Hyperinflation, rampant poverty and a dramatically shrinking economy are plaguing Venezuela, once one of the most prosperous nations in Latin America. While official figures are scarce and often unreliable, the data that is out there paints a bleak picture for the future of the oil-rich nation’s banks, Kat Van Hoof finds.
Top 1000 World Banks 2023
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Visit the Top 1000 World Banks 2023 hub page. Read our analysis and examine the data. We analyse results by region, country and benchmark bank to bank, as well as run our best-performing bank methodology to help you identify banks’ strengths and weaknesses compared to their peers. |
Latest Section Articles
The Top 50 Russian Banks 2019: bailouts shake the sector amid slowing growth
February 1, 2019The Banker’s Top 50 Russian banks ranking shows the fallout of several big banking bailouts over the course of 2017. There are some signs of recovery, however.
Looming Brexit savages London’s status
February 1, 2019London’s financial services industry has been badly hit by continued uncertainty over just how the UK will leave the EU. Silvia Pavoni reports.
Political stability could boost resurgent profits for DRC banks
January 31, 2019Signs of increasing political stability would be good news for the economy in the Democratic Republic of Congo and its banking sector, which has huge scope for growth. Kat Van Hoof reports.
German banks struggle to regain returns equilibrium
January 24, 2019Germany’s two biggest banks have struggled to regain their balance over the past few years. Talk of a tie-up between Deutsche Bank and Commerzbank is heating up again, though both lenders have a raft of issues to work through first. Kat Van Hoof reports.
Top 500 Banking Brands 2019
January 22, 2019Chinese banks, spearheaded by ICBC, continue to expand their brand power, steadily pushing the US and European banks out of the top spots.
Italian job unfinished, but progress is being made
January 17, 2019Italy’s banks have done well to reduce exposure to NPLs in recent years, but there remains much work to be done. Katrien Van Hoof reports.
Top Canadian banks report strong results
January 2, 2019The Canadian banking sector experienced another good year, as worries over a housing market bubble subside. Joy Macknight reports.
Top 300 Asia-Pacific Banks 2019: China holds strong while Indian reforms hits hard
January 2, 2019China's banks affirm their strength in the The Banker’s Top 300 Asia-Pacific Banks ranking, while India is making moves in the wrong direction. Kimberley Long reports.
New York tops US IFCs across all rankings
January 2, 2019New York beats all other US IFCs into first place, with the UK being both biggest recipient of projects and contributor of inward flows. Silvia Pavoni reports.