NEW YORK, January 9, 2017 – Global Finance has released the rankings for its seventeenth annual Best Treasury and Cash Management Banks and Providers by category, region and by country. A full report on this exclusive survey will be published in the March 2017 issue.
Global Finance has selected an overall global winner and global winner in seven key sectors. We have also selected winners in 55 countries and regional winners in North America, Western Europe, Central and Eastern Europe, Asia-Pacific, Latin America, Middle East, Africa and the Nordic region. Additionally in each region, winning banks have been selected across five categories encompassing cash mamagement, payments and collections, liquidity, working capital optimization and short-term investments/money market funds. We have also selected the Best Treasury Management Systems & Services providers across eight categories and the Best US Regional Middle Market providers.
Global Finance used a multi-tiered assessment process—which included a readers’ poll, input from industry analysts, corporate executives, technology experts and independent research—to select the best providers of treasury and cash management services. A variety of subjective and objective criteria were considered, including: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.
“As technology continues to transform the treasury and cash management landscape, companies around the world are reaping the benefits,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The winners of Global Finance’s Treasury & Cash Management Awards are at the cutting edge of this changing world, providing their clients with the tools they need to best manage their global treasury processes.
The full list of World’s Best Treasury & Cash Management Providers 2017 follows.
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GLOBAL WINNERS |
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Best Overall Bank for Cash Management |
Citi |
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Best Bank for Liquidity Management |
Citi |
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Best Bank for Payments and Collections |
Standard Chartered |
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Best Provider of Short-Term Investments/Money Market Funds |
JP Morgan Asset Management |
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Best Bank for Financial Institutions |
BNY Mellon |
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Best Bank for Working Capital Optimization |
Citi |
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Best White Label System Provider |
BNY Mellon |
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SYSTEMS & SERVICES WINNERS |
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Best Multichannel Payments Provider |
D+H Financial Technologies |
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Best Provider Of Accounts Payable Solutions |
FIS |
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Best Provider Of Accounts Receivable Solutions |
FIS |
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Best Corporate Cards And Expense Management Provider |
American Express |
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Best Cash Forecasting Solution |
Kyriba |
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Best Treasury Solutions Management Software |
SAP S4HANA |
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Best ERP Provider |
Oracle |
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Best Treasury Analytics Provider |
Reval |
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REGIONAL WINNERS |
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North America |
Western Europe |
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Best Overall Bank for Cash Management |
Citi |
Best Overall Bank for Cash Management |
Nordea |
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Best Bank for Liquidity Management |
Citi |
Best Bank for Liquidity Management |
Societe Generale |
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Best Provider of Short-Term Investments/Money Market Funds |
JP Morgan Asset Management |
Best Provider of Short-Term Investments/Money Market Funds |
Deutsche Asset Management |
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Best Bank for Payments and Collections |
Citi |
Best Bank for Payments and Collections |
ING Wholesale Banking |
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Best Bank for Working Capital Optimization |
BNY Mellon |
Best Bank for Working Capital Optimization |
Deutsche Bank |
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Nordic Region |
Central & Eastern Europe |
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Best Overall Bank for Cash Management |
Nordea |
Best Overall Bank for Cash Management |
Commerzbank |
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Best Bank for Liquidity Management |
Danske Bank |
Best Bank for Liquidity Management |
UniCredit |
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Best Provider of Short-Term Investments/Money Market Funds |
Nordea |
Best Provider of Short-Term Investments/Money Market Funds |
Deutsche Asset & Wealth Management |
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Best Bank for Payments and Collections |
DNB |
Best Bank for Payments and Collections |
ING Wholesale Banking |
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Best Bank for Working Capital Optimization |
SEB |
Best Bank for Working Capital Optimization |
Raiffeisen Bank International |
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Latin America |
Asia-Pacific |
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Best Overall Bank for Cash Management |
BBVA |
Best Overall Bank for Cash Management |
DBS |
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Best Bank for Liquidity Management |
Citi |
Best Bank for Liquidity Management |
China Construction Bank |
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Best Provider of Short-Term Investments/Money Market Funds |
Santander Global Transaction Banking & Corporate Investment Banking |
Best Provider of Short-Term Investments/Money Market Funds |
JP Morgan Asset Management |
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Best Bank for Payments and Collections |
BBVA |
Best Bank for Payments and Collections |
YES BANK |
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Best Bank for Working Capital Optimization |
Citi |
Best Bank for Working Capital Optimization |
Standard Chartered |
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Middle East |
Africa |
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Best Overall Bank for Cash Management |
National Bank of Abu Dhabi |
Best Overall Bank for Cash Management |
Standard Bank |
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Best Bank for Liquidity Management |
National Bank of Abu Dhabi |
Best Bank for Liquidity Management |
Standard Chartered |
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Best Provider of Short-Term Investments/Money Market Funds |
Banque Misr |
Best Provider of Short-Term Investments/Money Market Funds |
STANLIB |
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Best Bank for Payments and Collections |
Samba Financial Group |
Best Bank for Payments and Collections |
Ecobank |
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Best Bank for Working Capital Optimization |
Citi |
Best Bank for Working Capital Optimization |
Standard Chartered |
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COUNTRY WINNERS |
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Angola |
Standard Bank Angola |
Hong Kong |
Bank of China (Hong Kong) |
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Argentina |
Santander Global Transaction Banking & Corporate Investment Banking |
Iceland |
Arion banki |
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Australia |
Commonwealth Bank |
India |
Kotak Mahindra Bank |
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Austria |
Raiffeisen Bank International |
Indonesia |
Bank Negara Indonesia |
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Bahrain |
Bank of Bahrain and Kuwait |
Ireland |
Allied Irish Banks |
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Bangladesh |
HSBC |
Israel |
Bank Leumi |
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Belgium |
ING Wholesale Banking |
Italy |
Intesa Sanpaolo |
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Brazil |
Itaú |
Japan |
MUFG |
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Canada |
CIBC |
Jordan |
Arab Bank |
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Chile |
Banco de Chile |
Kenya |
Stanbic Bank Kenya |
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China |
ICBC |
Kuwait |
Gulf Bank |
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Cyprus |
Bank of Cyprus |
Lebanon |
BLOM Bank |
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Egypt |
CIB |
Malaysia |
Maybank |
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France |
Societe Generale |
Mauritius |
HSBC Mauritius |
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Germany |
Commerzbank |
Mexico |
Santander Global Transaction Banking & Corporate Investment Banking |
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Greece |
Eurobank |
Morocco |
Arab Bank |
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COUNTRY CONTINUED |
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Netherlands |
ING Wholesale Banking |
South Africa |
Rand Merchant Bank |
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Nigeria |
Ecobank |
South Korea |
Woori Bank |
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Norway |
Nordea |
Spain |
BBVA |
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Peru |
Citi |
Switzerland |
UBS |
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Philippines |
Union Bank of the Philippines |
Taiwan |
Taipei Fubon Bank |
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Poland |
mBank |
Thailand |
Kasikornbank |
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Portugal |
Banco BPI |
Turkey |
Garanti Bank |
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Puerto Rico |
FirstBank |
UAE |
Mashreq |
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Qatar |
Qatar National Bank |
United Kingdom |
Lloyds |
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Russia |
Promsvyazbank |
United States |
BNY Mellon |
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Saudi Arabia |
SABB |
Vietnam |
Vietcombank |
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Singapore |
DBS Bank |
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US REGIONAL MIDDLE MARKET PROVIDERS |
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Mid-Atlantic |
Fifth Third Bancorp |
Southeast |
SunTrust |
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Midwest |
U.S. Bank |
Southwest |
BBVA Compass |
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Northeast |
Citizens Bank |
West |
MUFG Union Bank |
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 30 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 | afiano@gfmag.com
To obtain rights to use Global Finance’s World’s Best Treasury & Cash Management Banks and Providers 2017 logo, please contact:
Chris Giarraputo | chris@gfmag.com
The unauthorized use of Global Finance Award logos is strictly prohibited.
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