On the back of recent oil-driven GDP growth, growth in the total assets, client loans and client deposits in Venezuela were ranked first

Venezuela's overall CBBER is 49.2. The equivalent figures for the US and eurozone are 84.8 and 81.4, respectively. Venezuela's CBBER is lower than all except two of the eight countries surveyed by BMI in Latin America. Indeed Venezuela's CBBER is poor in comparison to the 59 countries for which BMI has calculated a CBBER, with 38 countries scoring higher. Within the CBBER, the most important aspect is the (banking) market element of the limits of potential returns. This element accounts for 42% of the overall CBBER. Venezuela's rating for this element (51.3) is higher than the overall CBBER, and notably higher than the country element of the limits of potential returns (31.9). This indicates a banking sector that is on the whole overdeveloped relative to the general wealth, stability and financial infrastructure in the country. On the back of recent oil-driven GDP growth, growth in the total assets, client loans and client deposits in Venezuela were ranked first, second and first, respectively for the 59 countries surveyed. This growth has in turn contributed to the quick recent growth of the banking sector, especially when seen in light of the poor score for the country elements of the limits to potential returns.