The Banker’s inaugural Best Emerging Markets for Banking ranking shows that the smaller countries in South America – Peru, Chile and Colombia – have much to offer to banks. Our research has found that these countries combine solid economics with good governance and healthy banking models.
Elsewhere, countries from the Asia and the Gulf area of the Middle East, while promising for banks, generally have challenging regulation landscapes. Most developing economies from Europe struggle in the ranking, primarily because they are still recovering from recession, while African countries tend to feature near the bottom.