Awards for Excellence 2008: Uruguay

Nuevo Banco Comercial (NBC) is the largest commercial bank in Uruguay, with $1.4 billion in assets. The bank serves more than 200,000 retail and corporate customers and leads the credit card market.

Latin American Awards for excellence
Bahamas Barbados Bermuda
Dominican Republic Jamaica Trindad & Tobago
Costa Rica El Salavador Guatemala
Honduras Nicaragua Panama
Argentina Bolivia Brazil
Chile Colombia Ecuador
Mexico Paraguay Peru
Uruguay Venezuela

Best bank: Nuevo Banco Comercial


Best debt house: Citi

Nuevo Banco Comercial (NBC) is the largest commercial bank in Uruguay, with $1.4 billion in assets. The bank serves more than 200,000 retail and corporate customers and leads the credit card market.

Since private equity firm Advent bought into the bank two years ago a clearly structured programme to complete the merger of the three old banks, update technology, make branches homogenous and improve customer service has taken place.

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