Global Finance names the World's Best Trade Finance Banks 2011
NEW YORK, December 17, 2010 – Global Finance magazine (GFmag.com) 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."
| Americas | Citi |
|
Europe |
BNP Paribas |
| Central and Eastern Europe | UniCredit Group |
| Middle East | Arab Bank |
| Nordic | SEB |
| Asia | Standard Chartered Bank |
| Africa | Standard Chartered Bank |
| 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 |
|
Egypt |
Commercial International Bank (CIB) | Saudi Arabia | SABB |
| Estonia | Swedbank | Singapore | DBS |
|
Finland |
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 |
US |
Citi
(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 |