Global Finance names the World’s Best Foreign Exchange Providers 2010
NEW YORK, November 17, 2009 – Global Finance magazine has named the “Best Foreign Exchange Banks and Providers†by country, region and category in an exclusive survey to be published in the January 2010 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 86 countries or regions. The best online foreign exchange systems were also identifed. Criteria for choosing the traditional and online winners included transaction volume, market share, scope of global coverage, customer service,competitive pricing and innovative technologies.
“The dollar has come under attack and emerging market currencies are soaring. Corporations around the world need to select a strong, knowledgeable FX bank to help them cope with the turbulence in the markets and the risk of a dollar collapse,†says Joseph D. Giarraputo, publisher and president of Global Finance.
Global Finance names the World’s Best Foreign Exchange Providers 2010
|
GLOBAL WINNER
|
Deutsche Bank |
REGIONAL WINNERS
|
North America
|
Citi |
Latin America
|
Citi |
Western Europe
|
Deutsche Bank |
Central and Eastern Europe
|
Deutsche Bank |
Scandinavia
|
Handelsbanken Capital Markets |
Middle East
|
Ahli United Bank |
Africa
|
Standard Chartered Bank |
Asia-Pacifc
|
Standard Chartered Bank |
Southeast Asia
|
Standard Chartered Bank |
COUNTRY WINNERS
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Angola
|
BES Angola |
Argentina
|
Citi |
Armenia
|
Converse Bank |
Australia
|
Commonwealth Bank of Australia |
Austria
|
Bank Austria |
Bahrain
|
Ahli United Bank |
Belarus
|
Belarusbank |
Belgium
|
KBC Bank |
Brazil
|
Itau Unibanco |
Canada
|
Scotia Capital |
Chile
|
Banco Santander Chile |
China
|
Bank of China |
Colombia
|
Bancolombia |
Costa Rica
|
Scotiabank Costa Rica |
Cyprus
|
Bank of Cyprus |
Czech Republic
|
CSOB |
Denmark
|
Danske Bank |
Ecuador
|
Citi |
Egypt
|
Commercial International Bank |
El Salvador
|
Citi |
Estonia
|
Swedbank |
France
|
BNP Paribas |
Gambia
|
Standard Chartered Bank Gambia |
Georgia
|
Bank of Georgia |
Germany
|
Deutsche Bank |
Greece
|
Eurobank EFG |
Guatemala
|
Banco Industrial |
Hong Kong
|
HSBC |
Hungary
|
OTP Bank |
India
|
Standard Chartered Bank |
Israel
|
Bank Hapoalim |
Italy
|
UniCredit |
Jamaica
|
Scotiabank Jamaica |
Japan
|
Mitsubishi UFJ Financial |
Jordan
|
Arab Bank |
Kazakhstan
|
Kazkommertsbank |
Kuwait
|
National Bank of Kuwait |
Latvia
|
Swedbank |
Lebanon
|
BLOM Bank |
Lithuania
|
Swedbank |
Malaysia
|
HSBC Malaysia |
Mexico
|
Banamex |
Moldova
|
Moldova Agroindbank |
The Netherlands
|
Rabobank |
New Zealand
|
Westpac Banking |
Nigeria
|
First Bank of Nigeria |
Norway
|
DnB NOR |
Oman
|
BankMuscat |
Pakistan
|
Standard Chartered Bank |
Peru
|
Scotiabank Peru |
Philippines
|
Bank of the Philippine Islands (BPI) |
Poland
|
Bank Pekao |
Portugal
|
Millennium bcp |
Qatar
|
Qatar National Bank |
Russia
|
VTB |
Saudi Arabia
|
Samba Financial Group |
Singapore
|
DBS |
Slovak Republic
|
CSOB |
Slovenia
|
Nova Ljubljanska Banka |
South Africa
|
Standard Bank |
South Korea
|
KEB |
Spain
|
Santander |
Sweden
|
Handelsbanken Capital Markets |
Switzerland
|
Credit Suisse |
Syria
|
Bank of Syria and Overseas |
Taiwan
|
Chinatrust Commercial Bank |
Thailand
|
Siam Commercial Bank |
Turkey
|
Akbank |
UAE
|
Emirates NBD |
Ukraine
|
UkrSibbank |
United Kingdom
|
HSBC |
United States
|
Citi |
Honorable Mention
|
BNY Mellon |
Uruguay
|
Banco Santander Uruguay |
Venezuela
|
Banco Mercantil |
Vietnam
|
Sacombank |
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