Americas | Top 200 Latin American banks

Rankings

Top Latam banks for Tier 1 growth Rank T200 rank Bank Year end Country Tier 1 capital % change 1 125 Bank of Tokyo-Mitsubishi Mexico 12/11 Mexico 298.86 2 64 Bank of Tokyo-Mitsubishi Brazil 12/11 Brazil 156.19 Smaller 3 176 Credit Suisse Mexico 12/11 Mexico 110.59 4 164 BBVA Uruguay 12/11 Uruguay 98.87 Latam banks 5 168 Banco Intermedium 12/11 Brazil 81.73 6 39 Banco BMG 12/11 Brazil 69.36 7 11 Banco de Bogotá 12/11 Colombia 63.42 make biggest 8 30 Banco JPMorgan Brazil 12/11 Brazil 61.98 9 127 Banco Cooperativo Sicredi 12/11 Brazil 57.38 10 160 Banco Itaú 12/11 Argentina 55.85 gains Source for all tables: www.thebankerdatabase.com While the top 10 Latin American banks remain unchanged from Top Latam banks for Assets growth 2011, it is the region’s smaller operations that are leading the pack Rank T200 rank Bank Year end Country Assets % change in terms of profitability and returns.writer Silvia Pavoni 1 176 Credit Suisse Mexico 12/11 Mexico 237.36 2 151 Deutsche Bank Mexico 12/11 Mexico 187.51 3 164 BBVA Uruguay 12/11 Uruguay 147.28 ooking at the top of The Bank- 4 30 Banco JPMorgan Brazil 12/11 Brazil 116.65 er’s 2012 Latin America rank- ing, one may be forgiven for 5 59 Bank of America Merrill Lynch Banco Multiplo 12/11 Brazil 83.35 wondering if any of the smaller 6 125 Bank of Tokyo Mitsubishi Mexico 12/11 Mexico 61.01 banks will ever manage to over- 7 132 Banco Caixa Geral Brasil 12/11 Brazil 52.51 Ltake the region’s giants. There has been no 8 86 12/11 Argentina 51.29 change in the top 10 places since 2011’s rank- 9 193 Bancamia 12/11 Colombia 47.9 ing, with Itaú Unibanco still sitting firmly at 10 170 Banco Multiva 12/11 Mexico 47.89 the top of the list and prime spots occupied by Brazilian and Mexican lenders, with San- Top Latam banks for Return on capital tander’s Chilean operations closing the pack. Rank T200 rank Bank Year end Country Return on capital % There has been some movement outside latest of the top 10, however. Thanks to an astute 1 113 Banco Compartamos 12/11 Mexico 75.65 expansion strategy, Banco de Bogotá has 2 162 Banco del Tesoro 12/11 Venezuela 75.15 expanded its Tier 1 capital by more than 60% 3 50 Banco Santander Rio 12/11 Argentina 73.52 compared with 2011, with asset growth of 4 62 Banco de Galicia 12/11 Argentina 70.68 nearly 20% allowing the Colombian bank to 5 183 Banese 12/11 Brazil 69.69 leapfrog to 11th place from 18th in 2011. 6 130 Banco de San Juan 12/11 Argentina 63.02 Such growth was made possible by the 7 136 Grupo Financiero Guayaquil 12/11 Ecuador 62.89 acquisition of BAC Credomatic, Central 8 41 BBVA Banco Continental 12/11 Peru 58.58 America’s leading specialist. 9 58 BBVA Banco Frances 12/11 Argentina 58.12 Looking at profitability,M exico’s microfi- nance specialist Banco Compartamos tops 10 172 Banpara 12/11 Brazil 57.19 the return on capital (ROC) table, with a ratio of more than 75%. Compartamos sits in 113th Country aggregates place in the regional ranking by Tier 1. Country Number of Assets Assets as a Profits Aggregate Tier 1 Aggregate Banks $m % of Latam $m ROA $m ROC The banks with the highest ROC and Brazil 50 2,190,215 61.96 41,763 1.91 172,115 24.26 return on assets are, for the most part, in the lower half of the overall regional rankings, Mexico 24 420,191 11.89 7,508 1.79 33,449 22.45 which would suggest that Latin America’s Chile 17 230,370 6.52 3,791 1.65 16,173 23.44 smaller institutions are performing better, in Colombia 16 174,563 4.94 3,812 2.18 15,841 24.06 relative terms, than its larger ones. There is Venezuela 16 136,869 3.87 2,647 1.93 8,810 30.04 also a trend of higher profitability among Argentina 18 128,513 3.64 4,398 3.42 9,911 44.38 specific markets and regions. For instance, Peru 9 76,623 2.17 2,380 3.11 5,505 43.23 banks specialising in the microfinance sector Panama 16 69,952 1.98 1,380 1.97 6,839 20.18 are performing strongly, while the Argentin- Uruguay 6 24,583 0.70 397 1.62 2,240 17.74 ian lenders Banco Santander Rio and Banco Costa Rica 7 23,460 0.66 340 1.45 2,275 14.96 de Galicia occupy third and fourth place in Ecuador 6 21,824 0.62 434 1.99 1,470 29.51 the ROC ranking, respectively. Guatemala 5 18,787 0.53 367 1.95 1,326 27.66 Mexican banks top the most improved El Salvador 5 10,416 0.29 240 2.31 1,159 20.71 Tier 1 capital and assets tables. Bank of Tokyo Mitsubishi Mexico recorded capital growth of Paraguay 4 7403 0.21 205 2.77 542 37.84 nearly 300% and Credit Suisse Mexico wit- Belize 1 1200 0.03 -7 -0.61 421 -1.73 nessed asset expansion of nearly 240%. Grand Total 200 3,534,969 100.00 69,656 1.97 278,077 25.05

86 | The Banker | November 2012

Top 200 Latin American banks | Americas

Rankings

top 200 Latin American banks 1–100

Tier 1 capital Assets Tier 1 capital Assets $m %ch $m %ch PTP* $m %ch $m %ch PTP* 1 Itaú Unibanco Holding 38,185 3.44 436316 -2.58 9733.3 51 Banco ABC Brasil 695 -13.01 5542 -4.13 176.5 Brazil (31/12/11) Brazil (31/12/11) 2 Banco do Brasil 32326 4.02 515611 8.28 9490.2 52 691 -1.61 2979 3.23 68.4 Brazil (31/12/11) Argentina(31/12/11) 3 Banco Bradesco 31312 7.97 385093 7.68 7830.5 53 Interbank 675 33.79 7418 7.77 280.1 Brazil (31/12/11) Peru (31/12/11) 4 Banco Santander Brasil 25773 -3.19 213261 -4.03 4752.0 54 Banco de Venezuela 648 -37.29 20629 0.97 367.1 Brazil (31/12/11) Venezuela (31/12/11) 5 Caixa Economica Federal 11448 14.06 275449 15.92 3594.6 55 Deutsche Bank Brazil 647 n/a 13493 n/a 182.3 Brazil (31/12/11) Brazil (31/12/11) 6 Grupo Financiero BBVA Bancomer 6796 -7.77 87411 -9.09 2207.4 56 HSBC Bank Argentina 628 35.72 6045 23.87 222.5 Mexico (31/12/11) Argentina (30/06/11) 7 6678 -22.14 85745 -7.82 1470.9 57 Bancolombia Panama 626 22.18 7378 18.5 182.2 Mexico (31/12/11) Panama (31/12/11) 8 Grupo Financiero Santander 5123 -4.31 52834 -3.42 1171.9 58 BBVA Banco Frances 626 -2.88 9105 10.56 363.7 Mexico (31/12/11) Argentina (31/12/11) 9 HSBC Bank Brasil 4615 2.31 69824 -3.01 1020.3 59 Bank of America-Merrill Lynch Banco Multiplo 619 2.11 2553 83.35 130.3 Brazil (31/12/11) Brazil (31/12/11) 10 Banco Santander Chile 3857 -1.38 47275 0.27 1003.9 60 ING Bank Mexico 616 -19 6912 -29.98 54.9 Chile (31/12/11) Mexico (31/12/11) 11 Banco de Bogotá 3693 63.42 35420 18.76 969.2 61 Colombia 614 n/a 4142 n/a 122.3 Colombia (31/12/11) Colombia (31/12/11) 12 Bancolombia 3592 12.69 43992 28.55 1098.7 62 Banco de Galicia 606 12.72 11825 32.52 428.2 Colombia (31/12/11) Argentina (31/12/11) 13 Citibank Brazil 3552 n/a 24348 n/a 347.4 63 Banco del Bajio 596 -18.48 6718 -2.37 67.5 Brazil (31/12/11) Mexico (31/12/11) 14 Banco Safra 3189 -3.91 46327 6.54 1092.6 64 Bank of Tokyo Mitsubishi Brazil 570 156.19 2006 19.5 28.6 Brazil (31/12/11) Brazil (31/12/11) 15 Banco Inbursa 3066 -3.94 17230 -9.53 313.4 65 Banco Popular 563 n/a 7311 n/a n/a Mexico (31/12/11) Colombia (31/12/11) 16 Banco de Chile 3011 11.19 41740 6.97 965.8 66 Banco de Costa Rica 551 0.75 6432 12.81 89.2 Chile (31/12/11) Costa Rica (31/12/11) 17 Grupo Financiero Banorte 3002 -5.77 59275 24.03 937.9 67 Citibank Argentina 551 20.14 5088 36.18 271.8 Mexico (31/12/11) Argentina (31/12/11) 18 Grupo Financiero HSBC 2462 -11.16 36062 2.52 255.5 68 BNP Paribas Brasil 546 -7.59 5891 -31.61 195.9 Mexico (31/12/11) Brazil (31/12/11) 19 Mercantil Servicios Financieros 2382 -22.65 23942 -21.76 619.0 69 Banco Nacional de Panama 540 2.22 7020 14.41 107.1 Venezuela (31/12/11) Panama (31/12/11) 20 Banco de la Nacion Argentina 2362 21.15 37534 3.76 1134.2 70 Banco Cruzeiro do Sul 539 5.27 7073 9.59 -90.9 Argentina (31/12/11) Brazil (31/12/11) 21 Banrisul 2343 15.93 20045 5.19 698.6 71 Banco Bicentenario 538 -32.08 12923 -22.65 35.5 Brazil (31/12/11) Venezuela (31/12/11) 22 Banco de Credito e Inversiones (BCI) 1993 14.23 30893 9.58 599.0 72 Helm Bank 538 14.87 6694 20.5 n/a Chile (31/12/11) Colombia (31/12/11) 23 Banco Davivienda 1966 45.08 18879 26.87 422.0 73 Banco Hipotecario del Uruguay (BHU) 535 6.61 1328 -4.94 94.4 Colombia (31/12/11) Uruguay (31/12/11) 24 Banco de Credito del Peru (BCP) 1907 22.29 26801 6.09 759.0 74 Grupo Financiero Pichincha 530 n/a 9527 n/a 129.3 Peru (31/12/11) Ecuador (30/09/11) 25 Banco Estado 1752 -3.99 40029 -0.28 313.0 75 Banco Popular 530 11.96 3222 13.49 107.9 Chile (31/12/11) Costa Rica (31/12/11) 26 Scotiabank Inverlat 1734 -13.81 12698 -12.75 258.7 76 Banco de la Ciudad de 519 29.6 4799 7.34 204.6 Mexico (31/12/11) Argentina (31/12/11) 27 BBVA Banco Provincial 1540 -15.95 16587 -10.78 747.4 77 Banco Fibra 517 8.22 5875 -1.42 -66.8 Venezuela (31/12/11) Brazil (31/12/11) 28 Banco de Occidente 1425 19.41 10650 13.7 146.5 78 Grupo Société Générale 511 -21.4 3483 -15.66 -77.1 Colombia (30/12/11) Brazil (31/12/11) 29 CorpBanca 1393 22.58 17044 12.02 278.4 79 Banco Provincia 505 23.12 11007 6.7 146.7 Chile (31/12/11) Argentina (31/12/11) 30 Banco JPMorgan Brazil 1248 61.98 15712 116.65 83.9 80 Banco de la Nacion 503 5.07 8401 11.49 207.6 Brazil (31/12/11) Peru (31/12/11) 31 HSBC Bank Panama 1235 8.38 13587 -7.17 172.5 81 Banco Agrario de Colombia 493 19.25 8409 14.54 264.3 Panama (31/12/11) Colombia (31/12/11) 32 Banco do Nordeste 1228 -3.59 14098 -0.06 360.0 82 Banco Pine 479 5.83 5948 10.14 141.7 Brazil (31/12/11) Brazil (31/12/11) 33 Credit Suisse Brazil 1132 -31.35 18081 19.95 522.3 83 Banco Industrial 458 n/a 7553 n/a 113.0 Brazil (31/12/11) Guatemala (31/12/11) 34 Banco General 1117 8.45 9492 9.91 268.4 84 Banco Security 444 20.41 7501 12.47 78.3 Panama (31/12/11) Chile (31/12/11) 35 Bicbanco 1071 -7.03 9328 -7.95 144.1 85 Banestes 441 -5.07 5502 -4.35 54.9 Brazil (31/12/11) Brazil (31/12/11) 36 Banesco Banco Universal 1023 -35.23 18487 -7.93 318.9 86 Banco Patagonia 437 5.98 4517 51.29 231.4 Venezuela (31/12/11) Argentina (31/12/11) 37 Banco de la Republica 1010 0.4 11957 17.48 298.9 87 Banco Nacional de Costa Rica 436 9.32 6967 5.97 54.5 Uruguay (31/12/11) Costa Rica (31/12/11) 38 BBVA Colombia 1010 22.81 13436 21.06 316.4 88 BCB Holdings 421 4.62 1200 1.1 -7.3 Colombia (31/12/11) Belize (31/12/11) 39 Banco BMG 1005 69.36 18001 14.07 174.8 89 Banco de Brasilia (BRB) 416 32.67 4646 1.28 105.8 Brazil (31/12/11) Brazil (31/12/11) 40 Scotiabank Chile 993 4.29 11084 1.73 155.6 90 Banco Colpatria 410 2.64 6999 34.36 161.9 Chile (31/12/11) Colombia (31/12/11) 41 BBVA Banco Continental 956 12.93 15673 16.5 559.8 91 Rabobank International Brasil 409 7.09 5861 19.98 120.3 Peru (31/12/11) Brazil (31/12/11) 42 945 11.59 9674 14.15 428.1 92 Banco Agricola 408 -1.54 3576 -3.4 143.1 Argentina (31/12/11) El Salvador (31/12/11) 43 BAC Panama 929 10.79 9199 9.4 299.0 93 Banco Sofisa 406 -10.89 2383 -14.7 10.6 Panama (31/12/11) Brazil (31/12/11) 44 Banco da Amazonia 923 -11.62 5265 4.89 26.1 94 Banco Parana 391 -7.07 1828 0.27 215.4 Brazil (31/12/11) Brazil (31/12/11) 45 Scotiabank Peru 911 26.78 11918 15.27 410.0 95 Banco BICE 391 -0.84 6811 16.68 93.5 Peru (31/12/11) Chile (31/12/11) 46 BBVA Chile 894 -6.93 16401 3.71 162.8 96 Banco Crédit Agricole Brasil 389 -11.64 832 -16.25 30.1 Chile (31/12/11) Brazil (31/12/11) 47 Banco Daycoval 876 -3.45 6049 21.43 218.0 97 Grupo Financiero Interacciones 387 9.16 8331 12.05 78.6 Brazil (31/12/11) Mexico (31/12/11) 48 Banco Occidental de Descuento 781 7.09 8023 -18.71 54.6 98 Banco Mercantil do Brasil 385 -1.81 5612 -0.12 37.6 Venezuela (31/12/11) Brazil (31/12/11) 49 Banco Latinoamericano de Exportaciones (Bladex) 761 8.56 6360 24.71 83.2 99 Banco Caja Social 380 6.4 4672 15.92 91.2 Panama (31/12/11) Colombia (31/12/11) 50 Banco Santander Rio 715 25.05 10717 18.53 525.5 100 Banco Barclays 377 -0.59 3443 -4.23 39.4 Argentina (31/12/11) Brazil (31/12/11) * - pre-tax profits ($m)

November 2012 | The Banker | 87

Americas | Top 200 Latin American banks

Rankings

top 200 Latin American banks 101–200

Tier 1 capital Assets Tier 1 capital Assets $m %ch $m %ch PTP* $m %ch $m %ch PTP* 101 Banco Regional de Monterrey (BanRegio) 366 31.29 4688 11.37 101.0 151 Deutsche Bank Mexico 171 1.79 14208 187.51 18.2 Mexico (31/12/11) Mexico (31/12/11) 102 Banco BVA 365 48.85 3595 33.73 8.7 152 Banco Itaú Paraguay 170 19.18 1959 40.9 85.6 Brazil (31/12/11) Paraguay (31/12/11) 103 Banco Azteca 362 3.26 5871 8.04 105.5 153 ProduBanco 169 9.9 2566 7.6 45.9 Mexico (31/12/11) Ecuador (31/12/11) 104 Banrural 349 11.97 4163 15.8 136.2 154 Scotiabank El Salvador 169 -18.43 1855 0.45 29.0 Guatemala (31/12/11) El Salvador (31/12/11) 105 Banco AV Villas 346 n/a 3921 n/a n/a 155 Banco Invex 167 7.84 1267 -22.94 21.2 Colombia (31/12/11) Mexico (31/12/11) 106 Banco Santander Uruguay 323 12.68 4570 3.42 22.5 156 Banco Industrial de Venezuela 167 n/a 4949 -7.69 17.3 Uruguay (31/12/11) Venezuela (31/12/11) 107 Banco del Pacifico 315 9.36 2836 22.26 55.8 157 Banca Afirme 166 -4.09 6357 34.74 11.2 Ecuador (31/12/11) Mexico (31/12/11) 108 JP Morgan Chase Bank Chile 311 -2.42 677 -19.75 43.2 158 HSBC Bank Chile 165 -17.55 2461 -4.58 -21.0 Chile (31/12/11) Chile (31/12/11) 109 Banco Exterior 308 -37.89 5434 -6.73 126.6 159 Bank of America Argentina 164 -10.36 218 -8.23 -4.9 Venezuela (31/12/11) Argentina (31/12/11) 110 Banco G&T Continental 306 9.41 4507 15.53 64.1 160 Banco Itau Argentina 159 55.85 1831 29.33 5.6 Guatemala (31/12/11) Argentina (31/12/11) 111 BBVA Panama 305 12.56 2147 2.34 48.1 161 Deutsche Bank Chile 159 13.36 1871 -27.07 36.7 Panama (31/12/11) Chile (31/12/11) 112 CorpBanca Colombia 299 15.91 3990 18.25 100.0 162 Banco del Tesoro 158 -29.13 6055 12.32 118.8 Colombia (31/12/11) Venezuela (31/12/11) 113 Banco Compartamos 288 -3.42 987 8.51 217.6 163 Global Bank Group 152 -19.57 2909 22.8 44.1 Mexico (31/12/11) Panama (31/12/11) 114 Banco Sumitomo Mitsui Brasileiro 281 4 1100 9.49 31.3 164 BBVA Uruguay 148 98.87 2547 147.28 -35.6 Brazil (31/12/11) Uruguay (31/12/11) 115 274 9.14 4995 37.22 59.2 165 Rabobank Chile 147 19 1465 15.32 -7.1 Argentina (31/12/11) Chile (31/12/11) 116 Banco GNB Sudameris 273 10.79 5090 22.01 72.0 166 Banco Supervielle 146 16.33 2265 26.12 55.3 Colombia (31/12/11) Argentina (31/12/11) 117 Banco BBM 271 -6.25 1244 -58.02 70.4 167 Scotiabank Costa Rica 139 n/a 2073 n/a 12.8 Brazil (31/12/11) Costa Rica (31/12/11) 118 JPMorgan Chase Bank Mexico 268 -19.3 1606 -27.11 5.6 168 Banco Intermedium 139 81.73 492 47.01 5.1 Mexico (31/12/11) Brazil (31/12/11) 119 Bank of America Mexico 265 -5.23 3317 -15.94 75.6 169 Citibank Venezuela 134 -50.32 1065 -34.63 10.0 Mexico (31/12/11) Venezuela (31/12/11) 120 Banco del Caribe 265 -19.9 5125 -3.62 101.3 170 Banco Multiva 134 10.27 1483 47.89 10.4 Venezuela (31/12/11) Mexico (31/12/11) 121 WestLB Brasil 264 -9.86 1347 -20.09 44.1 171 Banco WWB 132 n/a 421 n/a 13.7 Brazil (31/12/11) Colombia (31/12/11) 122 ING Bank Brazil 254 -2.14 1011 3.53 34.9 172 Banpara 132 15.77 1461 22 75.7 Brazil (31/12/11) Brazil (31/12/11) 123 Standard Bank Argentina 252 9.86 4099 27.2 115.6 173 Banco Bolivariano 131 13.3 1874 12.86 38.6 Argentina (31/12/11) Ecuador (31/12/11) 124 DNB Bank Chile 249 -9.99 399 19.38 19.4 174 Banco Regional 130 7.83 1908 22.48 33.2 Chile (31/12/11) Paraguay (31/12/11) 125 Bank of Tokyo-Mitsubishi Mexico 245 298.86 701 61.01 -4.1 175 Banco Consorcio 128 33.33 1494 25.99 19.5 Mexico (31/12/11) Chile (31/12/11) 126 Citibank El Salvador 236 -11.85 1967 -12.72 23.5 176 Credit Suisse Mexico 128 110.59 3346 237.36 24.4 El Salvador (31/12/11) Mexico (31/12/11) 127 Banco Cooperativo Sicredi 234 57.38 9016 20.73 46.9 177 Banco Financiero 127 15.07 1670 35.81 16.4 Brazil (31/12/11) Peru (31/12/11) 128 BAC San José 233 33.16 2435 15.61 78.2 178 BBVA Paraguay 127 37.73 1655 8.11 25.9 Costa Rica (31/12/11) Paraguay (31/12/11) 129 HSBC Bank El Salvador 232 2.23 1784 -5.16 18.7 179 Nuevo Banco Comercial 124 -31.29 1809 20.66 -3.3 El Salvador (31/12/11) Uruguay (31/12/11) 130 Banco de San Juan 230 5.77 1449 39.5 144.6 180 BICSA Panama 124 12.15 1372 28.1 17.6 Argentina (31/12/11) Panama (31/12/11) 131 Banco Industrial do Brasil 224 -7.2 1318 -1.49 24.9 181 Banco Aliado 123 -1.82 1480 23.08 18.7 Brazil (31/12/11) Panama (31/12/11) 132 Banco Caixa Geral Brasil 215 -9.8 652 52.51 8.2 182 Banco Internacional Ecuador 123 8 1711 6.18 37.4 Brazil (31/12/11) Ecuador (31/12/11) 133 Corp Banca 212 -43.48 3534 -25.47 30.0 183 Banese 122 15.95 1502 -2.35 84.9 Venezuela (31/12/11) Brazil (31/12/11) 134 Banesco Panama 210 28.48 2416 46.55 53.3 184 Banco Falabella Peru 122 n/a 849 n/a 56.8 Panama (31/12/11) Peru (31/12/11) 135 Citibank Costa Rica 203 -2.43 971 -10.55 -9.6 185 Citibank Panama 121 -9.75 865 -26.37 4.0 Costa Rica (31/12/11) Panama (31/12/11) 136 Grupo Financiero Guayaquil 202 15.79 3310 17.49 126.8 186 Banco Interamericano de Finanza (BIF) 121 20.23 1963 18.59 34.1 Ecuador (31/12/11) Peru (31/12/11) 137 Caja de Ahorros 199 7.99 1898 16.83 23.5 187 Banco Ahorro Famsa 118 2.42 913 -3.98 21.1 Panama (31/12/11) Mexico (31/12/11) 138 Bancoob 195 29.23 6473 1.45 34.8 188 Bancoppel 117 51.96 1038 25.37 22.7 Brazil (31/12/11) Mexico (31/12/11) 139 Barclays Bank Mexico 193 14.74 1194 -73.41 61.5 189 Banco Continental 116 11.45 1881 25.25 60.3 Mexcio (31/12/11) Paraguay (31/12/11) 140 Multi Financial Group 192 8.17 2094 17.92 31.4 190 BAC El Salvador 115 3.37 1234 3.92 25.8 Panama (31/12/11) El Salvador (31/12/11) 141 Scotiabank Brasil 191 19.58 227 -27.07 1.7 191 Citibank Guatemala 110 1.65 823 -3.78 29.9 Brazil (31/12/11) Guatemala (31/12/11) 142 Banco Rural 191 -27.71 2576 0.86 -82.0 192 Banvivienda 106 9.26 1040 -1.03 8.2 Brazil (31/12/11) Panama (31/12/11) 143 Venezolano de Credito 191 -28.98 2049 -23.29 50.4 193 Bancamia 105 23.82 536 47.9 33.7 Venezuela (31/12/11) Colombia (31/12/11) 144 Banco Agricola de Venezuela 191 19.08 2360 21.63 2.2 194 Banco Agromercantil de Guatemala 103 22.41 1741 18.2 23.6 Venezuela (31/12/11) Guatemala (31/12/11) 145 Tribanco 187 13.67 1014 -6.43 25.4 195 Banif Brasil 102 -2.07 1024 -12.75 8.9 Brazil (31/12/11) Brazil (31/12/11) 146 Banco Falabella 187 3.41 2357 22.07 49.5 196 Banco Fondo Comun (BFC) 100 -36.65 2209 -20.57 19.0 Chile (31/12/11) Venezuela (31/12/11) 147 Mibanco 185 54.45 1929 22.94 56.4 197 Deutsche Bank Argentina 100 15.96 366 -3.17 -2.2 Peru (31/12/11) Argentina (31/12/11) 148 HSBC Bank Costa Rica 183 6.03 1360 4.99 7.3 198 Popular Bank 99 27.61 694 10.6 18.7 Costa Rica (31/12/11) Panama (31/12/11) 149 Banco Bonsucesso 181 4.68 1383 -6.24 15.6 199 Banco Itaú Uruguay 99 10.32 2373 21.43 20.5 Brazil (31/12/11) Uruguay (31/12/11) 150 Banco Nacional de Credito 174 -32.39 3498 4.76 28.9 200 Banco Penta 98 -8.96 868 -0.86 0.6 Venezuela (31/12/11) Chile (31/12/11) * - pre-tax profits ($m)

88 | The Banker | November 2012

Americas | Top 200 Latin American banks

Rankings Cost ratio 47.41 79.11 67.21 56.11 51.51 91.12 57.48 67.22 57.02 39.17 67.28 income 34.14 47.38 73.07 51.49 51.93 54.75 48.15 51.85 21.99 53.76 48.15 38.91 46.75 58.47 55.76 49.76 42.57 72.66 74.98 64.43 59.59 80.67 34.23 50.87 78.28 30.48 66.49 70.36 34.55 35.58 54.04 46.24 62.33 60.53 64.08 84.60 99.20 48.50 159.73 103.93 to ratio 7.68 9.62 0.64 assets 11.57 11.55 57.64 31.67 67.69 14.53 43.51 68.17 61.05 41.58 70.67 68.77 61.66 74.93 44.31 48.47 83.79 60.13 59.79 78.35 44.45 53.32 49.87 55.42 49.42 72.05 55.28 53.48 46.87 59.44 56.02 63.49 40.78 23.68 22.36 44.63 54.26 46.33 50.28 54.03 42.32 49.05 33.09 60.63 66.08 66.29 58.08 69.80 Loans 1 1 1 7 7 6 2 3 5 6 5 9 8 8 4 11 17 17 15 13 14 15 19 13 21 12 18 31 12 18 10 16 37 10 27 47 22 45 26 25 36 23 29 42 28 48 49 40 20 30 44 rank assets latest on % 5.11 1.31 1.19 3.61 1.42 5.12 1.43 1.46 1.33 1.54 3.19 1.35 0.67 latest 1.84 0.31 1.00 0.97 3.62 3.49 3.33 2.82 2.55 2.28 4.43 0.44 3.68 2.05 2.23 2.23 2.44 3.02 5.34 0.53 4.26 9.98 2.38 2.89 2.29 2.03 3.99 2.36 -1.14 3.60 0.50 4.90 -1.29 -2.21 11.79 -0.61 -2.27 -0.59 Return

1 7 7 3 5 2 3 5 8 9 6 4 6 8 4 9 11 17 17 14 13 12 19 15 15 12 21 18 13 16 18 10 16 10 47 35 33 45 25 38 29 43 23 44 34 39 48 49 30 20 40 rank latest capital Performance % 23 on 6.2 n/a n/a 37.1 21.7 27.5 7.82 12.2 59.4 9.02 6.43 3.99 11.51 37.19 51.31 -3.28 14.37 31.47 13.43 -4.66 -6.56 37.38 31.07 25.61 21.62 41.07 31.24 26.75 31.59 24.78 41.44 51.85 31.34 50.75 44.77 20.91 22.27 26.59 23.32 23.66 34.86 33.48 55.95 35.03 32.23 33.54 32.94 22.38 -16.01 98.54 previous Return % 7.72 2.61 3.51 31.4 5.01 9.76 6.72 latest 9.78 2.83 9.89 45.3 -1.73 -2.17 -12.9 17.39 37.76 22.11 -3.02 13.45 35.41 12.46 53.01 21.59 46.13 25.01 18.44 58.12 21.05 28.18 25.45 73.52 45.78 39.42 70.68 29.32 25.49 29.39 29.82 35.85 29.03 29.54 63.02 55.04 49.32 24.88 29.36 25.39 34.26 48.02 -16.87 -15.08 88 n/a n/a %ch. -6.7 7.24 7.35 2.03 L->P 5.58 0.56 P->L P->L P->L -21.2 -9.15 137.5 19.15 -0.45 -3.33 -2.99 -0.64 41.97 -4.98 19.69 12.22 14.08 31.23 29.57 80.81 24.39 65.63 45.08 -15.61 32.36 63.98 23.06 -72.51 -10.91 -51.15 -10.72 -14.85 -79.79 -13.85 -19.85 -55.51 -81.36 -24.33 -33.48 122.37 221.66 -261.35 profit

Profits Pre-tax $m 5.60 37.61 -7.30 -2.16 -4.95 26.14 10.59 -77.14 59.25 54.93 83.93 28.56 55.26 30.06 68.36 174.77 115.55 141.65 217.98 -66.76 271.78 146.73 215.45 144.07 105.76 176.54 231.43 144.65 347.40 120.32 195.89 525.47 -90.90 204.61 698.61 130.34 182.34 522.32 222.52 359.98 363.66 428.22 428.09 1134.22 9733.35 1092.58 4752.03 1020.34 9490.16 7830.52 3594.65

1 1 2 7 5 2 3 6 9 4 4 8 8 11 17 17 14 13 15 21 16 13 14 12 10 31 16 18 41 10 18 27 37 47 42 23 29 22 32 35 45 36 38 33 46 43 48 30 44 40 20 rank latest ratio 7 % assets n/a n/a prev. 7.13 8.11 7.22 7.82 7.93 7.63 7.82 13.8 16.3 6.91 3.76 6.27 8.07 6.83 6.98 9.49 6.53 4.22 9.03 8.24 8.02 6.02 6.32 3.98 6.86 8.39 5.39 8.96 9.99 11.37 23.11 15.75 10.61 11.98 77.06 13.25 13.83 10.63 12.28 18.22 10.94 22.73 43.55 24.34 20.82 44.38 33.94 20.88 Soundness Capital % 7.62 8.71 7.94 5.12 6.61 6.16 8.81 8.01 8.13 4.16 9.77 6.87 9.67 latest 8.75 6.67 6.27 6.87 8.70 5.49 5.58 9.28 4.59 8.95 6.26 6.46 6.98 6.29 6.88 8.06 4.80 17.03 17.54 11.48 11.69 27.22 21.42 14.68 75.27 14.59 14.48 35.12 15.84 12.55 10.82 10.83 12.09 10.39 24.25 46.82 28.40 23.20 1.1 6.7 n/a n/a %ch. 27.2 7.68 7.34 19.5 1.28 5.19 3.76 0.27 39.5 9.59 3.23 4.89 6.54 8.28 -14.7 -7.95 -1.42 -3.17 -0.12 -3.01 -4.13 14.15 10.14 37.22 14.07 -4.35 -8.23 -2.58 -4.03 15.92 21.43 -0.06 19.95 19.98 26.12 51.29 18.53 36.18 10.56 23.87 29.33 32.52 83.35 -31.61 -16.25 -15.66 116.65 1 1 1 7 7 2 2 3 5 9 3 5 8 9 6 8 6 4 4 11 11 17 17 15 15 12 21 13 12 14 13 14 16 18 19 10 27 10 47 24 23 22 36 28 34 26 35 25 33 20 30 Rank Assets Size $m 217.87 831.64 366.05 1827.88 2553.11 5611.92 1449.47 1199.50 5861.07 2979.37 7072.68 5502.31 9673.70 5264.57 5891.28 5875.05 4516.90 1830.96 4798.62 2006.21 9104.96 5088.19 2382.69 9328.26 4995.32 2264.89 3483.04 5948.05 5542.05 15712.14 4645.80 4098.85 6045.05 6049.40 18081.11 10716.81 11824.84 46326.61 11006.80 14098.45 13493.06 37534.29 69824.10 24348.48 18000.68 20044.57 515611.43 213261.20 436315.93 275448.79 385092.53 n/a n/a %ch. 2.11 7.97 7.09 9.14 5.77 2.31 5.27 29.6 3.44 8.22 5.83 4.62 9.86 5.98 4.02 -7.07 -1.81 -1.61 -7.59 -7.03 -21.4 -3.91 -3.19 -5.07 -3.45 21.15 -3.59 11.59 12.72 -2.88 23.12 15.93 20.14 14.06 16.33 15.96 32.67 35.72 61.98 55.85 -11.62 69.36 25.05 -11.64 -13.01 -10.89 -10.36 -31.35 156.19 capital 1 Tier Strength $m 99.64 511.37 517.36 647.15 714.78 391.47 691.14 159.35 415.65 274.44 146.33 625.74 551.03 163.99 519.09 619.26 389.37 479.46 876.22 569.78 252.43 229.52 923.35 421.30 546.45 405.78 385.33 440.78 436.58 695.44 628.34 409.33 538.80 505.39 945.09 1227.67 605.90 1132.24 1070.81 2361.74 3188.97 1248.29 4614.89 1004.95 3552.49 2342.90 31312.46 11448.34 38185.16 25773.03 32326.28 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 03/11 06/11 06/11 end Year b y coun t ry anks b A merican Banco Mercantil Banco do Mercantil Brasil Banco Parana Banco Agricole Crédit Brasil Banco Sofisa Banco Amazonia da Rabobank Rabobank International Brasil Banco de Brasilia (BRB) Banco BMG Grupo Société Générale Banco de Juan San Banco Argentina Itaú Banco Fibra Banestes Bicbanco Banco Credicoop Argentina Standard Bank Banco Cruzeiro Banco do Cruzeiro Sul Banco Pine Bank of America Argentina America Bank of BNP Paribas Brasil BNP Paribas Credit Suisse Credit Brazil Banco do Nordeste Banco de la Ciudad de Aires Buenos Banco Patagonia Banco Provincia Bank of Tokyo-Mitsubishi Brazil Tokyo-Mitsubishi Bank of Banco JPMorgan Brazil JPMorgan Banco Citibank Argentina Citibank HSBC Bank Brasil Citibank Brazil Banrisul Banco Santander Brasil Banco de Galicia HSBC Bank Argentina HSBC Bank Bank of America-Merrill Lynch Banco America-Merrill Multiplo Bank Lynch of Banco Safra Caixa Caixa Economica Federal Banco Bradesco Banco do Brasil Itaú Unibanco Holding BBVA Banco Frances BBVA Deutsche Deutsche Bank Brazil Banco Hipotecario BCB Holdings Banco ABC Banco Brasil Deutsche Bank Argentina Deutsche Bank Banco Supervielle Banco Macro Banco de la Argentina Nacion Banco Santander Río Banco Daycoval Bank t in 29 28 27 25 13 30 32 20 17 14 17 23 24 12 12 13 22 26 15 21 10 11 11 9 10 41 16 8 6 8 9 4 6 7 18 7 5 3 2 1 4 19 3 1 15 19 16 2 1 5 14 Prev 32 30 31 29 15 28 27 14 24 14 16 23 26 13 12 13 22 25 15 21 12 11 9 11 10 20 10 8 6 7 9 4 7 5 19 8 5 3 2 1 6 18 4 1 17 18 17 2 1 3 16 Country zil t op La 98 94 96 93 44 91 89 39 78 130 160 77 85 35 115 123 70 82 159 68 33 32 76 86 79 64 30 67 9 13 21 4 62 56 59 14 5 3 2 Br a 1 58 55 52 Belize 88 51 197 166 42 Ranking Argentin a 20 50 47 T200

90 | The Banker | November 2012

Americas | Top 200 Latin American banks

Rankings Cost ratio n/a n/a n/a 57.81 87.76 income 67.92 47.63 47.24 67.54 22.61 22.15 71.89 51.44 34.13 61.43 51.32 56.18 55.78 42.12 41.66 31.26 44.72 61.34 40.51 75.59 71.90 30.47 35.78 38.72 56.76 76.34 59.52 55.25 56.63 54.62 49.45 53.26 49.82 32.63 69.66 93.40 42.55 50.44 56.94 68.03 43.30 35.50 48.66 48.99 40.35 109.43 104.97 102.06 to ratio n/a 7.97 4.57 2.35 assets 77.71 72.71 61.15 19.67 67.32 37.82 37.39 41.57 72.75 67.36 76.67 71.83 71.83 71.34 63.31 43.74 71.08 70.72 50.91 65.57 73.22 76.95 75.03 61.50 80.16 40.01 25.32 73.08 89.97 53.52 61.30 25.69 72.54 78.86 35.69 30.55 66.82 66.62 58.09 45.34 69.84 69.86 56.06 Loans 66.40 68.98 83.06 68.99 56.00 62.90 1 1 1 5 7 2 7 5 2 6 3 2 3 3 3 6 4 9 8 9 9 8 4 4 11 11 11 17 15 16 12 12 13 14 14 13 41 16 10 10 24 32 35 38 43 34 39 33 50 46 rank n/a n/a n/a assets latest on % n/a n/a n/a 1.41 1.31 1.13 1.14 latest 1.37 2.74 3.14 2.51 2.51 1.25 1.63 5.18 2.31 2.12 1.96 2.31 1.95 1.39 2.10 1.89 1.40 1.38 1.04 3.27 1.04 1.94 3.45 0.76 0.87 0.78 3.35 5.66 3.26 4.85 5.66 6.29 6.39 2.24 0.52 2.85 2.95 0.24 2.36 0.06 0.54 0.99 2.50 -3.18 Return -0.48 -0.85

1 1 1 1 7 5 7 6 2 2 8 3 5 6 5 2 3 3 6 4 4 8 4 9 9 11 11 17 15 12 14 13 12 16 14 10 41 31 10 37 27 24 22 32 28 42 36 26 46 50 rank n/a n/a n/a latest capital Performance % 12 on 1.6 0.6 n/a n/a n/a n/a n/a 7.48 3.51 41.5 1.82 12.9 3.93 36.6 -7.93 -8.13 11.37 17.84 14.15 31.61 27.24 47.48 15.62 21.02 31.69 16.22 14.33 10.44 20.61 16.84 21.29 15.04 21.38 23.72 20.91 10.86 31.98 56.87 35.97 30.47 26.25 53.35 22.52 22.24 25.29 33.05 25.86 26.34 35.05 32.64 30.66 20.86 previous Return % 3.8 0.9 n/a n/a n/a 7.77 latest 8.61 8.72 2.37 33.4 23.9 3.69 0.56 11.14 11.14 -4.81 17.64 57.19 16.71 17.84 17.86 15.19 13.74 18.21 16.18 19.91 21.47 13.59 13.89 24.01 15.66 19.98 31.32 10.44 31.96 10.36 10.28 26.24 39.45 53.62 26.54 23.09 69.69 26.38 26.03 25.94 20.38 -12.77 32.08 20.08 30.58 30.06 -42.93 2.3 n/a n/a n/a n/a n/a %ch. -3.6 14.2 7.38 5.76 4.53 23.9 L->P P->L P->L 17.87 -5.31 27.73 -5.67 12.41 -3.64 -8.45 11.88 -6.32 -2.54 16.42 51.45 15.53 19.48 61.23 49.01 34.67 35.35 -11.57 26.36 54.82 42.05 46.99 -15.77 -12.75 -51.14 117.39 -14.06 -74.93 -19.54 -75.39 -50.57 -36.92 -56.24 279.19 433.61 -40.64 -83.08 profit

Profits Pre-tax $m n/a n/a n/a 1.72 5.12 8.19 0.55 8.65 8.86 -7.08 15.61 13.73 91.21 75.73 19.35 36.74 71.99 19.50 31.29 34.75 25.43 44.10 78.33 93.55 39.42 43.23 33.69 89.22 24.89 70.36 84.95 49.50 46.88 34.90 -21.01 107.93 -81.98 155.61 161.89 312.97 100.01 316.44 599.01 965.81 162.84 146.50 122.30 278.39 969.23 264.28 422.03 1003.85 1098.68

1 1 1 7 7 7 5 3 2 6 2 2 5 5 4 3 5 3 8 9 9 6 9 8 6 4 11 11 11 17 12 15 15 14 12 14 13 15 13 12 16 19 16 10 10 26 24 28 25 34 39 49 50 rank latest ratio % 18 assets 9.6 5.9 prev. 8.3 n/a n/a n/a n/a 7.41 7.74 7.47 7.67 9.11 9.11 7.58 7.65 12.3 8.12 5.47 9.73 9.77 8.74 6.19 1.99 6.76 23.5 5.53 9.55 5.63 8.43 9.34 4.55 9.32 2.36 6.84 8.84 8.86 6.08 6.94 17.37 11.74 15.19 12.74 37.83 51.37 16.66 10.34 10.56 22.78 55.83 26.56 82.66 26.89 Soundness Capital % 7.71 7.41 7.21 7.92 latest 7.52 8.17 3.01 8.12 7.50 8.13 5.75 8.81 8.18 8.16 8.57 5.45 6.45 9.92 6.69 5.92 2.59 5.36 5.86 8.60 5.86 9.06 4.38 8.03 8.50 8.96 13.11 25.11 10.41 21.81 10.15 11.30 28.17 10.43 18.45 16.44 19.68 31.46 14.83 13.38 16.96 10.04 19.60 10.96 33.02 84.24 62.33 25.54 46.00 22 n/a n/a n/a n/a %ch. 3.71 13.7 1.73 47.9 1.45 6.97 3.53 0.27 9.49 9.58 20.5 0.86 -1.49 47.01 12.81 -6.43 12.47 -2.35 -6.24 18.76 -4.58 -4.23 -0.86 15.32 13.49 -0.28 15.92 52.51 16.68 19.38 14.54 22.01 18.25 12.02 33.73 22.07 21.06 20.73 26.87 25.99 28.55 34.36 -27.07 -19.75 -12.75 -27.07 -58.02 -20.09 1 1 2 7 7 2 3 5 2 3 9 5 8 6 8 3 9 6 4 4 11 11 17 15 13 14 12 15 14 13 16 12 41 16 18 16 31 10 10 37 32 45 38 39 42 29 43 49 44 48 46 50 40 Rank Assets Size $m 535.75 652.47 676.69 226.70 399.42 492.49 868.26 420.98 1318.21 1011.42 1014.25 1461.26 1346.91 7310.76 4671.73 6811.25 3921.47 1501.68 1465.22 1493.54 1870.88 3443.17 4142.07 1243.54 2461.02 1382.59 2576.22 1023.58 3221.60 9016.33 1099.85 6473.09 3595.42 6432.07 2356.84 3990.45 6999.35 5090.07 6694.46 7500.80 8408.99 11084.17 47274.91 35419.57 41739.65 17043.88 18878.85 10650.18 16401.09 13436.28 43991.88 30893.38 40028.90 4 19 6.4 -7.2 n/a n/a n/a n/a %ch. -9.8 3.41 0.75 4.68 2.64 4.29 -2.14 11.19 -1.38 19.41 -2.07 -2.42 15.77 15.91 13.67 11.96 -6.25 -6.93 -9.99 -3.99 -8.96 14.87 81.73 -9.86 57.38 10.79 -0.59 13.36 -0.84 14.23 20.41 15.95 19.25 19.58 22.81 12.69 -27.71 63.42 -17.55 33.33 23.82 29.23 22.58 48.85 45.08 capital 1 Tier Strength $m 98.09 147.15 187.15 537.71 311.27 132.41 105.41 159.07 377.44 138.72 101.54 121.90 181.20 223.51 271.26 215.48 551.43 194.79 132.46 190.97 190.97 186.55 128.38 614.32 391.44 164.58 410.34 272.89 364.77 233.53 993.42 379.94 894.27 529.54 345.59 253.94 248.94 263.98 299.40 563.40 492.85 280.94 444.09 1752.07 1010.25 1965.72 1992.79 3693.18 1393.40 1425.20 3856.91 3010.53 3592.44 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 end Year b y coun t ry anks b A merican Bank Bancolombia Banco de Bogotá Banco Penta Banco Consorcio Rabobank Rabobank Chile Deutsche Deutsche Bank Chile Banco Falabella HSBC Bank Chile DNB Bank Chile JPMorgan Chase Bank JPMorgan Chile Banco de Costa Rica Banif Brasil Banese Banco Popular Banpara Tribanco Scotiabank Scotiabank Brasil Bancoob Banco Industrial do Brasil Banco BICE Banco WWB Banco Bancamia Banco GNB Sudameris Banco Bonsucesso Banco Intermedium Banco Rural Banco Caixa Geral Brasil Banco Cooperativo Banco Sicredi Cooperativo Banco Security Banco AV Villas AV Banco Scotiabank Scotiabank Chile CorpBanca Colombia WestLB Brasil WestLB BBVA Chile BBVA CorpBanca Banco Colpatria Banco Caja Social ING Bank Brazil Banco Estado Banco BBM Banco Sumitomo Mitsui Brasileiro Banco de e (BCI) Credito Inversiones Banco Agrario Agrario de Banco Colombia Banco Popular Helm Bank Banco de Chile Citibank Citibank Colombia Banco BVA BBVA Colombia BBVA Banco Barclays Banco Santander Chile Banco Davivienda Banco de Occidente t in Prev 1 2 16 17 15 14 13 12 11 1 10 1 49 48 2 47 43 44 45 39 8 n/a 14 12 42 n/a 36 40 46 9 n/a 7 11 33 6 5 9 10 37 3 34 35 4 8 7 6 2 n/a 38 5 31 3 4 a R i ca a Country 2 1 17 16 15 14 12 13 11 1 10 1 50 49 2 48 45 43 42 40 9 15 16 14 46 47 44 41 39 8 12 6 13 37 7 5 10 11 38 4 36 35 3 9 7 8 2 6 34 5 33 3 4 t op La Ranking T200 12 b i a Colom 11 200 175 165 161 146 158 124 CHile 10 108 Cost 66 195 183 75 172 145 141 138 131 95 171 193 116 149 168 142 132 127 84 105 40 112 121 46 29 90 99 122 25 117 114 22 81 65 72 16 61 102 38 100 23 28

92 | The Banker | November 2012

Americas | Top 200 Latin American banks

Rankings Cost ratio 57.11 income 77.51 48.11 63.17 57.53 61.37 78.01 87.03 73.16 48.17 42.12 51.29 63.41 71.09 31.02 55.72 35.12 59.78 85.10 71.90 68.14 54.18 56.73 44.18 38.73 80.13 45.07 55.72 51.50 43.87 43.73 60.77 63.49 83.54 65.54 93.59 53.08 42.02 58.55 64.92 35.36 40.28 43.50 43.08 65.50 45.06 58.00 60.96 to ratio n/a 1.47 1.56 assets 3.66 0.37 0.06 37.19 77.79 43.11 51.51 37.49 77.82 78.41 72.13 51.76 61.73 47.92 67.94 49.61 32.91 61.68 45.16 74.92 48.57 75.38 Loans 34.78 63.65 12.90 59.82 46.42 53.02 70.05 64.46 64.70 46.48 42.44 53.09 62.95 92.24 86.04 68.58 54.20 39.30 68.03 64.96 46.60 38.50 60.60 1 1 1 1 1 5 7 2 2 2 8 7 5 3 3 5 3 5 2 3 9 5 4 6 2 6 2 4 6 4 4 4 11 17 21 15 14 12 16 19 13 12 10 18 24 22 23 20 rank assets latest on % latest 1.19 1.72 1.79 0.71 1.67 1.97 2.15 1.27 1.42 3.21 1.82 1.56 1.58 2.18 1.35 1.05 3.27 2.31 1.36 5.16 1.80 1.50 2.19 0.13 1.00 0.18 0.79 0.73 2.28 2.22 0.78 3.83 2.53 0.35 3.25 3.64 0.62 0.70 2.09 2.04 2.06 0.94 2.83 0.54 4.00 Return -0.58 -0.99 22.05

1 1 1 1 7 2 3 2 5 2 5 5 3 3 9 6 8 3 4 5 2 4 5 6 4 3 4 6 9 8 4 11 11 17 13 12 15 21 19 14 14 12 16 18 10 22 24 23 rank latest capital Performance % on 27 n/a n/a n/a n/a n/a 7.31 1.18 7.32 15.4 6.13 9.18 5.75 2.12 3.16 4.21 9.47 1.33 8.97 6.96 -1.37 11.53 71.67 18.13 12.77 13.87 13.82 19.38 13.36 25.01 21.35 36.31 23.18 12.46 10.89 25.19 21.34 23.73 38.77 26.07 24.62 33.02 26.35 34.63 25.08 25.99 20.53 previous 28.09 Return % 9.2 17.7 17.2 27.1 17.8 latest 7.81 12.5 19.5 10.6 6.75 24.4 8.92 2.08 9.94 3.99 8.08 -1.66 -4.73 14.91 11.32 27.62 27.33 29.12 32.17 22.51 31.87 31.24 10.22 75.65 12.63 10.38 19.03 13.96 24.66 28.54 29.56 32.48 22.03 20.33 33.56 22.88 38.96 35.08 30.35 22.94 62.89 24.04 20.94 %ch. n/a n/a n/a n/a n/a 27.1 6.71 1.95 9.14 55.2 4.03 L->P P->L 9.84 P->L 11.61 17.69 -3.78 -1.08 -77.11 91.78 52.41 32.41 25.74 39.47 41.48 34.76 44.62 25.64 -11.07 92.82 -21.31 -13.48 -19.98 -32.81 113.59 -52.97 -34.02 -55.38 -28.96 -35.96 -40.49 201.44 -48.06 104.69 100.54 2911.88 1628.36 profit

Profits Pre-tax $m 7.30 5.58 11.22 -4.07 67.46 18.73 21.16 18.16 37.38 -9.60 25.81 75.62 12.82 10.44 23.57 55.76 78.63 22.73 24.37 21.09 61.54 78.23 23.50 54.48 54.89 28.99 45.89 38.64 29.94 64.06 217.65 136.16 112.98 172.53 937.86 101.00 313.36 143.09 129.33 126.80 105.50 255.46 258.68 299.03 268.36 1171.95 1470.87 2207.37

1 1 1 1 1 2 2 7 2 7 5 2 4 3 5 3 3 6 3 5 4 4 4 6 3 5 6 5 4 8 9 8 11 17 14 15 13 21 12 19 18 16 10 10 22 24 23 20 rank latest ratio % assets 7.7 5.7 prev. 3.4 n/a n/a n/a 7.17 15.1 11.9 7.79 7.09 7.66 7.88 7.08 4.77 12.6 6.18 6.13 8.31 6.67 3.75 3.67 9.79 6.62 6.46 9.45 9.22 6.46 9.34 8.68 6.95 9.26 9.98 6.06 11.19 11.19 14.12 19.15 11.92 12.16 16.76 12.42 13.83 10.63 13.33 32.75 12.06 12.08 Soundness Capital % latest 7.77 7.79 6.17 1.21 7.99 7.80 7.20 8.91 9.01 6.72 9.57 8.87 5.07 9.70 6.79 9.29 4.64 6.83 2.62 5.56 6.25 3.83 8.40 9.09 6.98 6.06 6.09 6.60 11.11 9.09 5.90 11.41 16.71 11.76 17.80 13.31 12.01 11.23 16.18 29.15 10.10 13.66 13.46 12.97 13.22 12.99 34.99 20.88 7.6 9.4 %ch. n/a n/a n/a -3.4 15.8 8.51 6.18 18.2 9.91 -7.17 5.97 3.92 2.52 0.45 8.04 4.99 -7.82 17.49 11.37 -5.16 -2.37 -3.78 -3.42 15.61 -9.53 61.01 -3.98 -9.09 -27.11 15.53 47.89 12.05 12.86 34.74 25.37 24.03 22.26 -73.41 -12.75 -12.72 187.51 -15.94 -10.55 -29.98 -22.94 237.36 1 1 1 1 1 1 7 2 7 5 3 5 3 2 2 9 5 3 5 8 3 4 6 2 6 5 4 4 2 6 3 4 4 11 17 13 14 16 15 12 21 10 19 18 22 24 23 20 Rank Assets Size $m 987.11 701.12 913.13 971.45 822.68 3317.13 1741.47 1711.32 1967.14 6717.64 6357.14 9527.18 1234.13 1784.27 1605.74 1193.60 1854.73 5870.81 6911.60 1873.94 4687.64 4507.43 1359.66 6967.02 4162.83 2565.75 2434.67 3575.84 3310.40 8331.50 3346.01 7553.09 1266.94 2835.79 2073.38 1482.80 9198.86 1038.50 9492.44 14207.67 59274.72 85745.01 17229.89 87410.94 12698.35 13586.90 36061.94 52834.44 8 -19 9.9 %ch. n/a n/a n/a 13.3 9.41 1.79 9.16 7.84 1.65 3.37 3.26 2.23 2.42 -7.77 8.45 9.32 6.03 9.36 8.38 -19.3 -1.54 -5.77 -4.31 11.97 -3.42 -5.23 14.74 -2.43 -3.94 15.79 22.41 10.27 -4.09 31.29 10.79 33.16 51.96 -11.16 -13.81 -11.85 -18.43 -18.48 -22.14 110.59 298.86 capital 1 Tier Strength $m 167.47 114.67 123.17 615.71 171.26 193.13 287.70 118.44 116.58 130.72 102.73 183.07 365.61 245.31 133.59 139.26 315.05 407.86 231.86 201.62 169.36 109.53 264.97 166.26 168.60 128.09 435.76 458.07 362.25 349.48 236.35 929.43 202.87 596.05 305.87 268.40 386.84 233.08 530.08 1116.50 6677.72 1235.47 1734.40 2461.76 5123.08 6795.66 3002.27 3066.46 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 end Year 09/11 b y coun t ry anks b A merican Bank Bank of Tokyo-Mitsubishi Mexico Tokyo-Mitsubishi Bank of Bank of America Bank Mexico of JPMorgan Chase Bank JPMorgan Mexico Banco Azteca Banco Banco Compartamos Banco Regional de Monterrey Banco (BanRegio) Regional de Monterrey Grupo Financiero Interacciones Banco del Bajio BAC El Salvador BAC Banrural Scotiabank Scotiabank Inverlat ING Bank Mexico Scotiabank Scotiabank El Salvador Banco Industrial HSBC Bank El Salvador Citibank Citibank El Salvador Grupo Financiero HSBC Banco Agricola Banco Banco Internacional Ecuador Banco Bolivariano Banco Inbursa Grupo Financiero Banorte ProduBanco Grupo Financiero Santander Grupo Financiero Guayaquil Grupo Financiero Banamex Banco del Pacifico Grupo Financiero Pichincha Scotiabank Scotiabank Costa Rica HSBC Bank Costa Rica Grupo Financiero BBVA Bancomer Grupo Financiero BBVA Citibank Citibank Costa Rica Banco Agromercantil de Agromercantil Guatemala Banco BAC José San BAC Citibank Citibank Guatemala Barclays Bank Mexico Barclays Banco Nacional de Costa Rica Banco G&T Banco Continental G&T Deutsche Deutsche Bank Mexico Afirme Banca Banco Multiva Suisse Credit Mexico Ahorro Famsa Banco Banco Invex Bancoppel HSBC Bank Panama Banco General BAC Panama BAC t in Prev n/a 14 12 11 13 15 10 9 5 2 7 8 4 1 3 2 6 1 5 4 4 5 3 3 2 1 1 n/a 5 7 2 4 n/a 6 4 17 3 3 18 16 20 n/a 21 19 n/a 1 2 3 a a dor Country 16 15 14 12 13 11 10 9 5 2 7 8 4 1 3 2 6 1 6 5 4 5 4 3 3 2 2 1 7 6 1 5 5 4 4 17 3 3 18 20 21 22 23 19 24 1 2 3 tem a l a dor a lv Sa u t op La a n m Ranking T200 125 119 118 103 113 101 97 110 63 190 104 26 60 154 G 83 129 126 18 E l 92 182 173 15 17 153 8 136 7 107 u Ec 74 167 148 M exi c o 6 135 194 128 191 139 87 151 157 170 176 187 155 188 P 31 34 43

94 | The Banker | November 2012

Americas | Top 200 Latin American banks

Rankings Cost ratio 67.11 87.51 81.01 51.14 31.16 income 57.35 47.93 39.15 51.49 29.41 72.73 51.93 51.99 46.41 76.78 41.48 44.21 51.54 48.15 46.47 41.44 41.65 84.18 46.37 41.83 72.93 39.72 74.06 73.82 50.01 58.97 33.24 72.26 86.79 24.95 42.87 79.56 33.82 56.93 30.64 30.85 55.94 58.86 34.60 80.20 60.60 38.80 98.04 to ratio 6.37 assets 67.17 17.87 67.14 57.70 81.14 67.33 71.79 72.74 67.60 72.15 77.98 63.18 72.87 51.24 21.92 70.42 72.79 54.27 30.61 63.79 52.49 73.30 60.91 78.56 89.45 63.70 83.42 79.38 39.48 56.95 38.70 35.59 54.06 82.82 92.68 68.70 82.68 62.52 62.63 60.85 39.99 64.86 80.49 48.02 42.99 44.02 34.30 Loans 1 1 1 1 2 2 3 7 7 6 8 7 4 3 3 5 2 2 6 5 5 8 9 4 3 8 5 3 9 6 9 6 4 4 4 11 11 13 15 13 14 14 12 16 15 16 10 10 rank assets latest on % 7.11 1.74 1.51 1.72 1.74 1.57 1.31 3.21 1.78 4.51 1.24 2.21 latest 1.53 1.28 1.26 2.47 2.47 4.37 0.47 1.96 1.50 3.57 1.98 3.78 2.83 0.79 2.59 2.69 0.27 0.68 3.44 2.24 2.46 2.92 6.68 0.49 2.33 0.86 0.35 2.50 0.83 0.86 0.85 0.98 0.94 0.09 -1.40 -0.18 Return

1 1 1 7 7 2 3 7 9 8 5 9 5 3 2 3 2 6 4 3 5 4 6 4 8 6 4 11 13 12 14 15 16 15 16 10 rank latest capital Performance % on n/a 7.91 31.4 3.81 6.75 2.91 2.22 2.03 5.39 5.39 4.35 6.86 5.99 -1.74 -1.46 17.55 21.81 37.84 13.53 14.54 16.52 19.42 -0.94 12.29 36.81 15.85 23.31 28.12 16.36 15.96 10.85 72.66 41.93 10.85 28.78 30.57 50.78 59.49 26.69 44.02 23.98 33.28 23.98 48.36 20.26 35.94 48.33 20.84 previous Return 7 % 6.6 7.74 1.15 7.44 latest 41.3 3.35 6.96 17.64 52.11 15.14 14.14 14.18 31.18 -2.65 11.83 41.14 75.15 41.47 15.79 39.81 26.41 16.62 19.82 46.61 16.38 18.95 18.94 45.01 12.88 10.93 10.39 28.97 20.79 50.45 25.58 20.49 25.99 29.58 48.55 25.38 28.26 56.68 30.55 58.58 29.08 38.29 -23.99 n/a %ch. 9.27 64.3 8.25 -7.18 3.03 4.33 -7.85 -67.3 17.58 47.01 10.61 11.06 11.22 61.51 27.35 31.93 18.07 12.52 28.67 10.86 52.51 49.51 89.78 63.76 20.72 38.87 24.34 26.35 49.02 46.54 -14.73 48.34 98.05 -61.16 -21.78 -16.42 -16.05 -35.98 -38.49 -94.44 191.09 -65.93 120.42 289.82 203.49 248.89 -2646.01 profit

Profits Pre-tax $m 2.19 4.04 8.20 17.56 17.32 -3.29 18.72 23.51 31.43 94.41 20.51 18.68 22.47 16.40 48.13 85.57 53.27 18.96 83.18 56.76 33.22 56.37 34.07 25.95 54.64 10.00 35.52 60.32 50.42 28.89 30.03 44.06 -35.61 747.44 101.31 759.01 107.09 118.82 182.15 367.07 410.01 207.58 318.89 126.58 618.98 559.78 298.86 280.08

1 1 1 1 1 7 2 7 3 5 2 6 3 7 4 9 5 2 3 3 2 2 6 5 4 9 6 3 6 9 8 4 4 8 4 11 11 14 12 12 14 15 13 13 15 16 16 10 rank latest ratio 9 % 7.7 assets 8.5 n/a prev. 7.61 7.73 6.17 7.39 7.25 7.86 7.92 7.33 6.01 7.98 4.14 9.91 6.21 4.74 6.92 9.85 9.23 6.49 5.68 4.58 8.62 9.89 6.35 9.99 6.95 8.23 6.29 8.26 5.05 6.06 16.61 10.31 11.33 11.39 12.91 13.75 12.07 10.45 10.24 12.33 10.06 10.06 35.95 -10.02 Soundness Capital % 7.11 9.11 7.65 7.07 9.17 7.70 6.15 7.63 4.17 7.64 6.81 6.14 9.73 3.14 2.61 latest 4.16 5.16 6.01 9.57 6.87 6.10 3.37 5.53 4.97 8.45 9.28 9.95 5.23 5.83 8.66 9.03 4.53 9.32 8.33 5.66 8.49 8.69 5.98 8.08 11.97 10.19 10.47 14.23 12.62 13.96 14.34 14.20 40.31 n/a %ch. 8.11 7.77 10.6 28.1 16.5 18.5 4.76 3.42 0.97 6.09 22.8 2.34 40.9 -7.93 -7.69 -1.03 17.48 17.92 14.41 -6.73 11.49 -3.62 24.71 15.27 21.43 -4.94 21.63 12.32 16.83 35.81 18.59 25.25 22.48 -18.71 23.08 20.66 46.55 22.94 -10.78 -21.76 147.28 -25.47 -26.37 -20.57 -34.63 -22.65 -23.29 1 1 1 1 7 3 2 7 3 7 6 4 5 2 3 4 4 2 5 6 2 5 6 3 9 5 9 8 8 4 6 9 4 8 11 11 14 15 13 12 14 16 12 15 13 16 10 10 Rank Assets Size $m 694.49 1371.71 849.32 7417.57 864.98 1907.91 1881.27 1327.99 1897.55 2146.73 5125.37 3497.52 1929.42 2415.69 1655.28 7378.42 1958.55 1064.76 1670.09 1963.48 2372.55 3534.16 2546.67 1480.36 1808.82 11918.11 6054.74 2909.37 1040.04 2048.76 5433.56 2208.59 8400.67 8023.30 7020.06 4569.90 2360.09 6360.03 2094.04 4949.30 18487.31 11956.89 15672.99 12923.38 16586.86 23942.45 20629.34 26800.99 0.4 n/a n/a %ch. 7.83 8.17 7.09 6.61 7.99 5.07 9.26 2.22 8.56 -1.82 27.61 -19.9 11.45 37.73 -9.75 12.15 19.18 15.07 10.32 12.68 12.93 12.56 22.18 19.08 26.78 33.79 22.29 98.87 54.45 28.48 20.23 -19.57 -15.95 -37.29 -37.89 -29.13 -31.29 -35.23 -22.65 -36.65 -43.48 -32.39 -50.32 -28.98 -32.08 capital 1 Tier Strength $m 98.62 98.83 115.77 152.11 158.11 121.77 307.71 127.39 124.31 134.41 647.61 761.01 120.74 191.95 173.86 198.72 212.27 126.63 169.62 105.97 129.86 148.46 123.38 123.84 675.37 184.55 100.07 120.54 780.70 910.95 166.60 190.89 535.32 209.87 190.80 955.52 538.46 322.94 502.65 626.38 264.60 304.83 540.39 1010.47 1906.51 1539.65 2381.83 1022.88 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 12/11 06/11 06/11 end Year b y coun t ry anks b A merican Banco Venezuela de Banco de del Credito (BCP) Peru Banco Continental Banco Occidental de Descuento BBVA Paraguay BBVA Banesco Banco Universal Banco Regional BBVA Banco Provincial BBVA Banco Itaú Paraguay Mercantil Servicios Mercantil Financieros Bank Popular Bank Popular Banco Itau Uruguay Citibank Citibank Panama Nuevo Banco Nuevo Comercial Banco Aliado Banco Banvivienda BICSA Panama BICSA BBVA Uruguay BBVA Global Global Bank Group Corporation Banco de la Republica Banco Hipotecario del (BHU) Uruguay Multi Financial Group Banco Interamericano Banco de Interamericano Finanza (BIF) Banco Santander Uruguay Caja Ahorros de Banco Falabella Peru Banco Falabella Banco Fondo Comun Banco (BFC) Fondo Banco Nacional de Credito Banesco Panama Mibanco Banco Financiero Banco Tesoro del Banco Venezuela Industrial de BBVA Panama BBVA Banco de la Nación Citibank Venezuela Citibank Banco Agricola Venezuela Banco de Scotiabank Scotiabank Peru Venezolano de Credito Venezolano Bancolombia Panama Banco Nacional de Panama Interbank Corp Banca Banco Latinoamericano de Exportaciones (Bladex) BBVA Banco Continental BBVA Banco Exterior Banco del Caribe Banco Bicentenario t in 4 1 3 6 4 3 2 2 1 1 n/a 5 12 4 13 15 14 n/a Prev 8 1 2 10 8 3 9 n/a 16 12 11 6 7 13 n/a 7 5 10 15 3 11 6 5 4 8 4 2 7 9 5 a y y a a gu 5 1 2 4 4 3 3 2 2 1 1 16 6 14 5 13 15 12 4 Country 11 1 2 10 9 3 9 8 16 12 8 6 7 14 13 7 5 15 11 3 10 5 6 4 9 4 7 8 6 a r t op La 54 Peru 24 41 189 48 178 36 174 27 152 P V enezuel 19 Ranking 198 199 185 179 181 192 180 164 T200 163 U rugu 37 73 140 186 106 137 184 196 150 134 147 177 162 156 111 80 169 144 45 143 57 69 53 133 49 109 120 71

96 | The Banker | November 2012