracted – with the exception […]
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Bank of the Year – Central America: BAC
CENTRAL AMERICA’S LARGEST BANK, BAC, CONTINUES its regional dominance, scoring its best performance this decade in 2023 and even better numbers in the first half of 2024: two factors underpinning […]
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Bank of the Year – Chile: Santander Chile
IN A CHALLENGING BUSINESS ENVIRONMENT FOR BANKS, Santander Chile’s performance — boosted its credit portfolio and achieved strong net income growth in the 12 months to June — made it […]
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Bank of the Year: Uruguay – Itaú Uruguay
In the first half of 2024, net profits at Itaú Uruguay increased 93% compared to the year before, reaching $301 million. Two years before, the number was a meagre $21 […]
Posted in2024 Banks of the Year Awards
Bank of the Year – Colombia: BBVA
THE COLOMBIAN MARKET HAS GONE THROUGH A tough patch this past couple of years, forcing banks to readjust their businesses as they prepared themselves for an expected recovery in 2025. […]