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Country Awards for Excellence 2016: Latin America (including Caribbean and Central America)

AfE 2016 logo-196 135 Regional awards Press release View full 2016 results

Argentina Argentina Bolivia Bolivia Brazil Brazil Chile Chile Colombia Colombia Costa Rica Costa Rica Dominician Republic Dominican Republic Ecuador Ecuador El Salvador El Salvador Guatemala Guatemala honduras.gif Honduras Mexico Mexico Nicaragua Nicaragua Panama Panama Paraguay Paraguay Peru Peru Puerto Rico . Puerto Rico trinidad-tobago.gif Trinidad & Tobago Uruguay Uruguay venezuela.gif Venezuela


Argentina Best bank: Santander Río Best investment bank: Citi

Banking in Argentina has been challenging in recent years. Increasingly stringent regulation has required banks to lend to certain segments at capped interest rates, while high inflation has complicated other transactional business. The banking system has, by and large, coped well with the poor business environment, and now (in private) bankers are optimistic about the money to be made in the country – from mortgages and retail lending to corporate loans, securitizations and capital markets.

Bank valuations have risen in Argentina but Enrique Cristofani, chairman and CEO at Santander Río, will not be seeking the IPO that was proposed in 2011 and then pulled as the nation’s fortunes crumbled.