Corporación Andina de Fomento (CAF) may be 40 this year, but it shows no signs of slowing.
Category: Banks of the Year Awards
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Best Investment Bank – Chile
Chile-based investment bank Celfín Capital has seized the boom in 2010 as an opportunity to push it into the big leagues.
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Best Bank – Argentina
Santander Río’s strength in retail contributes significantly to it being the most profitable private financial institution in Argentina, says Guillermo Glattstein, strategic planning manager at the bank.
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Best Bank – Peru
In the April-June period, Banco de Crédito Del Peru (BCP) achieved some of its best quarterly results to date, supported by a strong reactivation of the Peruvian economy.
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Best Bank – Venezuela
Mercantil Banco Universal has been expanding its loan portfolio, which has led to year-on-year growth despite a economic contraction and slow liquidity growth in Venezuela.
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Best Bank – Panama
Banco General takes top prize for Panama for the second year in a row.
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Best Bank – El Salvador
El Salvador’s Banco Agrícola, part of Colombia’s Bancolombia since 2007, is expected to end this year with results that compare favorably with those obtained at the end of 2009, says Fitch, which has an AA+ (stable) local rating on the bank.
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Best Bank – Costa Rica
State-controlled Banco de Costa Rica has gained market share through the financial crisis, growing the loan portfolio and expanding facilities.
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Best Bank Argentina: Banking the Provinces
Banco Macro has risen to the top of Argentina’s private sector through a series of fortuitous and well timed acquisitions, in particular of struggling state banks in the wake of the 2001 financial crisis.
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Best Bank Peru: Quality Counts
The banking race in Peru is a close one, and the global credit crisis appears to have done little to separate the two largest players, BBVA Continental and Banco de Credito del Peru. Backed by its parent¹s powerful network and back-office support, Continental¹s focus on profitability above size has served it well.