TOP 100 BANKS IN LATIN AMERICA.

                      TOP 100 BANKS IN LATIN AMERICA

 99    98 INSTITUTION                                COUNTRY      ASSETS
RANK RANK
  1     2 Banco do Brasil                            Brazil    104,215.7
  2     1 Caixa Economica Federal (CEF)              Brazil     94,768.9
  3     4 Bradesco                                   Brazil     40,805.8
  4     5 Banco Itau                                 Brazil     32,170.4
  5     7 Bancomer                                   Mexico     25,427.6
  6     6 Banamex                                    Mexico     25,334.9
  7     8 Unibanco                                   Brazil     22,560.0
  8     3 Banespa                                    Brazil     20,710.7
  9    10 Banco de la Nacion Argentina               Argentina  17,091.0
 10     9 Banca Serfin                               Mexico     16,610.6
 11    11 Banco Real [1]                             Brazil     13,741.1
 12    16 Banco de la Provincia de Buenos Aires      Argentina  13,314.7
 13    14 Banco Santiago                             Chile      12,676.2
 14  ---- BANRISUL                                   Brazil     12,332.3
 15    12 Banco Safra                                Brazil     12,157.8
 16    18 Banco de Galicia y Buenos Aires            Argentina  11,877.4
 17    17 HSBC Bamerindus                            Brazil     11,437.8
 18    15 Nossa Caixa                                Brazil     11,215.0
 19    20 Banco Santander Chile [2]                  Chile      11,041.0
 20    19 Banco del Estado de Chile                  Chile      11,024.8
 21    24 Banco Rio de la Plate [2]                  Argentina  10,801.2
 22    23 Bital                                      Mexico     10,346.3
 23    13 Banco de Credito Nacional                  Brazil     10,063.0
 24    25 Banco de Chile                             Chile       9,115.3
 25    40 BBV Banco Frances [3][4]                   Argentina   8,951.6
 26    32 BankBoston                                 Argentina   8,910.8
 27    35 Citibank                                   Argentina   8,624.1
 28    28 BBV Mexico [4]                             Mexico      7,807.1
 29    83 Banco Santander Brasil [2]                 Brazil      7,525.1
 30    33 Banco de Credito e Inversiones             Chile       7,348.5
 31    27 Banco Santander Mexicano [2]               Mexico      6,960.0
 32    29 Banco Sudameris                            Brazil      6,947.8
 33    36 Banco BBA Creditanstalt                    Brazil      6,819.9
 34    51 ABN-Amro Bank                              Brazil      6,692.7
 35    21 Banco Bozano Simonsen                      Brazil      6,335.8
 36    34 Banco Mercantil del Norte (Banorte)        Mexico      6,190.2
 37    42 Banco Santander Noroeste [2][5]            Brazil      6,135.2
 38  ---- BEMGE                                      Brazil      5,836.1
 39    44 Banco BNB                                  Brazil      5,771.9
 40    30 Banco Sud Americano                        Chile       5,602.5
 41    37 Bladex                                     Panama      5,587.7
 42    38 Banco de Credito                           Peru        5,414.5
 43    39 Banco de A. Edwards                        Chile       5,303.8
 44  ---- Banco de la Republica Oriental del Uruguay Uruguay     5,235.7
 45    41 Citibank                                   Brazil      5,149.5
 46    55 Banco Hipotecario                          Argentina   5,057.7
 47  ---- Banco Bilbao Vizcaya Brasil [4][6]         Brazil      5,011.1
 48    47 Finasa                                     Brazil      4,967.4
 49    60 HSBC Banco Roberts                         Argentina   4,769.3
 50    43 BankBoston                                 Brazil      4,761.4


 99  % CHANGE DEPOSITS % CHANGE    LOANS % CHANGE
RANK    97/98             97/98             97/98
  1       8.8 49,431.1      1.2 43,883.6     -3.7
  2      -5.2 49,529.6     -7.9 65,288.4      0.5
  3       7.6 21,762.8     14.6 18,585.0     -0.3
  4      -0.8 18,922.1     14.8 10,508.6     -6.1
  5      -6.2 19,256.3      0.4 17,988.5    -16.9
  6     -18.6 18,736.9    -13.2 16,263.9    -13.9
  7       2.0  7,540.8      7.6 10,676.7      8.6
  8     -60.0  9,516.5    -29.9  4,379.8      3.9
  9      15.0 11,622.6     20.8  8,795.1      7.4
 10      -7.3 11,637.8     -9.9 12,542.4     -3.6
 11       1.5  5,299.2     -4.5  7,427.1     10.7
 12      13.8  9,261.2     13.2  8,117.6     15.3
 13       4.8  7,932.1     11.4  7,839.8      3.0
 14      15.2  3,333.9     21.5  1,728.9    -22.0
 15      -0.4  2,467.9    -14.9  2,637.6     -7.1
 16       3.4  6,649.4      9.2  6,553.8     19.3
 17      -2.0  5,704.4     -4.3  3,972.2      3.7
 18      -4.4  8,822.7     -8.0  1,622.3     18.4
 19      -1.0  6,303.3      5.3  5,469.0     -1.7
 20      -1.9  8,156.1     -1.0  6,305.8      9.2
 21      20.4  5,013.0     33.6  5,362.3     27.0
 22      12.8  5,724.1    -11.3  7,888.6     16.0
 23     -17.4  3,331.8     -2.6  4,361.8     -1.0
 24       3.2  6,262.6     11.9  5,259.9      1.2
 25      68.6  5,253.4     86.6  4,911.6     87.5
 26      38.0  4,642.4     52.4  5,126.7     43.4
 27      46.5  4,951.6     21.6  4,297.9     36.4
 28      -0.1  5,321.8    -15.6  6,119.5     17.5
 29     250.8  3,202.9    291.8  1,747.4    127.1
 30      14.3  4,361.7      8.1  3,759.0      9.8
 31     -13.2  4,991.8    -11.5  5,426.7     -5.9
 32      -4.9  1,830.4    -19.6  3,492.4      6.8
 33      18.1  1,962.4     12.7  2,559.8     -2.2
 34      69.6  1,654.9     83.1  1,883.4    -19.8
 35     -43.0    876.7    -26.5  1,616.0      3.0
 36      -2.1  4,368.4     10.0  4,658.7    -10.9
 37      23.5  3,707.6     82.1  2,305.6    -22.3
 38     -50.8  1,222.6    -24.7    594.1    -52.1
 39      21.5  1,011.0     -3.5  4,285.8     22.9
 40     -18.3  2,164.9    -12.4  2,123.3    -14.3
 41      -2.8    336.0      9.0  5,119.9     -0.1
 42      -3.3  3,740.7     -2.6  3,019.6      2.5
 43      -0.8  3,693.3      9.6  3,699.4      5.8
 44       9.6  4,161.7     12.7  3,829.3     14.5
 45       2.2  2,243.0      2.6  2,956.9     16.5
 46      34.4    230.7    118.4  3,883.8     23.5
 47     -50.9  2,622.1     -3.7  1,094.0    -59.4
 48       7.2  3,180.2      3.4  1,569.5    -23.6
 49      42.2  2,613.6     23.4  2,524.5     20.7
 50      -3.1  1,551.4      4.1  1,262.9    -22.7
 51 ---- Bancolombia [7]                    Colombia  4,400.6 -15.8 2,393.6
 52   46 Banco Boavista                     Brazil    4,346.6  -5.8 2,246.8
 53   54 Banco Bandeirantes                 Brazil    4,204.8   9.9 2,231.9
 54   49 Banco Provincial [4]               Venezuela 4,027.3  -1.7 3,183.7
 55   66 Banco Votorantim                   Brazil    3,922.0  32.7 1,057.5
 56   58 Banco BHIF [4]                     Chile     3,596.3   5.9 2,232.6
 57 ---- Banco Hipotecario del Uruguay      Uruguay   3,574.7   1.9 2,000.6
 58   76 Inbursa                            Mexico    3,563.3  46.4 2,213.2
 59   57 BBV Ganadero [4]                   Colombia  3,460.2  -3.0 2,002.0
 60   52 Banco Wiese                        Peru      3,396.4 -12.9 2,156.2
 61   75 Banco Cafetero                     Colombia  3,381.9  36.0 2,184.6
 62   69 Banca Nazionale del Lavoro         Argentina 3,356.8  19.9 2,306.6
 63   61 Banco Nacional de Panama           Panama    3,347.5   2.9 1,785.1
 64   26 CCF do Brasil                      Brazil    3,312.7 -60.2 1,149.9
 65   56 Banco Bansud                       Argentina 3,246.9 -12.5 1,214.1
 66   53 BFB                                Brazil    3,238.2 -15.7   324.6
 67   62 BANERJ                             Brazil    3,191.6  -0.7 2,546.7
 68   63 Banco Continental [4]              Peru      3,103.6   0.7 2,236.4
 69   77 Banco de la Ciudad de Buenos Aires Argentina 3,075.1  27.1 2,179.6
 70   64 Corpbanca                          Chile     3,043.7   0.9 1,871.1
 71   59 Bicbanco                           Brazil    3,013.8 -11.1   819.3
 72   70 Banpais                            Mexico    2,861.8   3.6 2,729.6
 73 ---- Chase Manhattan                    Argentina 2,814.5 131.0   249.0
 74   90 Citibank                           Mexico    2,786.5  44.0 1,700.2
 75   31 Banco Meridional                   Brazil    2,726.6 -59.2 1,364.5
 76 ---- Banco America do Sul               Brazil    2,683.9 -30.4 1,340.5
 77   74 Banco Mercantil                    Venezuela 2,681.6   1.3 2,084.8
 78   68 Banco de Bogota                    Colombia  2,654.2  -5.6 1,317.2
 79   80 BankBoston                         Brazil    2,572.3   8.2    58.8
 80   65 Banco Bice                         Chile     2,569.2 -14.3 1,410.6
 81   73 Banca del Desarrollo               Chile     2,521.9  -7.6 1,843.6
 82   79 Banco Davivienda                   Colombia  2,494.3   4.8 2,096.9
 83   93 Banco Quilmes                      Argentina 2,366.9  25.2 1,560.2
 84   87 Banco de Venezuela [2]             Venezuela 2,336.3  18.7 1,792.3
 85 ---- Bank of America                    Argentina 2,314.1   N/A    13.3
 86   82 Chase Manhattan                    Brazil    2,310.7  -0.7   549.5
 87   94 Banco de la Provincia de Cordoba   Argentina 2,210.1  17.9 1,724.7
 88   48 Lloyds Bank                        Brazil    2,208.0 -47.6   730.6
 89   78 FIAT                               Brazil    2,167.8  -9.7 1,648.5
 90   71 Banco de la Nacion                 Peru      2,166.6 -21.2 1,135.1
 91   85 Barclays e Galicia                 Brazil    2,102.7  -0.7   100.2
 92   89 Banco Credicorp                    Argentina 2,011.5   3.6 1,386.3
 93   92 Banco Pactual                      Brazil    1,991.2   4.1   458.9
 94 ---- BBM                                Brazil    1,959.8 -16.3   288.2
 95 ---- Colpatria                          Colombia  1,909.0 -12.4 1,352.3
 96 ---- Banco Rural                        Brazil    1,900.0  37.8   936.7
 97 ---- Banco del Suquia                   Argentina 1,899.3  17.6 1,098.3
 98   88 Banco Security                     Chile     1,825.7  -6.5   975.4
 99   99 Banco Santander [2]                Colombia  1,823.8   3.1 1,094.6
100 ---- BMB                                Brazil    1,808.9  10.8   965.6


 51  -4.4 2,421.8 -12.9
 52 -10.4 1,880.2  -3.6
 53   4.0 1,835.8  -1.7
 54  -7.1 1,865.3 -10.1
 55  16.3   386.9 -13.1
 56   5.9 2,341.0   0.8
 57   4.6 2,538.1   5.8
 58 132.2 1,882.1  22.1
 59   8.3 2,047.4  -7.1
 60 -13.7 2,160.4  -9.7
 61  61.3 2,346.7  47.7
 62  24.8 2,240.5  19.6
 63  -0.4 1,262.9   2.3
 64 -35.1 1,161.2 -28.8
 65 -16.3 1,948.8 -22.8
 66 -64.7 2,243.6   8.2
 67   5.2   295.1   8.5
 68   0.9 1,773.3   2.8
 69  27.1 1,296.9  21.4
 70   9.2 1,656.7   3.6
 71 -28.1   920.5 -27.6
 72  52.9 1,981.0 -20.6
 73 -23.4    69.8 -38.2
 74  26.7 2,092.5  56.8
 75  -6.6   835.0 -19.5
 76 -38.2 1,369.7 -39.5
 77  -2.7 1,528.3 -15.6
 78  -7.8 1,598.8   0.7
 79  45.5 1,099.8 -36.7
 80  14.0   970.0   0.4
 81   2.6 1,891.3   3.9
 82   4.4 1,975.7  11.4
 83  21.0 1,420.0  33.1
 84  18.9   989.8  16.0
 85 -17.2   342.9  12.9
 86 -55.4   822.0  87.4
 87  26.8   739.8  -6.3
 88 -13.1   731.3 -21.4
 89 -13.2   845.5 -39.3
 90  14.3 1,176.0  29.8
 91 -19.5   567.6  -2.0
 92   7.0 1,168.2   7.1
 93 -16.9   286.1 -22.1
 94 -37.6   189.8 -25.6
 95 -21.7 1,500.4 -13.1
 96  14.3   868.2  -0.5
 97  -0.2 1,074.7  12.9
 98  14.9   981.5   5.7
 99   1.7   331.8 -70.0
100  12.0   743.5  -8.7


NOTES: (1.)Controlled by ABN Amro Bank. (2.)Controlled by BSCH. (3.)Merger
between Banco de Credito Argentino and Banco Frances del Rio de la Plata.
(4.)Controlled by BBV. (5.)Former Banco Noroeste.
(6.)Former Banco Excel Economico. (7.)Merger between Banco Industrial
Colombiano and Banco de Colombia.
Sources: Austin Asis, Salomon Smith Barney, Banking authorities of
Argentina, Colombia. Chile, Panama, Mexico, Uruguay, LATIN TRADE.