The LatinFinance Banks of the Year Awards are decided by LatinFinance's editors, following an extensive research process. The key elements of each step of the process are outlined below.
Nominations
Financial institutions are encouraged to send details supporting their candidacy for the awards, although such material is not required to be considered for the awards.
In your pitch, outline qualitative information describing the ways your institution has grown, achieved success and stayed ahead of its competition as well as any other relevant quantitative data.
Investment banking submissions and multilateral development bank submissions are advised to demonstrate excellence through reference to specific transactions and in comparison to their peers.
Microfinance institutions are advised to place weight on describing how they innovated and achieved success in sustainably fostering broader financial inclusion in the region.
Every pitch must include a completed nomination form as well as any supporting documents. Nominations must be submitted by end of day on July 19, 2019.
LatinFinance editorial staff will be available for meetings and conference calls to discuss pitches and supporting documents between July 22 and July 26, 2019.
Market opinion
LatinFinance will consult a range of market participants to gain perspective on the shortlist, including portfolio managers, credit analysts and other market participants.
Market opinions are kept strictly confidential and will not be disclosed.
Examination of financial data
LatinFinance will review official financial data for each of the shortlisted or nominated banks and speak to analysts and other third parties about the institutions. As is relevant to each category, sources will include but not be limited to: banks' pitches, financial reports and accounts, company presentations, stock exchange filings and LatinFinance reporting. Data will include but not be limited to: capitalization levels, total asset numbers, return on assets, return on equity and transaction details.
Editorial evaluation
The LatinFinance editorial team will supplement its examination of financial data and information from pitch documents and meetings with information from bank analysts and clients. This will be sourced through a review of analyst reports and in-depth telephone interviews.
The LatinFinance editorial team retains discretion over the final allocation of awards in each category.
Announcement
Awards will be presented at a dinner in Miami on November 1, 2019, and printed in the Winter 2019 issue of LatinFinance.