Awards Archives - Page 86 of 90

Best Bank − Colombia: Banco de Bogotá

by LatinFinance Awards November 1, 2008August 29, 2023

Mighty Challenger
The executive suite of Banco de Bogotá’s headquarters has one of the best views of Colombia’s capital. Alejandro Figueroa Jaramillo, the bank’s president, has just delivered first half performance figures to the board, which includes members of Grupo Aval, the majority owner of the bank and Colombia’s largest financial conglomerate. As he sits down for a rare interview – his aides say Figueroa does not speak to local press – he is interrupted by an urgent note from his assistant.

Magazine

Best Bank − Chile: Banco Santander

by LatinFinance Awards November 1, 2008August 29, 2023

Outstripping the Population
Chile’s Santander, the country’s biggest deposit-taking bank, has seen its client base jump to three million people, an increase of 40% during the past three years. It has a network of 2,016 ATMs and 468 branches, the biggest reach in the country, according to the bank. Its total deposits amounted to $22.3 billion at the end of June.

Magazine

Best Bank – Costa Rica: Banco Nacional de Costa Rica

by LatinFinance Awards November 1, 2008August 29, 2023

Bigger Fish, Shrinking Pond
Worsening global conditions in the past year have done little to shake up the Costa Rican banking landscape. Lenders are taking a conservative stance until the full impact is known, particularly regarding the vital tourism sector.

Magazine

Best Bank − Dominican Republic: Banco Popular

by LatinFinance Awards November 1, 2008August 29, 2023

Welcome to the Top
Banco Popular Dominicano is beating its peers in the Dominican Republic in terms of market share by assets, surpassing even the government-backed Banco de Reservas, the previous leader. And although the economy of the Dominican Republic is seeing signs of deceleration, Popular’s non performing loans (NPLs) are at a minimum when compared to those seen in other banks operating in the country. Popular is also seeing a rise in deposits, ROA and ROE.

Magazine

Best Bank − Ecuador: Banco Pichincha

by LatinFinance Awards November 1, 2008August 29, 2023

Bucking the Trend
Ecuador’s Banco del Pichincha is clinging on to a AA+ rating from Fitch subsidiary Bank Watch Ratings, despite global financial crisis and a government that many foreign investors would not have on their shopping lists. In fact, Bank Watch lists political risk as one of the main threats to Pichincha.

Magazine

Best Bank − El Salvador: Banco Agrícola

by LatinFinance Awards November 1, 2008August 29, 2023

Bridge to Salvador
Banco Agrícola is the centerpiece of Bancolombia’s strategy to establish a meaningful presence in Central America. The May 2007 purchase earned the Colombian powerhouse a solid footprint in a highly sought after region, and just in time.

Magazine