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List of largest banks in Latin America

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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.

Rank Bank name Total assets
(2023)
(US$ Billion)
1 Brazil Itaú Unibanco 439.50
2 Brazil Banco do Brasil 379.78
3 Brazil Banco Bradesco 340.41
4 Brazil Caixa Econômica Federal 300.63
5 Brazil Santander Brasil 186.41
6 Mexico BBVA México 158.31
7 Mexico Banorte 106.12
8 Chile Banco de Crédito e Inversiones 98.10
9 Mexico Santander México 92.97
10 Chile Santander Chile 87.74
11 Brazil BTG Pactual 85.24
12 Mexico Citibanamex 72.79
13 Colombia Bancolombia 71.25
14 Chile Banco de Chile 69.36
15 Chile Banco del Estado de Chile 67.20
16 Colombia Grupo Aval 60.99
17 Chile Scotiabank Chile 57.72
18 Brazil Banco Safra 50.76
19 Peru Banco de Crédito del Perú 50.11
20 Colombia Grupo Bolívar 41.96
21 Mexico HSBC México 40.67
22 Mexico Scotiabank México 38.85
23 Argentina Banco de la Nación Argentina 33.42
24 Panama BAC Panama 32.24
25 Mexico Grupo Inbursa 30.41
26 Peru Intercorp Perú 29.27
27 Brazil Banco Cooperativo Sicredi 28.47
28 Brazil Banco Citibank 28.40
29 Peru BBVA Perú 25.74
30 Panama Bicapital Corp. 24.29
31 Brazil Banco Votorantim 23.03
32 Uruguay Banco de la República Oriental del Uruguay 22.00
33 Ecuador Banco Pichincha 21.55
34 Brazil Banrisul 21.50
35 Colombia BBVA Colombia 20.55
36 Panama Promerica Financial Corp. 19.82
37 Guatemala Grupo Financiero BI 19.24
38 Panama Empresa General de Inversiones (EGI) 19.17
39 Argentina Grupo Financiero Galicia 19.11
40 Peru Scotiabank Perú 19.11
41 Dominican Republic BanReservas 18.46
42 Chile Grupo Security 17.43
43 Argentina Banco Provincia 16.91
44 Trinidad and Tobago Republic Financial 16.74
45 Mexico BanBajío 15.92
46 Argentina Santander Argentina 15.25
47 Panama National Bank of Panama 14.60
48 Mexico Banco Azteca 14.42
49 Jamaica NCB Financial Group 13.89
50 Brazil Daycoval 13.37

See also

References

  1. ^ Riordan, Darragh; Ramos, Marissa (April 26, 2023). "Latin America's 50 largest banks by assets, 2023". S&P Global Market Intelligence. Retrieved May 27, 2023.
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