Peru

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Peru

Best bank
Banco de Crédito del Perú Best debt house
Citigroup

Despite strong competition from BBVA?s Banco Continental, Banco de Crédito del Perú remains the best bank in Peru. Its $6.7 billion of assets dwarf Continental?s $3.6 billion, and its net income of $89 million is easily the largest in the banking system.

In the debt markets, Peru issued two bonds over the past year: a 30-year deal in November through JPMorgan, and a 12-year deal in April through Citigroup. JPMorgan seems to have lost the hold it had held on Peruvian sovereign mandates.

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