Argentina

BEST BANK
Banco Río

BEST DEBT HOUSE
ABN Amro

BEST M&A HOUSE
JPMorgan

For the first time since 2001, Euromoney has made a best bank award in Argentina. That does not mean that the banking system has recovered from the crisis that hit the country at the end of 2001; far from it. Most banks are still insolvent – only one, so far, has managed to post non-negative net income. That is Banco Río, owned by Spain’s Santander.

Banco Río has a bigger retail footprint than any other bank in Argentina: 2.2