Regional Awards for Excellence 2015: Central America and Caribbean
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Awards

Regional Awards for Excellence 2015: Central America and Caribbean

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Best bank in Central America and Caribbean

BAC International Bank

Best investment bank in Central America and Caribbean

JPMorgan

 

 

Country Awards for Excellence 2015: Central America

Awards for Excellence 2015: Results index

Latin America press release

Best bank in Central America and Caribbean

This region has often been thought a disparate, fragmented collection of small economies, affected more by the gravitational pull of the US (and to a lesser extent the larger Latin American economies such as Colombia) than intra-regional linkages. However, this is changing. Banks are investing in networks that span these countries both to take advantage of intra-regional growth, as well as to spur it. In this sense, the leading banks in the region are playing an important role in central American and Caribbean economic development, none more so than the largest: BAC International Bank, our best bank for 2015.

BAC is part of the Aval group and is making huge investment in the region. A $1.3 billion equity offering from Grupo Aval is helping to maintain this expansion, which recently saw BAC, led by CEO Ernesto Castegnaro, buy BBVA Panama and Grupo Reformador in Guatemala.

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