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  • In an emerging economy where an estimated 90 to 95 out of every 100 registered businesses are small and medium-sized enterprises (SMEs), Zaw Zaw’s Ayeyarwady Bank wins plaudits from its peers for its lively SME business.
  • CB Bank was a pioneer of premium banking in Myanmar, launching its Prestige brand in 2015. These are very early days for private banking in Myanmar: the wealthy still prefer to place money in Singapore and Bangkok, out of reach of covetous state fingers in a country still some way from a reliable rule of law and secure democracy.
  • The May tour by English football team Leeds United may not have won Leeds many friends outside Myanmar, as foreign critics railed against touring a country that ethnically cleanses its Rohingya Muslim minority, but that wasn’t the point for tour sponsor Ayeyarwady Bank – its focus was all domestic.
  • When Asiamoney was discussing the digital banking landscape with a senior banker in Uzbekistan, he started by reeling off a list of his bank’s many investments in technology, clearly doing his best to clinch this award. Briefly, though, the pitch faltered.
  • In Hong Kong, HSBC is the bank others are measured by and, in many cases, aspire to be, notably the big Chinese state banks in their forever-quest to usurp it. Yet again, ‘The bank’, as it’s known, led the Hong Kong market in all the key measures: overall customer accounts, mandatory provident fund accounts and mortgages, in a market where property is paramount.
  • Corporate social responsibility has always been ingrained in State Bank of India’s ethos. It goes as far back as 1973 when the idea of CSR was introduced by the firm as ‘innovative banking’, a way to focus on the economic development of the underprivileged in society through non-banking activities.
  • Kotak Mahindra Bank has a reputation in India for being almost infallible. Rival bankers hold the bank in high regard, especially for its business acumen, leadership, governance and deal-making ability.
  • In a country like India that boasts millions of micro, small and medium-sized enterprises (MSMEs), catering to their financial needs is critical, especially as SMEs contribute about 45% of India’s industrial output and employ as many as 42 million people.
  • The Asiamoney award for the best digital bank in India was a hotly contested one. Since prime minister Narendra Modi’s unexpected demonetization announcement in November 2016, banks have been pushing out their digital agendas opportunistically, as a large part of the population, along with thousands of businesses, was forced to go cashless.
  • When Asiamoney asked a handful of senior bankers at domestic firms in India to suggest the best international bank in the country, their response was almost unanimous. When Asiamoney posed the same question to international banks in India, they didn’t mince their words either. Citi dominates the Indian market among international banks.
  • Citygem is the private banking operation of The City Bank, run by chief executive Sohail R K Hussain. But nationalism compels Bangladesh’s central bank not to allow private banking as much of the world knows it, so in Bangladesh it’s called priority banking.
  • Ayeyarwady Bank, more commonly known as Aya Bank, is a fascinating financial institution. Founded in 2010 by the tycoon Zaw Zaw, it has never been afraid to think differently and ahead of the curve. In 2015, it became the first local lender to meet IFRS compliance requirements and to be audited by one of the big four global accounting firms.