Publish in Special Reports - Wednesday, September 14, 2022
Nubank headquarters in Sao Paulo. The bank is continuing its strong growth in clients, but leads losses among Latin America's top banks. (Photo: Nubank)
Brazil’s ItauUnibanco most profitable bank in Latin America.
BY LATINVEX STAFF
Although Brazilian digital bank Nubank is slowly but surely gaining traction, it continues to lose money. While the bank ranks 22nd in assets in Latin America, it ranks as the worst money loser on the latest ranking of Latin America’s top banks from Economatica and Latinvex.
Brazil’s ItauUnibanco remains the most profitable bank in Latin America, followed by Bradesco and Banco do Brasil.
In assets, ItauUnibanco also leads, followed by Banco do Brasil and Bradesco.
To see the full rankings, click on the links below.
Keywords: Banamex, Banco Azteca, Banco Davivienda, Banco De Chile, Banco de Comercio, Banco de Credito, Banco Del Bajio, Banco Itau Corpbanca, Banco Pichincha, Banco Popular, Banco Santander, Banco Santander México, Bancolombia, Banorte, BBVA, Bradesco, BTG Pactual, China Construction Bank, Citibank Peru, Colpatria, Grupo Supervielle, HSBC Bank (Chile),Interbank, ItauUnibanco, JP Morgan Chase Bank, Nu Holdings Ltd, Santander BR, Scotiabank Chile and Scotiabank Peru.