Global Finance names the World's Best Emerging Market Banks 2011 in Asia

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NEW YORK, March 24, 2011 — Global Finance magazine has named the “Best Emerging Market Banks in Asia” in an exclusive survey to be published in the May 2011 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging market bank in the region and in 20 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

This is the eighteenth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Asia, the Middle East and Africa, Latin America, and Central and Eastern Europe. “We remain in an unusually challenging environment for banks and their customers,” says Joseph Giarraputo, publisher of Global Finance . “More than ever, customers are demanding superior competence from their banking partners. These are the banks best providing that competence.”

Regional Winner: HSBC

Armenia

HSBC Bank Armenia

Azerbaijan

AccessBank

Bangladesh

AB Bank

China

ICBC

Georgia

Bank of Georgia

India

HDFC Bank

Indonesia

PT Bank Central Asia

Kazakhstan

Halyk Bank
Kyrgyz Republic Demir Kyrgyz
Macau ICBC Macau
Malaysia Maybank
Mongolia Khan Bank
Pakistan National Bank of Pakistan
Philippines Bank of the Philippine Islands
South Korea Shinhan Bank
Sri Lanka Commerical Bank of Ceylon
Taiwan Chinatrust Commercial Bank
Thailand Siam Commerical Bank
Uzbekistan Credit-Standard Bank
Vietnam Asia Commercial Bank