|
List Of Largest Banks In Latin America
This is the list of the banks in Latin America, as measured by total assets. By total assets The list is based on the April 2023 S&P Global Market Intelligence report of the 50 largest banks in Latin America. See also * List of largest banks * List of largest banks in Africa * List of largest banks in the Americas * List of largest banks in North America * List of largest banks in the United States * List of largest banks in Southeast Asia * List of banks in the Americas References {{Americas topic, List of largest banks in Banks of South America, * Lists of banks in North America, * Lists of banks in South America, * Latin America-related lists Lists of largest companies, Banks in Latin America ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco De Chile
Banco de Chile () is a Chilean bank and financial services company with headquarters in the city of Santiago de Chile. It's a commercial bank that provides a range of financial services to clients. As of December 31, 2012, Banco de Chile has a national network of 434 branches, 1,915 ATMs and other electronic channels of distribution. Since 2008, it has been jointly controlled by the Chilean conglomerate Quiñenco group and US bank Citigroup. Operations are organized around six main commercial divisions: large corporations, SMEs, private clients, consumer finance, international banking and capital markets. Additionally, subsidiaries offer securitization, securities brokerage, mutual investment and bottomry, insurance and factoring, among others. Outside Chile, the bank has had a branch in New York City for more than 20 years and has branches in Miami, São Paulo, Buenos Aires, Mexico City and Hong Kong providing international services. History Founded on 28 October 1893 by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco De La República Oriental Del Uruguay
(also known as Banco República or BROU) is a state-owned commercial bank in Uruguay, founded in 1896 under the presidency of Juan Idiarte Borda. The most important Uruguayan bank with the largest number of customers, it plays a dominant role in lending and deposit in the Uruguayan market. It currently has 124 branches throughout the national territory and 2 abroad. History In the last decades of the 19th century, different social groups such as small merchants and public employees, who, in the framework of the Baring Crisis, demanded access to bank credit, so as not to resort to usury private banks and various lenders. In the ''Agricultural Livestock Congress of 1895'', the creation of a financial institution had been called for to provide agricultural credit, and to adapt the terms and conditions required for rural production. The creation of the Bank was proposed by then Minister of Finance Federico Vidiella, was widely discussed in Parliament and in the local press, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Votorantim
Banco BV is the seventh largest bank in Brazil. It operates in the wholesale, retail, treasury, asset management and brokerage fields, and was founded in 1988. Its headquarters are located in São Paulo, Brazil. The operations of Banco BV is driven by a set of institutions that operate in an integrated way: the Bank provides businesses products and services for the commercial sector and investment, the ''BV Financeira'' operates in the financing and consumer credit; ''Votorantim Asset Management'' (VAM) manages the resources of others, and Vototrantim CVTM makes securities and brokerage. The bank its owned by Votorantim Group and the Banco do Brasil Banco do Brasil S.A. (, ) is a Brazilian financial services company headquartered in Brasília, Brazil. The oldest bank in Brazil, and among the oldest banks in continuous operation in the world, it was founded by John VI, King of Portugal, on ..., the operation was completed on 28 September 2009. Banco do Brasil then hold 4 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBVA Perú
BBVA Perú (formerly BBVA Banco Continental) is a Peruvian bank and subsidiary of Holding Continental (an affiliate of BBVA Banco Bilbao Vizcaya Argentaria, S.A. (), better known by its initialism BBVA, is a Spanish multinational financial services company based in Bilbao, with operative offices in Madrid. It is one of the largest financial institutions in the world, ...) which holds 92.08% of its equity. History The bank was established in 1951, and its operations are authorized by the Superintendencia de Banca, Seguros y AFP (SBS). BBVA Continental is the result of the merger of Banco Continental with Banco Bilbao Vizcaya and Grupo Breca in 1995. In June 2011, the Fitch credit rating agency raised BBVA Continental's investment grade from BBB to A−. The bank conducts its business through 311 branches located in different regions of Peru. As of February 2014, it had 5,429 employees. In 2014, ''Global Finance'' ranked BBVA Continental the "Best Bank in Peru." On June ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intercorp
Intercorp Perú Ltd. is a Peruvian business conglomerate and multinational corporation chaired by Carlos Rodriguez-Pastor. Founded in 1994, it owns numerous well-known brands across different sectors of the Peruvian market. Intercorp primarily operates through two holding companies: Intercorp Financial Services and Intercorp Retail. Its headquarters are in the same building as its subsidiary Interbank, in Santa Catalina, Lima. History The company dates back to 1994, when businessman Carlos Rodríguez-Pastor Mendoza bought the '' Banco Internacional del Perú'' (Interbanc before 1997), then owned by the Peruvian State. After his death a year later, his son, Carlos Rodriguez-Pastor, acquired the bank, creating the conglomerate. The first entity it created was the real estate company ''Urbi Propiedades'', later renamed ''Interproperties''. In 2022, the company expressed its interest in acquiring the '' Banco del Pacífico'', one of the main banks in Ecuador. Subsidiaries The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inbursa
Inbursa is a financial company which, through its subsidiaries, provides banking and related services in Mexico. The company operates business lines in investment funds, general insurance, automobile insurance, mortgages, health insurance, retirement funds and commercial banking. The company is owned by Mexican billionaire Carlos Slim Carlos Slim Helú (; born 28 January 1940) is a Mexican business oligarch, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by ''Forbes'' business magazine. He derived his fortune from his e .... References {{Mexican banks 1992 establishments in Mexico Banks of Mexico Companies based in Mexico City Financial services companies established in 1992 Companies listed on the Mexican Stock Exchange Companies in the Indice de Precios y Cotizaciones Mexican brands ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BAC Credomatic
BAC Credomatic is a financial group in Central America, with operations in Guatemala, El Salvador, Honduras, Nicaragua (where it was founded and former headquarters in the city of Managua), Costa Rica (current headquarters), Panama, Grand Cayman, The Bahamas, and the United States. History Founded in 1952 in Managua as Banco de América Central, BAC was the forerunner of what is now known as the BAC Credomatic Group (Spanish: ''Grupo BAC Credomatic''). By the seventies, the bank ventured into the business of credit cards using the Credomatic brand. In the mid eighties, the Group decided to enter other markets in the region, starting in Costa Rica with the acquisition of what is now known as Banco BAC San José. BAC Credomatic has presence all over Central America, as well as in the United States, Cayman Islands and The Bahamas The Bahamas, officially the Commonwealth of The Bahamas, is an Archipelagic state, archipelagic and island country within the Lucayan Archipelago o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco De La Nación Argentina
Banco de la Nación Argentina (BNA; ) is a large bank in Argentina, and the largest in the country's banking sector. History The Bank of the Argentine Nation was founded on 18 October 1891 by President Carlos Pellegrini, with the purpose of stabilizing the nation's finances following the Panic of 1890; its first director was Vicente Lorenzo Casares. In its early decades it became a leading financing source for agricultural smallholders, and later for commercial and industrial businesses, as well as handling an array of public sector transactions. The bank's reputation suffered after it was revealed that bribes had been received by the board of directors in 1994 when contacting IBM for the supply of computers, software, and communication equipment, becoming a prominent political scandal at the time. Services Long a significant supplier of domestic lending in a credit-tight economy, the bank attempted—with only partial success—to revive the local credit market during the t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scotiabank
The Bank of Nova Scotia (), operating as Scotiabank (), is a Canadian multinational corporation, multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five (banks), Big Five banks, it is the third-largest Canadian bank by deposits and market capitalization. In 2023, the company's seat in Forbes Global 2000 was 88. It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 89,000 employees and assets of CA$1,399 billion as of April 30, 2024 (according to Q2-2024 Report to Shareholders), Scotiabank trades on the Toronto () and New York () exchanges. The Scotiabank SWIFT#Standards, swift code is NOSCCATT and the institution number is 002. Scotiabank was founded in 1832 in Halifax, Nova Scotia, where it was headquartered until relocating to Toronto in 1900. Scotiabank has billed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Safra
Banco Safra is a Brazilian financial services company headquartered in São Paulo. It is the seventh largest banking institution in Brazil and the nineteenth largest in Latin America. It provides services in investment banking, private banking, asset management and retail banking through its neobank '' AgZero''. The bank is part of the financial holding company ''Safra Group''. History The Safra family's history in banking originated with caravan trade between Aleppo, Alexandria and Istanbul during the Ottoman Empire. With the collapse of the Ottoman Empire after the First World War the Safras moved to Beirut. The Safras decided to move to Brazil in 1952. In the 1960s, Joseph Safra and his father, Jacob Safra, founded Banco Safra, S.A. Most of the Brazilian Sephardic Syrian Jewish community established themselves as retail or wholesale merchants. After having established many financial institutions in Lebanon's capital, Beirut in the 1950s, the Safras set up a small specialize ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grupo Aval
Grupo Aval is a Colombian holding company engaged in a wide variety of financial activities, including banking, telecommunications and real estate; in Colombia and Central America. Grupo Aval is controlled by Luis Carlos Sarmiento (estimated net worth of U$11,9 billion), who indirectly owns around 80 percent of its shares. Operations As a holding company, Grupo Aval owns sufficient amounts of voting stock in other companies to control their policies. In addition to its interests in numerous industrial sectors, Grupo Aval controls some of Colombia and Central America's top financial organizations, including: * Banco de Bogotá S.A. (68.9% ownership) - which owns Multibank of Panama (100% ownership) * Banco de Occidente S.A. (72.3% ownership) * Banco Popular S.A. (93.7% ownership) which owns Corficolombiana (8.7% ownership) * Banco AV Villas S.A. (79.9% ownership) * BAC Credomatic (25% ownership) * Casa de Bolsa S.A. in Colombia. BAC Valores(Panamá), Inc. BAC San Jose, Pue ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
