GLOBAL FINANCE names the Safest Emerging Market Banks 2012 in Latin America
NEW YORK, November 6, 2012 — Global Finance magazine ( GFmag.com ) has named the “Safest Emerging Market Banks in Latin America” in an exclusive survey to be published in the December 2012 issue. The banks were selected through a comparison of the long-term credit ratings and total assets of the largest banks. Ratings from Moody’s, Standard & Poor’s and Fitch were used. (Ratings current on 15th October, 2012.)
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.”
For editorial information please contact: Andrea Fiano, Editor, email: afiano@gfmag.com
| 1 | BancoEstado (Chile) | 8 | Banco CorpBanca (Chile) |
| 2 | Banco de Chile (Chile) | 9 | BBVA Chile (Chile) |
| 3 | Banco Santander Chile (Chile) | 10 | First Citizens Bank (Trinadad & Tobago) |
| 4 | Banco de Crédito e Inversiones (Chile) | 11 | Banco Bradesco (Brazil) |
| 5 | HSBC Mexico (Mexico) | 12 | Banco Nacional de Comercio Exterior (Mexico) |
| 6 | Itaú Unibanco (Brazil) | 13 | Banco Latinoamericano de Comercio Exterior (Panama) |
| 7 | Banco Santander Mexico (Mexico) |