Global Finance names the World's Best Trade Finance Banks 2011


NEW YORK, December 17, 2010 – Global Finance magazine ( has named the "Best Trade Finance Banks" by region and country in an exclusive survey to be published in the February 2011 issue. Global Finance editors — with input from industry analysts, corporate executives and technology experts — selected the best trade finance banks in 71 countries or regions. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.

The Best Trade Finance Bank globally will be announced in the October 2011 issue.

"The availability of trade finance at reasonable prices is crucial to the health of the global economy," says Joseph D. Giarraputo. "We have selected the banks that are best serving the needs of corporations worldwide as they engage in cross-border trade."

World's Best Trade Finance Banks 2011 - By Region
Americas Citi


BNP Paribas
Central and Eastern Europe UniCredit Group
Middle East Arab Bank
Nordic SEB
Asia Standard Chartered Bank
Africa Standard Chartered Bank

World's Best Trade Finance Banks 2011 - By Country
Angola BES Angola Malaysia Maybank
Argentina Citi Malta HSBC Bank Malta
Australia ANZ Mexico Banamex
Austria Bank Austria Netherlands ING
Bahrain Ahli United Bank Nigeria First Bank of Nigeria
Belgium KBC Norway DnB NOR
Brazil Itaú Unibanco Oman BankMuscat
Canada Scotiabank Pakistan Habib Bank
Chile Banco Santander Chile Philippines Banco de Oro Unibank (BDO)
China China Construction Bank Poland Bank Pekao
Colombia Bancolombia Portugal Banco Espirito Santo
Czech Republic CSOB Qatar Doha Bank
Denmark Nordea Russia VTB Bank


Commercial International Bank (CIB) Saudi Arabia SABB
Estonia Swedbank Singapore DBS


Nordea Slovakia Tatra banka
France BNP Paribas South Africa Standard Bank
Georgia Bank of Georgia South Korea Korea Exchange Bank
Germany Deutsche Bank Spain Banco Santander
Greece Eurobank EFG Sweden SEB
Hong Kong HSBC Switzerland Credit Suisse
Hungary K&H; Bank Taiwan Taipei Fubon Commercial Bank
India HDFC Bank Thailand Kasikornbank
Indonesia Bank Danamon Turkey Garanti
Israel Bank Leumi Ukraine Ukrsotsbank
Italy Intesa Sanpaolo UAE Emirates NBD
Japan Bank of Tokyo-Mitsubishi UFJ UK Royal Bank of Scotland (RBS)
Jordan Arab Bank



(Honorable Mention: JPMorgan Chase)

Kazakhstan HSBC Bank Kazakhstan
Kuwait National Bank of Kuwait Venezuela Banco Mercantil
Latvia Swedbank Vietnam Saigon Hanoi Commercial Joint Stock Bank
Lebanon BLOM Bank Yemen Arab Bank
Lithuania SEB