WORLD’S BEST DEVELOPED MARKET BANKS 2011



Global Finance names the World’s Best Developed Market Banks 2011

150_GF_Developed_Market_2011_PR

NEW YORK, March 25, 2011

Global Finance

magazine has announced its annual awards for the World’s Best Banks in Developed Markets. A full report on the selections will appear in the May issue of

Global Finance

. The winners of this years awards are those banks that attended carefully to their customers needs in difficult markets and accomplished better results while laying the foundations for future success.

All selections were made by the editors of

Global Finance

, after extensive consultations with bankers, corporate financial executives and analysts throughout the world. In selecting these top banks, we considered factors that range from the quantitative objective to the informed subjective. Banks were invited to submit entries supporting their selection. Amid nominally objective criteria were growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. The mix of these factors yields leading banks that may not be the largest, the oldest or the most diversified in a given country, but rather the best the banks with which corporations around the world would most likely want to do business.

Winners were selected in 25 countries. This year, winners were not selected in Iceland and Ireland.

We recognize these banks for their outstanding accomplishments, says

Global Finances

publisher, Joseph D. Giarraputo. Global financial markets are extremely difficult and conditions in each market may have differed but the winning banks were all noteworthy in their dedication to satisfying their customers needs.



North America


Bermuda

HSBC Bank Bermuda


Canada

Royal Bank of Canada


United States

JPMorgan Chase



Europe


Austria

Raiffeisen Bank International


Belgium

KBC


Cyprus

Bank of Cyprus


Denmark

Danske Bank


Finland

Nordea


France

BNP Paribas


Germany

Deutsche Bank


Greece

National Bank of Greece

Italy
UniCredit

Luxembourg
Banque et Caisse dEpargne de lEtat

Netherlands
Rabobank

Norway
DnB Nor

Portugal
Banco Santander Totta

Spain
Santander

Sweden
SEB

Switzerland
Credit Suisse

United Kingdom
HSBC



Asia/Pacific and Middle East


Australia

Commonwealth Bank of Australia


Hong Kong

HSBC


Israel

Mizrahi Tefahot Bank


Japan

Sumitomo Mitsui Financial Group


Singapore

United Overseas Bank

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