Country Awards for Excellence 2021: Latin America (including Central America & Caribbean)

The region's best banks, country by country

COUNTRY INDEX

LATIN AMERICA
CENTRAL AMERICA AND CARIBBEAN

LATIN AMERICA

Argentina

ARGENTINA

Best Bank: Santander Argentina

Best Investment Bank: JPMorgan

After three years of recession, compounded by a global pandemic during the past twelve months, Argentine banks would be forgiven for feeling stuck at the bottom of the credit cycle. Credit in real terms is shrinking, particularly in the consumer sector and banks aren’t able to offset loan portfolio growth with high returning government securities under this administration’s monetary policy, which eschews positive real interest rates.

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