Global Finance names the World’s Best Foreign Exchange Providers 2013
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: afiano@gfmag.com
| 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) |