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Banco BTG Pactual tops the Brazilian best-performing ranking

Large Brazilian corporates’ defaults soared in 2023 amid high interest rates
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Banco BTG Pactual takes the accolade for the best-performing bank among Brazil’s largest lenders, supported by the highest increase of pre-tax profits among peers. 

The bank is first-in-class across several metrics, including profitability, asset quality, return on risk, soundness and leverage. BTG Pactual, a key player across the whole Latin America region, reported significant growth in key business lines despite a challenging year in capital markets.

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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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