GFmag Online Readers Survey 2012
WORLD'S BEST FOREIGN EXCHANGE PROVIDERS 2011
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chris@gfmag.com or +1 212 524 3214.

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kfrey@gfmag.com or +1 212 524 3212.

For editorial information please contact Andrea Fiano, editor, at
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NEW YORK, November 22, 2010 – Global Finance magazine has named the "Best Foreign Exchange Banks and Providers" by country, region and category in an exclusive survey to be published in the January 2011 issue. Deutsche Bank was named as the global winner. Global Finance editors – with input from industry analysts, corporate executives and technology experts – also selected the best currency trading providers in 86 countries or regions. The best online foreign exchange systems were also identified. Criteria for choosing the traditional and online winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.

 

"Sovereign debt problems in Europe, China's monetary tightening and the Federal Reserve's quantitative easing are causing volatility in the foreign exchange markets. Corporations around the world need to select a strong, knowledgeable FX bank to help them cope with the turbulence in the markets," says Joseph D. Giarraputo, publisher and president of Global Finance.

 

GLOBAL WINNERS
Global          
Deutsche Bank 

 

REGIONAL WINNERS
North AmericaCiti
Latin AmericaCiti
Western EuropeDeutsche Bank
Central and Eastern EuropeSociete Generale
Nordic CountriesSEB
Middle EastAhli United Bank
AfricaStandard Chartered Bank
Asia PacificStandard Chartered Bank
Southeast AsiaStandard Chartered Bank                  

 

COUNTRY WINNERS
AngolaBES Angola
ArgentinaCiti
ArmeniaHSBC Bank Armenia
AustraliaCommonwealth Bank of Australia
AustriaBank Austria
BahrainAhli United Bank
BelarusBelarusbank
BelgiumBNP Parisbas Fortis
BrazilItau Unibanco
CanadaScotia Capital
ChileBanco Santander Chile
ChinaBank of China
ColombiaBancolombia
Costa RicaScotiabank Costa Rica
CyprusBank of Cyprus
Czech Republic                  
CSOB
Denmark
SEB
Equador
Citi
Egypt
Arab African International Bank
El Salvador
Citi
Estonia
Swedbank
Finland
Nordea
France
BNP Paribas
Gambia
Standard Chartered Bank Gambia
Georgia
Bank of Georgia
Germany
Deutsche Bank
Greece
Eurobank EFG
Guatemala
Banco Industrial
Hong Kong
HSBC
Hungary
OTP Bank
India
Standard Chartered Bank
Indonesia
Standard Chartered Bank
Israel
Bank Hapoalim
Italy
UniCredit
Jamaica
Scotiabank Jamaica
Japan
Mitsubishi UFJ International
Jordan
Arab Bank
Kazakhstan
Halyk Bank
Kuwait
National Bank of Kuwait
Latvia
SEB
Lebanon
BLOM Bank
Lithuania
SEB
Malaysia
Public Bank
Mexico
Banamex
Moldova
Moldova Agroindbank
The Netherlands
ING

New Zealand

Westpac Banking
Nigeria
First Bank of Nigeria
Norway
DnB NOR
Oman
BankMuscat
Pakistan
Standard Chartered Bank
Peru
Scotiabank Peru
Philippines
Banco de Oro
Poland
Bank Pekao
Portugal
Banco Santander Totta
Qatar
Qatar National Bank
Russia
VTB
Saudi Arabia
Samba Financial Group
Singapore
DBS
Slovak Republic
CSOB
Slovenia
Nova Ljubljanska Banka
South Africa
Standard Bank
South Korea
KEB
Spain
Santander
Sweden
SEB
Switzerland
Credit Suisse
Syria
Bank of Syria and Overseas
Taiwan
Chinatrust Commercial Bank
Thailand
Siam Commercial Bank
Turkey
Akbank
UAE
Emirates NBD
Ukraine
UkrSibbank
United Kingdom
Barclays Capital

United States

 

Citi

Honorable Mention: BNY Mellon

Uruguay
Banco Santander Uruguay
Venezuela
Banco Mercantil
Vietnam
Sacombank

 

FOREIGN EXCHANGE RESEARCH & ANALYSIS
Best FX ResearchBNY Mellon                                                
Best Fundamental AnalysisBrown Brothers Harriman                  
Best Technical AnalysisBNY Mellon

Best Forecast

BNY Mellon
Best Strategy/HedgingDeutsche Bank

 

BEST ONLINE FX TRADING SYSTEMS
Best Bank          
State Street's Currenex                
Best Independent         
FXall
Best RetailForex Capital Markets (FXCM)