Brazil is still the leading country in Latin America when it comes to the might of the region's banking sectors, but further down the table the overall picture is obscured by the crisis in Venezuela. Silvia Pavoni reports.
The Banker’s Best Emerging Markets for Banking ranking, which analyses the largest 100 developing countries for ease of banking, sees South American nations leading the way, while those in Africa and Europe lag behind.
While most large Russian banks have managed to hold onto their position relative to each other, they have all suffered significant falls in Tier 1 capital and profits as they find themselves challenged by currency depreciation and difficult market conditions. Written by Matthew Karwacki, research by Valeria Yakutovich.