The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Awards for excellence - Argentina

Buenos Aires: three banks dominate

Best bank

Banco Rio

Best debt house


Best equity house


Best M&A house

Morgan Stanley

There are three large, good banks in Argentina: Banco Rio, owned by BSCH; Banco Francés, owned by BBVA, and Galicia, which remains independent. Of the three, Banco Rio had the highest net income in 2000, despite having fewer loans and fewer deposits than Galicia. Its cost-to-income ratio improved to 45% in 2000 from 50.7% in 1999, keeping it the most efficient bank in the country. It also has a rock-solid 18.9% capital base.

Rio's return on equity, at 15.9%, is roughly the same as that of Francés, and higher than that of Galicia. But it still remains well below BSCH's target of 25%.

BSCH also picks up the best equity house award, unsurprisingly for a house that has been the number one trader on the Buenos Aires stock exchange since July 1995.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree