The survey recognises the leading providers of trade finance products and services. This year we collected 7,319 valid responses.
The survey was divided into quantitative and qualitative sections. Clients across the world were surveyed on their use of trade finance services and asked to nominate their top providers. A provider with the greatest market share globally, regionally and locally was designated a Market Leader. Clients were also asked to assess the quality of service delivered by their providers. The providers receiving top assessments globally, regionally and locally within several categories and provisions of service earned a Best Service award.
In the case of ’Asian Banks’ rankings, international banks have been excluded from the results to reveal the Asian providers who have excelled.
Asia market leaders rankings
–
+ Market Leaders
+ Market Leaders (Asian Banks)
–
+ Market Leaders
+ Market Leaders (Asian Banks)
APAC
2020
2019
Bank
1
2
HSBC
2
1
Deutsche Bank
3
3
Standard Chartered
4
8
BNP Paribas
5
7
Citi
6
10
Bank of China
7
6
DBS Bank
8
14
ICICI Bank
9
-
Woori Bank
10
22
State Bank of India
Bangladesh
2020
2019
Bank
1
1
HSBC
2
2
Standard Chartered
3
-
Eastern Bank
China
2020
2019
Bank
1
2
HSBC
2
1
Deutsche Bank
3
3
Bank of China
Hong Kong SAR
2020
2019
Bank
1
1
HSBC
2
4
Deutsche Bank
3
2
Bank of China
India
2020
2019
Bank
1
1
HSBC
2
2
Deutsche Bank
3
3
Citi
Indonesia
2020
2019
Bank
1
1
HSBC
2
2
Deutsche Bank
3
3
Bank Central Asia
Japan
2020
2019
Bank
1
-
HSBC
Malaysia
2020
2019
Bank
1
1
Deutsche Bank
2
3
Maybank
3
2
HSBC
Philippines
2020
2019
Bank
1
1
HSBC
2
2
Deutsche Bank
3
3
Metrobank
Singapore
2020
2019
Bank
1
1
HSBC
2
3
DBS Bank
3
2
Deutsche Bank
South Korea
2020
2019
Bank
1
-
HSBC
2
1
Deutsche Bank
3
-
Shinhan Bank
Sri Lanka
2020
2019
Bank
1
1
Hatton National Bank
2
2
Standard Chartered
3
4
Deutsche Bank
Taiwan
2020
2019
Bank
1
1
HSBC
2
3
Deutsche Bank
Thailand
2020
2019
Bank
1
1
Deutsche Bank
2
6
HSBC
3
-
Kasikornbank
Vietnam
2020
2019
Bank
1
2
HSBC
2
4
Deutsche Bank
APAC
2020
Bank
1
Bank of China
2
DBS Bank
3
ICICI Bank
4
Woori Bank
5
State Bank of India
6
HDFC Bank
7
Mizuho Bank
8
China Construction Bank
9
Axis Bank
10
ICBC
Bangladesh
2020
Bank
1
Eastern Bank Limited
China
2020
Bank
1
Bank of China
2
China Construction Bank
3
ICBC
Hong Kong SAR
2020
Bank
1
Bank of China (Hong Kong)
2
DBS Bank
India
2020
Bank
1
HDFC Bank
2
State Bank of India
3
Axis Bank
Indonesia
2020
Bank
1
Bank Central Asia
2
CIMB
3
Bank Negara Indonesia
Malaysia
2020
Bank
1
Maybank
Philippines
2020
Bank
1
Metrobank
2
Bank of the Philippine Islands
3
BDO Unibank
Singapore
2020
Bank
1
DBS Bank
2
United Overseas Bank
3
OCBC Bank
South Korea
2020
Bank
1
Shinhan Bank
2
Woori Bank
3
KEB Hana Bank
Sri Lanka
2020
Bank
1
Hatton National Bank
2
Bank of Ceylon
3
NDB Bank
Thailand
2020
Bank
1
Kasikornbank
2
Siam Commercial Bank
3
Bangkok Bank
Asia best services rankings
–
+ Best Services
+ Best Services (Asian Banks)
–
+ Best Services
+ Best Services (Asian Banks)
Bangladesh
2020
2019
Bank
1
1
HSBC
2
2
Standard Chartered
3
-
Eastern Bank
China
2020
2019
Bank
1
1
Deutsche Bank
2
2
HSBC
3
4
ICBC
Hong Kong SAR
2020
2019
Bank
1
2
HSBC
2
1
Deutsche Bank
3
-
DBS Bank
India
2020
2019
Bank
1
3
BNP Paribas
2
1
HSBC
3
2
Deutsche Bank
Indonesia
2020
2019
Bank
1
1
HSBC
2
-
Bank Central Asia
3
-
Bank Mandiri
Japan
2020
2019
Bank
1
-
HSBC
Malaysia
2020
2019
Bank
1
1
Deutsche Bank
2
3
HSBC
3
5
Maybank
Philippines
2020
2019
Bank
1
1
Deutsche Bank
2
2
HSBC
3
-
BDO Unibank
Singapore
2020
2019
Bank
1
1
HSBC
2
7
Deutsche Bank
3
3
DBS Bank
South Korea
2020
2019
Bank
1
1
Deutsche Bank
2
-
HSBC
3
-
Shinhan Bank
Sri Lanka
2020
2019
Bank
1
1
Hatton National Bank
2
3
Deutsche Bank
3
2
HSBC
Taiwan
2020
2019
Bank
1
1
HSBC
Thailand
2020
2019
Bank
1
3
Deutsche Bank
2
2
HSBC
3
-
Kasikornbank
Vietnam
2020
2019
Bank
1
-
Deutsche Bank
2
2
HSBC
APAC
2020
Bank
1
DBS Bank
2
Bank of China
3
ICICI Bank
Bangladesh
2020
Bank
1
Eastern Bank Limited
China
2020
Bank
1
ICBC
2
China Construction Bank
3
Bank of China
Hong Kong SAR
2020
Bank
1
DBS Bank
2
Bank of China
India
2020
Bank
1
Kotak Mahindra Bank
2
HDFC Bank
3
ICICI Bank
Indonesia
2020
Bank
1
Bank Central Asia
2
Bank Mandiri
Malaysia
2020
Bank
1
Maybank
Philippines
2020
Bank
1
BDO Unibank
2
Metrobank
3
Bank of the Philippine Islands
Singapore
2020
Bank
1
DBS Bank
2
United Overseas Bank
3
OCBC Bank
South Korea
2020
Bank
1
Shinhan Bank
2
KEB Hana Bank
3
Woori Bank
Sri Lanka
2020
Bank
1
Hatton National Bank
2
Bank of Ceylon
3
NDB Bank
Thailand
2020
Bank
1
Kasikornbank
2
Siam Commercial Bank
3
Bangkok Bank