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Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Frontier Market Bank, the 2024 World’s Best Frontier Market Bank is UBA.
“United Bank for Africa continued to deliver on its dedication to serving domestic and international businesses while providing financial inclusivity during 2023’s slowing economic growth. The pan-African bank’s robust risk management, prudent lending policies, and strategic internal investments delivered stellar financial returns, making it stand out from the competition in the frontier markets.” said Joseph Giarraputo, founder and editorial director of Global Finance.
“For over thirty years, corporate and banking leaders have turned to Global Finance’s Best bank awards to identify financial partners who not only excel in their offerings but also adapt and innovate in an ever-evolving market.”
Winners were selected based on performance over the past year and other criteria including reputation and management excellence. Global Finance’s editorial board made the selections with input from corporate financial executives, analysts and bankers throughout the world. The editors also used entries submitted by banks for Global Finance’s 2024 awards programs, in addition to independent research, to evaluate a series of objective and subjective factors.
Global Finance will hold its 26th annual World’s Best Bank Awards alongside the IMF/World Bank Annual Meetings in Washington, D.C. in October later this year.