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Latin America’s best digital bank 2023: Davivienda

This year’s winner of the award for Latin America’s best digital bank, Davivienda, has not just adopted the digital channels of new startup rivals but has gone further. The bank has embraced digital banking, blockchain adaptation, artificial intelligence and the metaverse. The result is an intriguing and compelling mix of upgraded old-bank processes through digital infrastructure and completely new business opportunities.

July 13, 2023

Awards for Excellence

Central America and Caribbean’s best bank 2023: BAC International Bank

When financial analysts argue about whether economies of scale exist in cross border retail banking, they simply need to point to BAC International Bank (BAC). Led by Rodolfo Tabash, the bank is a big player in all the regional markets and, while these are small individually, together they total more than 50 million people.

July 13, 2023

Awards for Excellence

Latin America’s best investment bank 2023: BofA Securities

BofA Securities retains the award for Latin America’s best investment bank. Last year, the team, led by Alexandre Bettamio, co-head of global investment banking, and Augusto Urmeneta, president for Latin America and head of Latin America Investment banking, claimed the award for a strong regional performance. This year BofA went even further and took the country awards for Colombia, Peru and Brazil. The latter is easily the most important investment banking market in the region.

July 13, 2023

Awards for Excellence

Latin America’s best bank 2023: Banco Santander

Banco Santander’s headquarters are in Europe, but the centre of gravity of its operations has been drifting westward to Latin America for many years now. Over the review period, the bank posted a solid year of progress among many of its Latin American markets, which comprise Brazil, Mexico, Chile, Argentina, Uruguay, Colombia and Peru.

July 13, 2023

Awards for Excellence

Latin America’s best bank for SMEs 2023: HSBC Argentina

It is not much fun being a banker in Argentina. But while it is pretty much universally tough for everyone, spare a thought for individuals like Juan Parma, HSBC’s chief executive Argentina and head of wealth and personal banking America. Because, while Parma’s peers in Argentine banks face many of the same challenges he does, at least for them the whole organization is still focused on the country. HSBC’s global leadership could be forgiven for skipping over the country in global strategy meetings.

July 13, 2023

Awards for Excellence

CEE’s best bank for corporate responsibility 2023: Erste Group

Good perceptions of corporate social responsibility have become ever more important for banks in central and eastern Europe since the start of the war in Ukraine.

July 13, 2023

Awards for Excellence

CEE’s best bank for transaction services 2023: UniCredit

UniCredit has long been regarded as a leader in corporate banking in central and eastern Europe. Transaction services continues to be a vital part of this regional franchise under Riccardo Madinelli, head of transactions and payments for central and eastern Europe.

July 13, 2023

Awards for Excellence

Awards for Excellence 2023: Best bank in Armenia – Ardshinbank

Geopolitical tensions in the region have provided a welcome boost to Armenian banks’ profitability. Ardshinbank stood out during the awards period for making the most of this opportunity under the leadership of chairman of the management board Artak Ananyan. Profit before tax more than quadrupled in 2022, from Dram16 billion ($42 million) to Dram77 billion.

July 13, 2023

Awards for Excellence

CEE’s best bank for sustainable finance 2023: ING

Last year, ING was the first bank in central and eastern Europe to stop providing dedicated finance to new upstream oil and gas fields, despite the fact that Russia’s invasion of Ukraine threatened energy supply on the continent. The Dutch lender remains the bank of choice for green or sustainability labelled deals in the region.

July 13, 2023

Awards for Excellence

CEE’s best bank 2023: UniCredit

Despite the war in Ukraine, the past year has seen UniCredit operating with more of the purpose and commitment that international banks in central and eastern Europe too often lack.

July 13, 2023

Awards for Excellence

Country Awards for Excellence 2023: Central and Eastern Europe

Best Bank: OTP Bank Albania

July 13, 2023

Awards for Excellence

CEE’s best bank for SMEs 2023: Akbank

Under chief executive Hakan Binbasgil, Akbank demonstrated an innovative and proactive approach to small and medium-sized enterprise banking during the awards period, despite the difficult operating environment in its home market of Turkey.

July 13, 2023

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