Brazilian banks dominated the Latin American banking industry in terms of market capitalization in 2023. The five largest banks in the region were all Brazilian. Itaú Unibanco had the highest market capitalization with 68.13 billion U.S. dollars. The largest non-Brazilian bank in Latin America was Banco de Chile, with a market capitalization of 11.75 billion U.S. dollars.
Largest banks in Latin America as of December 2023, by market capitalization
(in billion U.S. dollars)
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CompaniesMarketCap.com. (April 9, 2024). Largest banks in Latin America as of December 2023, by market capitalization (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1373591/latin-america-leading-banks-by-market-cap/
CompaniesMarketCap.com. "Largest banks in Latin America as of December 2023, by market capitalization (in billion U.S. dollars)." Chart. April 9, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1373591/latin-america-leading-banks-by-market-cap/
CompaniesMarketCap.com. (2024). Largest banks in Latin America as of December 2023, by market capitalization (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1373591/latin-america-leading-banks-by-market-cap/
CompaniesMarketCap.com. "Largest Banks in Latin America as of December 2023, by Market Capitalization (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Apr 2024, https://www.statista.com/statistics/1373591/latin-america-leading-banks-by-market-cap/
CompaniesMarketCap.com, Largest banks in Latin America as of December 2023, by market capitalization (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1373591/latin-america-leading-banks-by-market-cap/ (last visited December 22, 2024)
Largest banks in Latin America as of December 2023, by market capitalization (in billion U.S. dollars) [Graph], CompaniesMarketCap.com, April 9, 2024. [Online]. Available: https://www.statista.com/statistics/1373591/latin-america-leading-banks-by-market-cap/
