NEW YORK, January 20, 2016 – Global Finance magazine has named the 16th annual World’s Best Trade Finance Providers in 9 regions, 84 countries and globally, in an exclusive survey to be published in the February 2016 issue. The honorees were revealed at an awards luncheon at the BAFT Global Annual Meeting in Paris today.

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The editorial review board of Global Finance selected the best trade finance providers based on input from industry analysts, corporate executives and technology experts. In addition, a poll of Global Finance’s readership was conducted in order to increase the accuracy and reliability of the results. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.

“As global markets digest slowly improving economic conditions in the US, counterbalanced by the economic slowdown in China and the evolving role of the Chinese consumer, trade dynamics are changing,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance.

“In addition, both trade finance providers and the corporates who use their services are trying to understand how big developments on the regulatory and policy front-including the addition of the Chinese yuan to the IMF’s basket of SDR currencies-will affect their business. Corporates need trade finance partners who can help them adjust nimbly to those changes. With these awards, we aim to identify those partners.”

Best Bank for Trade Finance Citi
Best Trade Finance Program EBRD’s Trade Facilitation Program
Best Multilateral Institution for Trade Finance Asian Development Bank
Best Bank for Commodity Finance ABN Amro
Best Trade Document Management HSBC
Best Trade Credit Insurance Provider Euler Hermes
Best Bank for Export Finance Commerzbank
Best Bank for Structured Trade Finance Citi
Best Bank for Trade Finance in Emerging Markets BNP Paribas
Best Bank for Trade Finance in Frontier Markets Standard Chartered
Best Pre-Shipment Financing Solution Standard Chartered
North America Wells Fargo
Latin America Santander
Caribbean Scotiabank
Western Europe BNP Paribas
Nordic Region Nordea
Central & Eastern Europe UniCredit
Middle East Arab Bank
Asia-Pacific HSBC
Africa Standard Bank
Algeria Arab Bank
Angola Standard Bank Angola
Argentina Banco Santander Río
Armenia AraratBank
Australia ANZ
Austria UniCredit Bank Austria
Azerbaijan International Bank of Azerbaijan
Bahrain Ahli United Bank
Bangladesh Dhaka Bank
Belgium KBC
Brazil Itaú BBA
Bulgaria UniCredit Bulbank
Cambodia ANZ Royal Bank
Canada Royal Bank of Canada
Chile Banco Santander Chile
China Bank of China
Colombia Banco de Bogotá
Croatia Zagrebačka banka
Cyprus Bank of Cyprus
Czech Republic Komerční banka
Denmark Danske Bank
Egypt Commercial International Bank
Estonia SEB Pank
Finland Nordea
France Societe Generale
Georgia Bank of Georgia
Germany Deutsche Bank
Ghana Zenith Bank
Greece National Bank of Greece
Hong Kong Standard Chartered
Hungary K&H Bank
India State Bank of India
Indonesia Bank Central Asia
Iran Bank Saderat
Israel Bank Leumi
Italy Intesa Sanpaolo
Japan Bank of Tokyo-Mitsubishi UFJ
Jordan Arab Bank
Kazakhstan Eurasian Bank
Kenya CfC Stanbic Bank
Kuwait National Bank of Kuwait
Latvia Swedbank
Lebanon BankMed
Lithuania Swedbank
Luxembourg ING Luxembourg
Malaysia Maybank
Malta Bank of Valletta
Mauritius Mauritius Commercial Bank
Mexico Banco Santander
Mongolia Trade and Development Bank of Mongolia
Morocco Attijariwafa Bank
Mozambique Banco Único
Netherlands ABN AMRO
New Zealand ANZ
Nigeria Access Bank
Norway Nordea
Oman BankMuscat
Pakistan Habib Bank
Palestine Bank of Palestine
Philippines BDO Unibank
Poland mBank
Portugal Novo Banco
Qatar Qatar National Bank
Romania BRD Bank
Russia VTB Bank
Saudi Arabia SABB
Singapore DBS Bank
Slovakia ČSOB
South Africa Standard Bank
South Korea KEB Hana
Spain BBVA
Sweden Nordea
Switzerland Credit Suisse
Taiwan CTBC Bank
Thailand Krungthai Bank
Turkey Garanti Bank
UAE Abu Dhabi Commercial Bank
Ukraine UniCredit Bank
United Kingdom HSBC
United States Wells Fargo
Uzbekistan Asia Alliance Bank
Venezuela Banco Mercantil
Vietnam ANZ
Yemen Arab Bank

***When referencing this release, please include a link to and a link to coverage of the awards at as well as the ‘About Global Finance’ paragraph below. Thank you.

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 — — offers analysis and articles that are the heritage of 29 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.

For editorial information please contact:
Andrea Fiano |

To obtain rights to use Global Finance’s awards logo, please contact:
Chris Giarraputo |

The unauthorized use of Global Finance Award logos is strictly prohibited.


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