Puerto Rico has been suffering a recession for more than four years. Several banks have collapsed, unemployment has soared and bankruptcies have increased.
Category: Structured Finance
Best Bank – Bolivia
Bolivia’s small size has meant its banks suffered few effects of the credit crisis in 2008 and 2009.
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.
Best Multilateral
Corporación Andina de Fomento (CAF) may be 40 this year, but it shows no signs of slowing.
Colombia, Mexico Boutiques Defend Turf
The growth of boutiques in Mexico and Colombia has slowed. Pan-regional players continue to stick to their guns.
The Bank of the Year
Brazil’s government-controlled lender is using a natural size advantage to pursue niches it does not already dominate. Careful international expansion is next for Banco do Brasil.
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.
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 – 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.
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.
