Asiamoney Best Bank Awards

Huatai International, wholly owned by Chinese brokerage house Huatai Securities, impressed Asiamoney this year with the efforts it has made to revamp its investment banking franchise and stay relevant to clients in a difficult environment. It wins the award for the most transformed investment bank in Hong Kong.

Credit Suisse’s willingness to take Pakistan far more seriously than many of its global peers has paid off handsomely in the past year.

Over the last century, Sanoat Qurilish Bank has had a front-row view of Uzbekistan’s economic zigs and zags. But it is the work the bank is doing to forge a greener future that put it in front to win our awards for best domestic bank and best for environmental, social and governance this year.

India had a tough time during the pandemic. A sharp decline in consumer spending hit many businesses, which in turn squeezed the banks and led to a 7.3% contraction in the economy in the financial year from April 2020 to March 2021.

The nine years since Dhaka Bank incorporated its investment banking arm have been as action-packed as its executive team could have anticipated in 2013. Indeed, Dhaka Bank, led by chief executive Emranul Huq, epitomises much of the transformation seen in Bangladesh in the last decade.

When a bank has been operating in a market for more than a century, it is bound to have established deep ties with a host of businesses, from the small and medium-sized companies to the largest, privately owned blue-chip conglomerates.

Running a bank during the Covid-19 crisis in Myanmar is hard enough. Throw in a military coup and the situation becomes far worse.

UCB Investment, a wholly owned subsidiary of commercial bank United Commercial Bank, was formed in 2011 but only received its licence to start operations as a fully fledged investment bank in October 2020. The period that followed was anything but typical, thanks to global turmoil and uncertainty. Through it all, the bank kept its cool to serve customers – and secure the Asiamoney best corporate bank award for 2022.