To the relief of dizzy investors and baggy-eyed bankers, LatAm issuers began to take a minor breather in October, slowing from September’s breakneck pace that saw $14.6 billion in cross-border dollar bonds.
Category: Regions
Best Investment Bank – Colombia
Leveraging deep and long-standing corporate relationships has been a successful strategy throughout the global financial crisis for Bancolombia.
Best Bank – Dominican Republic
Banco de Reservas has shrugged off macroeconomic weakness in the Dominican Republic caused by the global financial crisis and continues to grow.
Best Bank – Guatemala
With economic growth returning to Guatemala after a relatively shallow crisis, its banks can return to plans being made prior to 2008.
Equity: Issuers Follow Petrobras
With Petrobras’ $70 billion capitalization out of the way, other LatAm equity issuers are cleared for takeoff.
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.
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.
Colombia, Mexico Boutiques Defend Turf
The growth of boutiques in Mexico and Colombia has slowed. Pan-regional players continue to stick to their guns.
China Latin America Links Proliferate
Cultural barriers remain, but the China-LatAm relationship is starting to blossom. Both sides hope to convert dialogue into more frequent large transactions.
Best Bank – Puerto Rico
Puerto Rico has been suffering a recession for more than four years. Several banks have collapsed, unemployment has soared and bankruptcies have increased.
