Awards for Excellence 2009: Bolivia

The past 12 months have clearly shown that Banco Mercantil Santa Cruz can survive economic and political challenges. Not only has the downturn started to adversely affect trade flows from the land-locked country, but political conflicts also continue to bubble under the surface.

Global Awards for Excellence
Latin American Regional Awards of Excellence
Bahamas Barbados Bermuda
Dominican Republic Jamaica Trinidad & Tobago
Costa Rica El Salvador Guatemala
Nicaragua Panama Argentina
Bolivia Brazil Chile
Colombia Ecuador Mexico
Paraguay Peru Uruguay
Venezuela
Best Bank: Banco Mercantil Santa Cruz

The past 12 months have clearly shown that Banco Mercantil Santa Cruz can survive economic and political challenges. Not only has the downturn started to adversely affect trade flows from the land-locked country, but political conflicts also continue to bubble under the surface.

However, despite this dismal operating environment, Banco Mercantil has managed to generate the largest return on equity in its 104-year history of 41.

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