Brazilian banks continued to dominate the Latin American financial landscape, with the top five largest banks by assets in 2024 all hailing from Brazil. Itaú Unibanco lead the pack with assets exceeding *** billion U.S. dollars, followed by Banco do Brasil and Banco Bradesco. This concentration of financial power in Brazil underscores the country's economic influence in the region, despite challenges faced by other Latin American economies.
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S&P Global. (April 15, 2025). Largest banks in Latin America as of December 2024, by total assets (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/857340/leading-banks-latin-america-total-assets/
S&P Global. "Largest banks in Latin America as of December 2024, by total assets (in billion U.S. dollars)." Chart. April 15, 2025. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/857340/leading-banks-latin-america-total-assets/
S&P Global. (2025). Largest banks in Latin America as of December 2024, by total assets (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/857340/leading-banks-latin-america-total-assets/
S&P Global. "Largest Banks in Latin America as of December 2024, By total Assets (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Apr 2025, https://www.statista.com/statistics/857340/leading-banks-latin-america-total-assets/
S&P Global, Largest banks in Latin America as of December 2024, by total assets (in billion U.S. dollars) Statista, https://www.statista.com/statistics/857340/leading-banks-latin-america-total-assets/ (last visited June 06, 2025)
Largest banks in Latin America as of December 2024, by total assets (in billion U.S. dollars) [Graph], S&P Global, April 15, 2025. [Online]. Available: https://www.statista.com/statistics/857340/leading-banks-latin-america-total-assets/