Trinidad and Tobago had the most concentrated banking sector in Latin America in 2021. There, 92.6 percent of all bank assets were held by the largest three banks in the country. The bank concentration was similarly high in Belize and Haiti. In Mexico, Panama, Bolivia, and Paraguay, on the other hand, the share of bank assets held by the largest three banks in each country was below 50 percent.
Share of bank assets held by largest three banks in Latin America in 2021, by country
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theglobaleconomy.com. (March 21, 2023). Share of bank assets held by largest three banks in Latin America in 2021, by country [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1373826/latin-america-bank-concentration-by-country/
theglobaleconomy.com. "Share of bank assets held by largest three banks in Latin America in 2021, by country." Chart. March 21, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1373826/latin-america-bank-concentration-by-country/
theglobaleconomy.com. (2023). Share of bank assets held by largest three banks in Latin America in 2021, by country. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1373826/latin-america-bank-concentration-by-country/
theglobaleconomy.com. "Share of Bank Assets Held by Largest Three Banks in Latin America in 2021, by Country." Statista, Statista Inc., 21 Mar 2023, https://www.statista.com/statistics/1373826/latin-america-bank-concentration-by-country/
theglobaleconomy.com, Share of bank assets held by largest three banks in Latin America in 2021, by country Statista, https://www.statista.com/statistics/1373826/latin-america-bank-concentration-by-country/ (last visited December 30, 2024)
Share of bank assets held by largest three banks in Latin America in 2021, by country [Graph], theglobaleconomy.com, March 21, 2023. [Online]. Available: https://www.statista.com/statistics/1373826/latin-america-bank-concentration-by-country/