Americas: Top 100 Latin American Banks - Brazil Leads The LatAm Pack - Brazilian Banks Continue To Dominate The Region, But Mexico Is Putting Up A Fight For Places In The Top 10.

Banker, The, August, 2005

Brazilian banks dominate the 2005 listing of the Top 100 Latin American banks both in numbers (26) but also in shares in the aggregate figures for Tier 1 capital, (50.5%); assets (50.3%); and pre-tax profits (55.1%). The continued growth of the Brazilian economy, allied to high interest rate levels, has further increased the profitability of the banking sector.

Mexico's eight banks in the listing contributed 19.9%, 19.5% and 21.7% of the same aggregates while the numerically stronger countries, Chile (13 banks), Argentina (12) and Venezuela (9), had significantly lower shares of the aggregates.

The aggregate total for the Top 100 listing for Tier 1 capital was $75.1bn; for assets $881.1bn; and for pre-tax profits $19.9bn. For comparison, at year-end...

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