📉Nubank Leads Losses: Worst Money Loser in Latin America📉 Latin America Banks: Nubank Leads Losses
Brazil’s ItauUnibanco most profitable bank in Latin America.BY LATINVEX STAFF Although Brazilian digital bank Nubank is slowly but surely gaining traction, it continues to lose money. While the bank ranks 22
nd in assets in Latin America, it
ranks as the worst money loser on the latest ranking of Latin America’s top banks from Economatica and
Latinvex. Brazil’s ItauUnibanco remains the most profitable bank in Latin America, followed by Bradesco and Banco do Brasil.
In assets, ItauUnibanco also leads, followed by Banco do Brasil and Bradesco.
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