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Global Finance names the World’s Best Foreign Exchange Providers 2013

150x193 FX13 PR

NEW YORK, November 27, 2012 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 2013 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 97 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.

“The foreign exchange market, the world’s largest, trades $4 trillion on an average day. Banks are investing heavily in new technology as they strive to maintain market share. Corporations need a good FX bank to guide them through the growing risks and rewards in evolving global markets,” says Joseph D. Giarraputo, publisher and president of Global Finance.


For editorial information please contact: Andrea Fiano, Editor, email:


Global Deutsche Bank

North America Citi
Western Europe Deutsche Bank
Asia-Pacific HSBC
Southeast Asia DBS
Nordic Countries SEB
Central and Eastern Europe Société Générale
Latin America Citi
Middle East National Bank of Kuwait
Africa Standard Bank

Algeria Citi
Angola BES Angola
Argentina Citi
Armenia Ameriabank
Australia Commonwealth Bank of Australia
Austria Bank Austria
Bahrain Ahli United Bank
Belarus Belarusbank
Belgium KBC
Botswana Stanbic Botswana
Bulgaria Citi
Brazil Itaú Unibanco
Canada Scotiabank
Chile Banco Santander Chile
China Bank of China
Colombia Bancolombia
Costa Rica Citi
Cyprus Bank of Cyprus
Czech Republic CSOB
Denmark Danske Bank
Ecuador Citi
Egypt CIB
El Salvador Citi
Estonia Swedbank
Finland Nordea
France BNP Paribas
Gambia Standard Chartered
Georgia TBC Bank
Germany Deutsche Bank
Greece Alpha Bank
Guatemala Citi
Honduras Citi
Hong Kong HSBC
Hungary OTP Bank
India HSBC
Indonesia DBS Indonesia
Ireland Citi 
Israel  Bank Leumi
Italy  UniCredit 
Jamaica  Scotiabank Jamaica 
Japan  Mitsubishi UFJ Financial 
Jordan  Arab Bank 
Kazakhstan  Halyk Bank 
Kenya  Standard Chartered 
Kuwait  National Bank of Kuwait 
Latvia  SEB 
Lebanon  BLOM Bank 
Lithuania  SEB 
Macedonia  Komercijalna Banka ad Skopje 
Malaysia Maybank 
Mexico  Banamex 
Moldova  Moldova Agroindbank 
Netherlands  ING 
New Zealand  ANZ 
Nigeria  Stanbic IBTC Bank 
Norway  SEB 
Oman  BankMuscat 
Pakistan  Standard Chartered 
Paraguay  Banco Itaú Paraguay 
Peru  Scotiabank Péru 
Philippines  HSBC 
Poland  Bank Pekao 
Portugal  Banco Santander Totta 
Qatar  Qatar National Bank 
Romania  Banca Comerciala Romana (BCR) 
Russia VTB Capital 
Saudi Arabia  Samba Financial Group 
Sierra Leone  Standard Chartered 
Singapore  DBS 
Slovakia  CSOB 
Slovenia  UniCredit 
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
Ukraine PrivatBank
United Arab Emirates Emirates NBD
United Kingdom HSBC
United States Citi
Honorable Mention BNY Mellon
Uruguay Citi
Venezuela Banco Mercantil
Vietnam Vietcombank
Zambia Stanbic Zambia

Best FX Reserach BNY Mellon
Best Fundamental Analysis Brown Brothers Harriman
Best Technical Analysis BNY Mellon
Best Forecasts BNY Mellon
Best Strategy/Hedging Deutsche Bank

Best Bank Deutsche Bank’s Autobahn
Best Independent FXall
Best Retail Forex Capital Markets (FXCM)