Global Finance
Names the Safest Emerging Markets Banks in Latin America 2013
New York, November 5, 2013
–
Global Finance
magazine (GFmag.com) has named the Safest Emerging Markets Banks in Latin America in an exclusive survey to be published in the December 2013 issue. The banks were selected through a comparison of the long-term credit ratings and total assets of the largest banks. Ratings from Moodys, Standard & Poors and Fitch were used. (Ratings current on 25th October, 2013.)
The full report covers the safest banks in Central and Eastern Europe, Asia, the Middle East, Latin America and Sub-Saharan Africa. For companies looking to expand into new markets, choosing the right banking partner is critical, says
Global Finance
publisher Joseph D. Giarraputo. This ranking is an invaluable tool for companies to evaluate institutional strength in fast-growing emerging markets.
Rank |
Group Name |
Country |
1 |
BancoEstado | Chile |
2 |
Banco de Chile | Chile |
3 |
Banco Santander Chile | Chile |
4 |
Banco de Crdito e Inversiones | Chile |
5 |
HSBC Mexico | Mexico |
6 |
Banco Santander Mexico | Mexico |
7 |
Banco de Crdito del Per | Peru |
8 |
Banco Nacional de Obras y Servicios Publicos | Mexico |
9 |
BBVA Chile | Chile |
10 |
BBVA Continental | Peru |
11 |
Banco Nacional de Comercio Exterior | Mexico |
12 |
Scotiabank Peru | Peru |
13 |
First Citizens Bank | Trinidad & Tobago |