Global Finance names the Safest Emerging Market Banks 2011 in Latin America
NEW YORK, November 3, 2011 — Global Finance magazine ( GFmag.com ) has named the top 10 “Safest Emerging Market Banks in Latin America” in an exclusive survey to be published in the December 2011 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.
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 | Banco Santander-Chile (Chile) | 6 | HSBC México (Mexico) |
| 2 | Banco del Estado de Chile (Chile) | 7 | Itaú Unibanco Holding (Brazil) |
| 3 | Banco de Chile (Chile) | 8 | CorpBanca (Chile) |
| 4 | Banco de Crédito e Inversiones (Chile) | 9 | First Citizens Bank (Trinidad & Tobago) |
| 5 | Banco Santander (México) (Mexico) | 10 | Banco Bradesco (Brazil) |