List of largest banks in Latin America explained

This is the list of the banks in Latin America, as measured by total assets.

By total assets

The list is based on the April 2023 S&P Global Market Intelligence report of the 50 largest banks in Latin America.^[1]

data-sort-type="number"	Rank	Bank name	Total assets (2023) (US$ Billion)
1	Itaú Unibanco	439.50
2	Banco do Brasil	379.78
3	Banco Bradesco	340.41
4	Caixa Econômica Federal	300.63
5	Santander Brasil	186.41
6	BBVA México	158.31
7	Banorte	106.12
8	Banco de Crédito e Inversiones	98.10
9	Santander México	92.97
10	Santander Chile	87.74
11	BTG Pactual	85.24
12	Citibanamex	72.79
13	Bancolombia	71.25
14	Banco de Chile	69.36
15	Banco del Estado de Chile	67.20
16	Grupo Aval	60.99
17	Scotiabank Chile	57.72
18	Banco Safra	50.76
19	Banco de Crédito del Perú	50.11
20	Grupo Bolívar	41.96
21	HSBC México	40.67
22	Scotiabank México	38.85
23	Banco de la Nación Argentina	33.42
24	BAC Panama	32.24
25	Grupo Inbursa	30.41
26	Intercorp Perú	29.27
27	Banco Cooperativo Sicredi	28.47
28	Banco Citibank	28.40
29	BBVA Perú	25.74
30	Bicapital Corp.	24.29
31	Banco Votorantim	23.03
32	Banco de la República Oriental del Uruguay	22.00
33	Banco Pichincha	21.55
34	Banrisul	21.50
35	BBVA Colombia	20.55
36	Promerica Financial Corp.	19.82
37	Grupo Financiero BI	19.24
38	Empresa General de Inversiones (EGI)	19.17
39	Grupo Financiero Galicia	19.11
40	Scotiabank Perú	19.11
41	BanReservas	18.46
42	Grupo Security	17.43
43	Banco Provincia	16.91
44	Republic Financial	16.74
45	BanBajío	15.92
46	Santander Argentina	15.25
47	National Bank of Panama	14.60
48	Banco Azteca	14.42
49	NCB Financial Group	13.89
50	Daycoval	13.37

See also

• List of largest banks
• List of largest banks in Africa
• List of largest banks in the Americas
• List of largest banks in North America
• List of largest banks in the United States
• List of largest banks in Southeast Asia
• List of banks in the Americas

Notes and References

1. Web site: Latin America's 50 largest banks by assets, 2023. Riordan . Darragh . Ramos . Marissa. April 26, 2023. S&P Global Market Intelligence. May 27, 2023.