Banco Ficohsa the largest and most advanced bank in Honduras and among the 10 most important banks the Central America

“Banco Financiero Ficohsa’s diverse approach to growth in the past year makes it unique in the region. While many international lenders are exiting Central America, Ficohsa saw, and acted on, the opportunities presented with these departures,” Katie Llanos-Small, Editor-In-Chief of LatinFinance, says.

Ficohsa snapped up Citi’s consumer and credit card businesses in Honduras in July 2014 and also agreed to buy Citibank’s consumer business in Nicaragua less than a year later.

According to Hawley Advisors editorial team the winners after an extensive, detailed process. Shortlists for country categories included the biggest banks by assets in each country, while investment banking shortlists were comprised from leaders in local capital markets league tables. LatinFinance considered extensive financial data for well over 140 institutions throughout the region, as well as market analysts’ opinions and supporting documentation from the institutions themselves. An online survey, which garnered a record number of responses, rounded out the process.

Other winners in LatinFinance’s Bank of the Year Awards include Bradesco, Banco de Chile and BBVA Bancomer. Winners in investment banking include Banca de Inversion Bancolombia, Banamex and Itau BBA. A full list of winners is below and available at www.latinfinance.com/boty.

LatinFinance Bank of the Year Awards winners: The LatinFinance Bank of the Year Awards recognize financial institutions in Latin America and the Caribbean that have demonstrated excellence in retail, commercial and investment services between July 1, 2014 and June 30, 2015. Please click through for full details on the winner in each category.

Bank of the Year Grupo Financiero Ficohsa Argentina Banco Macro

Bolivia Banco Mercantil Santa Cruz Brazil Bradesco Brazil Investment Bank Itau BBA Caribbean Republic Bank Central America BAC Credomatic Chile Banco de Chile Chile Investment Bank Banchile-Citi Colombia Bancolombia Colombia Investment Bank Banca de Inversion Bancolombia Costa Rica BAC San Jose Dominican Republic BanReservas Ecuador Banco Pichincha El Salvador Banco Agricola

Guatemala Banco Industrial Honduras Grupo Financiero Ficohsa

Jamaica National Commercial Bank Mexico BBVA Bancomer Mexico Investment Bank Banamex Microfinance Fundacion Delamujer

Multilateral Inter-American Development Bank Nicaragua Banco Lafise Bancentro Panama Banco General Paraguay Banco Continental Peru Scotiabank Peru Trinidad Republic Bank Uruguay Banco de la Republica Oriental del Uruguay Venezuela BBVA Provincial

Selection process: The awards are selected by LatinFinance’s editors. The selection process takes into account financial data for banks over the reference period, including but not limited to total assets, capital ratios, return on equity and return on assets, as well as market opinion, a review of local league tables and supporting documentation from banks themselves. For more information on the awards, please visit www.latinfinance.com/boty.

About LatinFinance Since 1988 LatinFinance has distinguished itself as a leading source of intelligence on the financial markets and economies of Latin America and the Caribbean. Published from New York and Miami, with a network of correspondents across the region, the Daily Brief delivers the latest news and deal coverage, while the magazine and data-intensive website, latinfinance.com, add the further context and analysis required to do business in these fast-moving markets. Covering debt, equity, structured finance, syndicated loans, private equity and M&A, as well as multilateral financing, people moves and secondary trading, LatinFinance is the essential provider of news and analysis that can’t be found anywhere else. For more information please visit latinfinance.com.

For more information please contact
Hilary Neil
hilary.neil@latinfinance.com

SOURCE: LatinFinance

SOURCE: LatinFinance