Puerto Rico has been suffering a recession for more than four years. Several banks have collapsed, unemployment has soared and bankruptcies have increased.
Category: Awards
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Best Investment Bank – Mexico
The past 12 months have seen capital markets activity and M&A pick up in Mexico following a crisis-inspired lull.
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Best Bank – Bolivia
Bolivia’s small size has meant its banks suffered few effects of the credit crisis in 2008 and 2009.
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Best Investment Bank – Colombia
Leveraging deep and long-standing corporate relationships has been a successful strategy throughout the global financial crisis for Bancolombia.
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Best Bank – Trinidad & Tobago
Trinidad & Tobago’s (T&T) Republic Bank has been able to grow its assets despite a weak economy and reduction in its loan portfolio.
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Best Bank – Colombia
Banco de Bogotá has spent the last year rolling out a variety of new products and services in Colombia as it pursues a universal bank strategy, while also making moves cross-border.
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Best Bank – Uruguay
Santander has spent the last year and a half digesting its $175 million 2008 acquisition of ABN AMRO, a deal it says has made it the largest private bank in Uruguay, with over 30% of the assets.
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Best Bank – Chile
Santander Chile says its strength has come from growing selectively and increasing sales without expanding the client base too much, so that it can control risk.
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Best Multilateral
Corporación Andina de Fomento (CAF) may be 40 this year, but it shows no signs of slowing.
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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.