Global Finance Names The Best Sub-custodian Banks 2021

Global Finance has announced its selections for the 19th annual Best Sub-custodian Bank Awards in seven regions and more than 80 countries and territories. A full report on the selections will appear in the July/August print and digital editions of Global Finance and online at

Global Finance’s editorial board considered market research, input from expert sources and entries from banks to select the institutions that reliably provide the best services in local markets and regions. The criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices. Global Finance also obtained input from users of sub-custody services. Performance was judged over the period covering January 1, 2020 through December 31, 2020.

“The unprecedented events of the past year and a half forced Sub-custodians to embrace digitization and quickly adapt to the post-pandemic landscape,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “Global Finance’s Sub-custodian Bank Awards honor those instutions embraced new and innovative ideas to meet the challenges they faced.”

The list of winners of Global Finance’s Best Sub-custodian Bank 2021 Awards follows.

For editorial information, please contact Andrea Fiano, editor,



About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 189 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — — offers analysis and articles that are the legacy of 34 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.

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