Global Finance
Names the World’s Best Foreign Exchange Providers 2014
New York, November 25, 2013
–
Global Finance
magazine has named the World’s Best Foreign Exchange Banks and Providers by country, region and category in an exclusive survey to be published in the January 2014 issue.
Deutsche Bank was named as the global winner.
Global Finance
editors with input from industry analysts, corporate executives and technology experts also selected the best currency trading providers in 97 countries or regions. The best online foreign exchange systems were also identified. Criteria for choosing the traditional and online winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.
Corporations operating in todays global markets need the advice, tools and services of a trusted foreign exchange provider. The $5.3 trillion-a-day FX market is undergoing rapid changes as a result of technology and new regulations. We have identified the banks and systems that corporations can rely on to manage their FX exposure in every-changing markets worldwide, says Joseph D. Giarraputo, publisher and editorial director of
Global Finance
.
Deutsche Bank |
North America | Citi |
Western Europe | Deutsche Bank |
Asia-Pacific | HSBC |
Southeast Asia | DBS |
Nordic Countries | SEB |
Central and Eastern Europe | Societe Generale |
Latin America | Citi |
Middle East | National Bank of Kuwait |
Africa | Standard Bank |
Algeria | Arab Banking Corporation Algeria |
Angola | BES Angola |
Argentina | Citi |
Armenia | Ameriabank |
Australia | ANZ |
Austria | Bank Austria |
Bahrain | Ahli United Bank |
Belarus | Belarusbank |
Belgium | BNP Paribas Fortis |
Botswana | Stanbic Botswana |
Brazil | Ita Unibanco |
Bulgaria | UniCredit Bulbank |
Canada | Scotiabank |
Chile | Banco Santander Chile |
China | Bank of China |
Colombia | Banco de Bogot |
Costa Rica | Citi |
Cyprus | Bank of Cyprus |
Czech Republic | CSOB |
Denmark | Danske Bank |
Ecuador | Citi |
Egypt | CIB |
El Salvador | Citi |
Estonia | SEB Pank |
Finland | Nordea |
France | BNP Paribas |
Gambia | Standard Chartered |
Georgia | TBC Bank |
Germany | Deutsche Bank |
Greece | National Bank of Greece |
Guatemala | Citi |
Honduras | Citi |
Hong Kong | HSBC |
Hungary | OTP Bank |
India | DBS |
Indonesia | DBS Indonesia |
Ireland | Bank of Ireland |
Israel | Bank Leumi |
Italy | UniCredit |
Jamaica | Scotiabank Jamaica |
Japan | Mitsubishi UFJ Financial |
Jordan | Arab Bank |
Kazakhstan | Halyk Bank |
Kenya | CfC Stanbic Bank |
Kuwait | National Bank of Kuwait |
Latvia | SEB |
Lebanon | BLOM Bank |
Lithuania | SEB |
Macedonia | Komercijalna Banka ad Skopje |
Malaysia | Maybank |
Mexico | Banamex |
Moldova | Moldova Agroindbank |
Netherlands | ING |
New Zealand | ANZ |
Nigeria | Stanbic IBTC Bank |
Norway | SEB |
Oman | BankMuscat |
Pakistan | Standard Chartered |
Paraguay | Banco Ita Paraguay |
Peru | Citi |
Philippines | HSBC |
Poland | BRE Bank |
Portugal | Banco Santander Totta |
Qatar | Qatar National Bank |
Romania | Raiffeisen Bank Romania |
Russia | VTB Capital |
Saudi Arabia | Samba Financial Group |
Sierra Leone | Standard Chartered |
Singapore | DBS |
Slovakia | CSOB |
Slovenia | Nova Ljubljanska Banka |
South Africa | Standard Bank |
South Korea | KEB |
Spain | Santander |
Sweden | SEB |
Switzerland | Credit Suisse |
Syria | Bank of Syria and Overseas |
Taiwan | CTBC Bank |
Thailand | Siam Commercial Bank |
Turkey | Akbank |
Ukraine | Nadra Bank |
United Arab Emirates | Emirates NBD |
United Kingdom | HSBC |
United States | Citi |
Honorable Mention | BNY Mellon |
Uruguay | Citi |
Venezuela | Banco Mercantil |
Vietnam | Vietcombank |
Zambia | Stanbic Zambia |
Best FX Research | BNY Mellon |
Best Fundamental Analysis | Brown Brothers Harriman |
Best Technical Analysis | BNY Mellon |
Best Forecasts | BNY Mellon |
Best Strategy/Hedging | Deutsche Bank |
Best Bank | BNP Paribas Cortex FX |
Best Independent | Thomson Reuters |
Best Retail | Forex Capital Markets (FXCM) |