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Banking

Latin America & Caribbean Awards for excellence 2006 winners

Banking and financial services in Latin America are undergoing dramatic change. Strong economic growth and falling interest rates over the past five years mean that more Latin Americans are becoming financially enfranchised than ever before.

Euromoney Awards for excellence 2006
Bahamas
I Bardados I Bermuda I Dominician Republic I Jamaica I Trinidad & Tobago I Costa Rica I El Salvador I Guatemala I Honduras I Nicaragua I Panama I Argentina I Bolivia I Brazil I Chile I Colombia I Ecuador I Mexico I Paraguay I Peru I Uruguay I Venezuela

BEST BANK: Santander
BEST INVESTMENT BANK: Citigroup
BEST EQUITY HOUSE: Credit Suisse
BEST DEBT HOUSE: Credit Suisse
BEST AT RISK MANAGEMENT: Deutsche Bank
BEST M&A HOUSE: Goldman Sachs
BEST AT TREASURY SERVICES: Santander
BEST AT CASH MANAGEMENT: Citigroup
BEST AT PROJECT FINANCE: BBVA







At the lowest end of the income spectrum, these people need nothing more than a simple bank account. At the other end, individuals are beginning to take out credit cards, mortgages and other consumer finance products.

At the same time, companies are becoming more aggressive and more sophisticated in their strategies and are therefore looking towards the banks and capital markets to fuel their growth. In short, Latin America is developing a proper banking system in which financial institutions are beginning to act more as intermediaries than as investors in high-yielding government securities.

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