Best bank:
Banco de Bogotá
Best debt house:
Citigroup/Salomon Smith Barney
Colombia’s banking system is nothing fantastic, and the best that can be said about Banco de Bogotá is that not only is it the biggest bank in the country, it is also better than all of the others. Its first-quarter earnings this year rose 72% year on year, bringing the bank’s core banking operations to profitability for the first time in eight quarters.
Citigroup/Salomon Smith Barney wins the best debt house award, after acting as the exclusive adviser to the government on June’s Ps6.1
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