NEW YORK, August 25, 2015 — Global Finance is proud to present the winners of the 8th annual Stars of China Awards, honoring the best domestic and foreign banks and RMB service providers operating in China. The Stars of China Awards are the preeminent evaluation of financial institutions doing business in China by international media.
A full list of the winners appears on the following pages and will be published in the November issue. The Stars of China special report will include Global Finance’s exclusive ranking of the Safest Banks in China. It will also include an in-depth look at the success stories behind the winners and their various approaches to business excellence in the unique environment of the People’s Republic. All winners will be recognized at an awards ceremony at the Westin Hotel in Beijing on November 17.
China is going through an historic transition, rebalancing drivers in its economy away from investment and toward consumption. Its market, the most dynamic in the world, has entered a new phase. As a consequence, resilient, nimble and innovative banks and businesses have emerged in the People’s Republic, establishing new avenues to growth and stepping onto the world stage.
Global Finance’s Stars of China Awards 2015 honor the leaders in their respective fields, and the report will explain how they are building China’s future.
“China has long been a key growth driver for global markets. With fears rising over signs of a slowdown in the country and with China’s policymakers enacting a surprise devaluation of the currency in mid-August, global markets and companies are keeping a close eye on how this will play out,” said Joseph D. Giarraputo, Publisher and Editorial Director of Global Finance.
“It is never more critical than during times of volatility that companies ensure they are partnering with secure and sound financial institutions. The firms that make our list of the Stars Of China are the best at what they do – and know how to help clients weather stormy seas.”
|Chinese winners have already been announced in the following categories by Global Finance in issues published this year.|
|Best Bank Overall||China Construction Bank|
|Best Foreign Exchange Provider||ICBC|
|Best Investment Bank||CICC|
|Best Trade Finance Provider||Bank of China|
|Best Treasury & Cash Management Bank||ICBC|
|Foreign winners are being annouced here for the first time:|
|Best Foreign Exchange Provider||ANZ|
|Best Investment Bank||Deutsche Bank|
|Best Subcustodian||Standard Chartered|
|Best Trade Finance Provider||OCBC|
|Best Treasury & Cash Management Bank||DBS|
|Chinese entities ONLY are being honored in the following categories.|
|Best City Commercial||Harbin Bank|
|Best Corporate Governance||
China Cinda Asset Management CO.,LTD
|Best Consumer Credit Card Program||Bank of China|
|Best Commercial/Corporate Credit Card Program||China CITIC Bank International|
|Most Innovative Bank||Guangdong Huaxing Bank|
|Best Bank for Commercial Paper/MTNs||ICBC|
|Chinese and Foreign winners are being
announced in the following categories:
|Best Consumer Bank||ICBC||DBS|
|Best Corporate Bank||ICBC||ANZ|
|Best Equity Underwriting||CICC||UBS|
|Best Infrastructure Lending||AIIB||BNP Paribas|
|Best for Mergers & Acquisitions||CICC||DBS|
|Best Debt Bank||Bank of China||Goldman Sachs|
|Best Private Bank||ICBC Private Banking||Citi|
|Best for Rural Finance||Jilin Jiutai Rural Commercial Bank Co||HSBC|
|Best for Small Business Lending||Agricultural Bank of China||Standard Chartered|
|Best Supply Chain Finance Provider||Bank of China||Standard Chartered|
|Winners in the RMB Services categories can be either foreign or domestic entities.|
|Best Global RMB Bank||Bank of China|
|Offshore RMB Investment Products|
|Best RMB Equities China||CITIC Securities|
|Best RMB ETFs||China Construction Bank|
|Best Short-Term Investments||Credit Agricole CIB|
|Best RMB Fixed Income||Bank of China|
|Best RMB Commodities||China Construction Bank|
|Best at Cross-Border Trade Settlement||Maybank|
|Risk Mitigation Services:|
|Best Full-Service Hedging||Deutsche Bank|
|Best Onshore FX Hedging||Deutsche Bank|
|Best Offshore FX Hedging||DBS|
|Best Onshore Interest Rate Hedging||Bank of China (Hong Kong)|
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.
Its website — GFMag.com — offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
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