Author: Joseph Giarraputo

Global Finance names the 2011 World's Best Emerging Market Banks in Latin America


NEW YORK, March 24, 2011 — Global Finance magazine has named the “Best Emerging Market Banks in Latin America” in an exclusive survey to be published in the May 2011 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging market bank in the region and in 23 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

This is the eighteenth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Asia, the Middle East and Africa, Latin America, and Central and Eastern Europe. “We remain in an unusually challenging environment for banks and their customers,” says Joseph Giarraputo, publisher of Global Finance . “More than ever, customers are demanding superior competence from their banking partners. These are the banks best providing that competence.”

Regional Winner: Banco Santander


Banco Santander Rio


Scotiabank Barbados


Belize Bank


Banco de Credito de Bolivia




Banco Santander Chile



Costa Rica

Scotiabank Costa Rica
Dominican Republic Banco Popular Dominicano
Ecuador Banco Pichincha
El Salvador Banco Agrícola
Guatemala Banco Agromercantil
Honduras Banco Atlántida
Jamaica Scotiabank Jamaica
Mexico Banamex
Panama Banco General
Paraguay BBVA Paraguay
Peru BBVA Banco Continental
Puerto Rico Banco Santander Puerto Rico
Trinidad & Tobago Scotiabank Trinidad & Tobago
Turks & Caicos Scotiabank Turks & Caicos
Uruguay Banco Santander Uruguay
Venezuela BBVA Banco Provincial