With loan-to-GDP penetration still very low compared to the
rest of Latin America, Argentinas banking system has a
lot of room to grow, and this is exactly what has been
happening. Santander Río has been at the forefront of
such growth, and remains the most profitable bank in the
countrys banking system.
Riding the Growth Wave
Argentina - Best Bank – Santander Río
Argentina is still catching up in terms of loan
growth, but in June annual growth was around 45% in nominal
terms and that is high, says Valeria Azconegui, an
analyst at Moodys financial institutions group.
Consumers have seen wages start to catch up with rapidly
rising prices and have been investing...
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