Asiamoney Best Bank Awards

With a 120-year history in Singapore, Citi can almost be considered a local bank. The US major operates in the southeast Asian city through three entities: Citibank Singapore, Citibank Singapore branch and Citicorp Investment Bank (Singapore).

Canadia Bank, one of Cambodia’s oldest banks, has seen plenty of changes over the past five years, including the steady refocusing of its business lines.

DBS takes home three Singapore awards from Asiamoney this year: best investment bank, best for digital solutions and best for CSR.

When it comes to combining banking and innovation in Cambodia, one doesn’t need to look any further than ABA Bank. With chief executive Askhat Azhikhanov in the hot seat, the firm has made bringing new technology to Cambodia’s financial sector a priority. Case in point: it was the first to launch a full-scale mobile banking app in Cambodia in 2015.

UnionBank of the Philippines took a pioneering step in July 2021 that caught the market’s attention: it unveiled a partnership with the International Finance Corp to issue social bonds to finance small business loans.

Viet Capital Securities has become Vietnam’s leading investment bank and brokerage house since it was set up 15 years ago.

UBS has come a long way in the Philippines since it opened a rep office in Manila in 1996. It wasn’t until 2004 that UBS opened its full-fledged office in the Philippines, led by the veteran banker Lauro Baja, who is head of global capital markets for Asia Pacific and head of global banking for the Philippines.