Global Finance
Announces the Best Banks by Region 2013
NEW YORK, March 20, 2013
Global Finance
magazine has announced its annual awards for the World’s Best Banks in Developed and Emerging Markets. The list of regional winners is on the next page. A full report on the regional and country selections will appear in the May issue of
Global Finance
.
This is the twentieth year that the magazine has selected top banks by country and region. The report covers best banks in North America, Latin America, Western Europe, the Nordic Region, Central & Eastern Europe, Asia-Pacific, the Middle East and Africa. 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.
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 mix of these factors yields leading banks that may not be the largest, the oldest or the most diversified in a given region, but rather the bestthe banks with which companies around the world would most likely want to do business.
“This year’s winning banks have one thing in common, a focus on responding to the needs of their customers,” says
Global Finance’s
publisher, Joseph D. Giarraputo. “Specific market conditions certainly vary from region to region, and overall conditions for the global financial market remain difficult. These banks are being recognized for outstanding accomplishments in the face of adversity.”
AWARDS CEREMONY:
An Awards Ceremony for allwinners will be conducted atthe same time as the WorldBank/IMF Meetings on themorning of Saturday,October 12, 2013 at TheNational Press Club inWashington, DC.
For more information on the awards and/or ceremony please contact: Katharine Frey,email:
kfrey@gfmag.com
|
North America |
Royal Bank of Canada |
|
Latin America |
Banco Santander |
|
Western Europe |
BNP Paribas |
|
Nordic Region |
Nordea |
|
Central & EasternEurope |
Raiffeisen Bank International |
|
Asia-Pacific |
HSBC |
|
Middle East |
National Bank of Kuwait |
|
Africa |
Ecobank |
