By and large, 2012 was a good year for Latin America’s Top 100 Banks. With very few exceptions, all banks saw an increase in assets over 2011, although net income was more of a mixed bag.
The top 5 banks are entirely dominated by Brazilian banks, all with assets over $200 billion and net incomes exceeding $1 billion. Brazilian state bank Banco do Brasil tops the list of largest banks with assets of nearly $563 billion, followed by BancoItaúUnibanco, and Bradesco.
Bumpy road ahead for Santos