Asiamoney Best Bank Awards

Industrial Bank of Korea is named the best bank for small and medium-sized enterprises in Korea this year thanks to its provision of specialized services to the sector, from flexible financing to personalised advisory.

International sanctions against Russia and a slowdown in China’s economy have presented difficult challenges for Kazakhstan’s banking industry this year. Nevertheless, the country’s best domestic bank, Forte Bank, put in a good performance.

Citi is the best international bank in Kazakhstan, with a 25% market share of processed payments through correspondent accounts. It provides Kazakh clients with a variety of cross-border products, such as debt capital markets and services to those considering international expansion.

For underwriting a range of sustainable debt financings and an equity deal over the awards period, Morgan Stanley wins Japan’s best bank for environmental, social and governance this year.

Resona Group wins best bank for small and medium-sized enterprises this year. It rivals the country’s larger banks in terms of the scale of its loan portfolio to the segment and its commitment to these businesses through various products and services.

MUFG Bank is Japan’s best bank for corporates after a period of impressive financial achievement. It has made investments to help foster the development of the country’s startup culture and to help improve sustainability among its corporate community.

After a period that saw the bank achieve solid market share in all core parts of its investment banking business in Japan, Morgan Stanley is named best investment bank in the country this year.

Despite challenges both domestically and abroad, MUFG Bank has been named Japan’s best domestic bank following a relatively strong financial performance that supports the business's growth.

Citi is the best international bank in Japan this year after a period of good financial performance and the introduction of changes to improve efficiency and returns.