Davivienda’s dedication to resilience, innovation and sustainability over the review period ensures it remains the leading Colombian private bank. By integrating cutting-edge digital solutions with robust environmental and social initiatives, Davivienda is shaping a more prosperous, inclusive and green future for Colombia.

LarrainVial’s strong growth, innovative solutions and unwavering client focus make it a deserving recipient of the award for best private bank in Chile. The bank has solidified its reputation as one of Chile’s most prominent and innovative financial services firms, providing comprehensive investment solutions to clients.

BTG Pactual cemented its position as Latin America’s best private bank, earning recognition for its strategic growth, innovative investment solutions and strong client focus. In a challenging environment, the bank delivered record results, expanded its international presence and enhanced its digital capabilities, making it a clear winner in the region.

BTG Pactual is a standout financial institution when it comes to the challenge of meeting clients’ often complex succession planning needs. The firm’s succession planning strategy revolves around providing personalised and globally relevant solutions and focuses on its ability to see each client’s unique needs and ambitions. It allows it to design tailored strategies to ensure seamless wealth transitions across generations and markets, whether clients require advice on US estate planning rules, European tax changes, or investment opportunities in the Middle East.

BTG Pactual's relentless pursuit of excellence and innovation and its client-centric approach solidify its position as Brazil's best private bank. This recognition celebrates the bank's leadership in wealth management and its dedication to empowering clients to achieve their financial aspirations.

BTG Pactual’s alternatives team has been investing in alternative investments on a global basis for the past 30 years. It remains steadfastly focused on building strong and long-term relationships with top-tier fund and investment managers across the alternative asset landscape, including the likes of hedge funds, private credit, private equity, real estate and venture capital.

During the review period, BTG Pactual succeeded in achieving its simplified goal of elevating the client experience through technology and innovation. The bank’s commitment to understanding and fulfilling the needs of its private banking clients has driven it to deliver exceptional digital private banking services over the review period. Guided by a client-centric approach, the bank employed technology to provide solutions aligned with the goals, challenges and aspirations of its clients.

BTG Pactual Asset Management demonstrated its leadership in the Brazilian real estate financial sector with strong results over the review period. As one of the country’s largest investment banks, BTG Pactual offers a broad range of services, including market making, brokerage, derivatives trading, insurance, and reinsurance.

One of the largest banks in Latin America, BTG Pactual had a very strong year under the review period, with the bank supporting Brazil's real estate industry’s growth by providing essential credit to large and mid-sized companies. The bank also provides sectoral research and economic analysis throughout Brazil and Latin America.

BTG Pactual Asset Management produced a strong set of results over the review period to show its leadership in the Latin American real estate financial industry, demonstrating strength across a wide range of services and products. As one of the largest investment banks in the region, BTG Pactual offers comprehensive market solutions, including market making, brokerage, derivatives trading, insurance and reinsurance services.

BTG Pactual achieved strong financial performance in the latest fiscal year, with total revenues reaching R$6.0 billion, reflecting a robust 10% year-on-year growth. Adjusted net income rose to R$2.9 billion, a 15% increase year-on-year, underscoring BTG's continued financial health and growth trajectory. This success highlights BTG Pactual’s position as a leading bank in Latin America’s high-growth real estate sector.

BTG Pactual Investment Bank wins Brazil’s best for equities award thanks to its outperformance during the review period.

New transition bond includes step-down, as new ‘green infrastructure’ bond issued.

There is a new force in small and medium-sized enterprise banking in Latin America and that is BTG Pactual. The bank is renowned for forensically analyzing new segments before entering and then aggressively pursuing what it has identified as specific opportunities and market innovations.

Unlike other firms in Latin America, BTG Pactual hides its growing retail digital banking business within its wealth-management division. Why?

Until recently Latin America’s best bank for sustainability in Euromoney’s private banking awards would not have been a domestic franchise. Environmental, social and governance considerations came relatively late to Latin America, and the first wave of ESG-labelled investment funds was an imported novelty from the international banks – particularly the Europeans.

BTG Pactual’s next-generation service proposition is closely – but not exclusively – correlated with its family-office activities, so it is no surprise that its strength in the latter translates into leadership in the former.

In recent years, the private banking industry in Latin America has been undergoing rapid transformation, with lower real interest rates and digitalization fragmenting traditional brands. And senior bankers forming their own boutiques.

In Brazil – and indeed throughout Latin America – the family-office business is critical for private banks.

BTG Pactual is a clear leader in using digital investment to drive service innovation, client satisfaction and private banking performance. It has always been a leading private bank in Brazil (and, latterly, throughout Latin America as well), but its embrace of digitalization has enabled it to pivot its full-service investment platform to a much wider audience than its traditional wealth-management clientele.

The judges have acknowledged BTG Pactual’s hard-earned reputation as one of the leading banks for high net-worth individuals in Brazil – and increasingly beyond.

The echoes of 2014 have been loud in Brazil’s private banking industry over the past 12 months. A precipitous fall in interest rates – followed by a meteoric rise – has left the market completely the same but also very different.

BTG Pactual’s recent success has been based in large part on the digital platform that it has built in recent years. The bank targets opportunities where financial deepening, disintermediation and technological adoption intersect in Latin America.

BTG Pactual isn’t new to winning Euromoney’s regional awards for excellence – but previous successes have been for the bank’s investment banking franchise. This year, Euromoney recognizes BTG Pactual’s successful reversal of the orthodox model of business evolution from retail and corporate banking to investment banking.

While the main story of the 2022 Latin America awards is the emergence of BTG Pactual as a retail force, the bank’s senior management team, headed by chief executive Roberto Sallouti, clearly hasn’t let the investment banking team take its eye off the ball.

Best Bank: BTG Pactual

The bank has achieved growth by extending its traditional private banking services to the mass affluent segment in Brazil.

Ricardo Lacerda launched a boutique investment bank in the aftermath of the 2008 financial crisis. Having finally succeeded in IPOing his firm at the third attempt, he now looks to navigate it through Brazil’s turbulent waters.

State-owned Caixa Economica cashes out of its Pan investment with R$2 billion profit.

The bank has retrenched, rebranded and grown since 2015.