Awards of Excellence
Latin American regional awards
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Best Bank: Banco Macro
Best Debt House: Deutsche Bank
Best M&A House: Goldman Sachs |
Banco Macro won best bank in Argentina last year on the strength of its financial results and for being the first of its peers to raise capital on the New York Stock Exchange since the crisis. This year it did even better, achieving more impressive income growth and once again leading from the front in raising new capital.
First-quarter net income was up 69% year on year to Ps123 million ($40 million) from Ps73 million, with annualized return on average equity at 21.2% and return on average assets at 3.1%. Since it was created in a mid-crisis merger between Banco Bansud and Banco Macro, one...
