BEST FOREIGN EXCHANGE BANKS - 2009
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NEW YORK, November 18, 2008 – 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 2009 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 82 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 global foreign exchange market has continued to thrive throughout the financial crisis. Average daily turnover has surpassed $3 trillion in the world’s biggest market.We have identified the banks that large global companies can rely on for their FX needs,” says Joseph D. Giarraputo, publisher and president of Global Finance.

 

 

 

GLOBAL WINNER

Deutsche Bank

 

 

REGIONAL WINNERS
North America Citi
Latin America Citi
Western Europe Deutsche Bank
Central and Eastern Europe UniCredit
Scandinavia Handelsbanken Capital
Markets
Middle East Ahli United Bank
Africa Standard Chartered Bank
Asia-Pacific HSBC
Southeast Asia DBS

 

 

COUNTRY WINNERS
Angola
BES Angola
Argentina
Citi
Armenia
Converse Bank
Australia
Commonwealth Bank of Australia
Austria
Bank Austria
Bahrain
Ahli United Bank
Belarus
Priorbank
Belgium
KBC Bank
Brazil
Itau
Canada
Scotia Capital
Chile
Banco Santander Chile
China
Bank of China
Colombia
Bancolombia
Costa Rica
Scotiabank Costa Rica
Cyprus
Bank of Cyprus
Czech Republic
CSOB
Denmark
Danske Bank
Ecuador
Citi
Egypt
Commercial International Bank
El Salvador
Citi
Estonia
Hansabank
France
BNP Paribas
Gambia
Standard Chartered Gambia
Georgia
Bank of Georgia
Germany
Deutsche Bank
Greece
Eurobank EFG
Guatemala
Banco Industrial
Hong Kong
HSBC
Hungary
OTP Bank
India
HDFC Bank
Israel
Bank Hapoalim
Italy
UniCredit
Jamaica
Scotiabank Jamaica
Japan
Mitsubishi UFJ Financial
Jordan
Arab Bank
Kazakhstan BTA Bank
Kuwait National Bank of Kuwait
Latvia
SEB Banka
Lebanon
BLOM Bank
Lithuania
SEB Bank
Malaysia
Maybank
Mexico
Banamex
Moldova
Moldova Agroindbank
The Netherlands
Rabobank
New Zealand
Westpac Banking
Nigeria
First Bank of Nigeria
Norway
DnB NOR
Oman
BankMuscat
Pakistan
Habib Bank
Peru
Scotiabank Peru
Poland
Bank Pekao
Portugal
Millennium bcp
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
Korea Exchange Bank
Spain Santander
Sweden Handelsbanken Capital Markets
Switzerland Credit Suisse
Taiwan Chinatrust Commercial Bank
Thaliand Siam Commercial Bank
Turkey
Akbank
UAE
Emirates NBD
Ukraine
PrivatBank
United Kingdom
RBS
United States
Citi
Honorable Mention United Stated
The Bank of New York Mellon
Uruguay
Citi
Venezuela
Banco Mercantil
Vietnam
Sacombank

 

 

Best Foreign Exchange Research

The Bank of New York Mellon

 

 

Best Fundamental Analysis
  Brown Brothers Harriman

 

 

Best Technical Analysis

The Bank of New York Mellon

 

 

Best Forecasts

The Bank of New York Mellon

 

 

Best Strategy/Hedging

Deutsche Bank

 

 

Best Online FX Trading Systems
Best Bank State Street’s FX Connect

Currenex
Best Independant
FXall
Best Retail
Interbank fx