NEW YORK, March 11, 2015 – Global Finance magazine has announced its annual awards for the World’s Best Banks in Developed and Emerging Markets. The list of regional winners follows below. A full report on all the selections will appear in the May issue of Global Finance.
This is the twenty-second year that the magazine has selected top banks by country and region. The report covers best banks in North America, Western Europe, the Nordic Region, Central & Eastern Europe, Latin America, Asia- Pacific, the Middle East and Africa. Global Finance has also named the Best Regional Banks in the US. The editors of Global Finance made the selections after extensive consultations with corporate financial executives, bankers, and analysts throughout the world. In selecting these top banks, editors considered factors that range from the quantitative objective to the informed subjective. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. “The banks that Global Finance is honoring may not be the largest or oldest, but they are the best at targeting their products and offerings to the specific markets they serve,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “These banks have weathered the volatile conditions of the past few years and are primed to take advantage of global conditons - as they improve.”