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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 November 21, 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 November 21, 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: November 21, 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 November 21, 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/
