Colombia’s digital-banking maverick, Banco Davivienda, has strengthened its position through fully exploiting its app DaviPlata to meet the challenges imposed by the pandemic. By simplifying processes such as completing retail purchases to receiving government funds, DaviPlata has succeeded in financially including much of the population.
Produbanco, one of Ecuador’s top banks, has positioned itself as a leader in achieving two equally important goals: digital innovation and sustainability. Focused on both today and tomorrow, this dynamic bank is committed to meeting its customers’ current needs while ensuring that the bank of the future is better than the one of today.
Brazil is among the countries most affected by the COVID-19 pandemic, and its banking sector has been tasked with providing urgently needed financial support to its hard-hit individual and corporate customers. One bank that has stood out during the crisis has been Banco de Brasília S.A. (BRB), serving the Federal District. BRB recently changed its strategy and has met the challenge head-on through timely and successful innovation, leading by example.
The best banking institutions in retail, commercial, private and investment banking are highlighted, along with two outstanding chief executives from their regions.
Few countries in the world can lay claim to having more experience with sovereign defaults than Argentina. Having first failed to pay its debts back in 1827, South America’s second-largest nation has gone on to achieve the undesirable feat on a further seven occasions, with the most recent episode occurring in 2014.
It’s been an eventful last few months for Bolivia, especially since October, when then-President Evo Morales, the country’s leader for more than 13 years, was forced from his position on the back of a disputed election. One of the most economically successful of Latin America’s new crop of leftist leaders who emerged in the new millennium, Morales, a member of the Aymara indigenous group, presided over more than a decade of robust economic growth.
The International Banker 2020 North and South America Awards Winners. The best banking institutions in retail, commercial, private and investment banking are highlighted along with two outstanding CEOs from their regions.
The International Banker 2019 North and South America Awards Winners
The best banking institutions in retail, commercial, private and investment banking are highlighted along with two outstanding CEOs from their regions.
Brazil’s economy is emerging from a difficult few years—but when analysing its prospects, a positive, long-term view is warranted, based on the country’s important position in world trade. With a little help from its friends and its own internal enterprise, this major South American economy, the world’s ninth largest by nominal GDP, has every reason to expect a triumphant comeback.
Chile has been one of South America’s mainstays, lauded as possibly the continent’s wealthiest and most stable country. But the Chilean economy, the health of which is heavily dependent on copper exports, has suffered greatly since the decline of the commodity super-cycle in 2014-15, and credit-rating agencies are showing no mercy—making life even more difficult for the country’s incumbent government.