Global Finance Names the Safest Emerging Markets Banks in Latin America 2013

SafestEmergingMarketsBanks13

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 Moody’s, Standard & Poor’s 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.”

SAFEST EMERGING MARKETS BANKS IN LATIN AMERICA 2013
Rank Group Name Country
1 BancoEstado Chile
2 Banco de Chile Chile
3 Banco Santander Chile Chile
4 Banco de Crédito e Inversiones Chile
5 HSBC Mexico Mexico
6 Banco Santander Mexico Mexico
7 Banco de Crédito del Perú 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