Banco do Brasil tops Latin America’s top 200 rankings and pushes last year’s leading bank, Itaú Unibanco, into second place. The former expanded Tier 1 capital by 12.3%, while the latter saw a reduction of 7.88%.
Brazilian banks have very much staked their claim in the top five banks by Tier 1 capital, with Bradesco, Banco Santander Brasil and Caixa Economic Federal comfortably in third, fourth and fifth places, respectively, unmoved from a year ago.
