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Estonia

Despite the Estonian economy experiencing a severe recession last year, the country’s banking sector remained robust and continued to generate stellar growth, supported by the resilience of companies and households facing higher interest rates.

July 19, 2024

Awards for Excellence

Asia’s best bank for corporate responsibility: Sampath Bank

There is so much to like about Sampath Bank’s approach to corporate responsibility. The Sri Lankan bank spent Rs91.3 million ($300,000) on all corporate social responsibility (CSR) initiatives in 2023. That is small compared to the sums lavished on the space by bigger lenders. Yet the bank, which allocates 1% of net profit to projects that further environmental and social sustainability, manages to squeeze so much out of what it has to give.

July 19, 2024

Awards for Excellence

The world’s best bank for financial inclusion: BNP Paribas

The bank is leveraging all its resources to reach six million individuals by 2025. It is well on its way.

July 19, 2024

El Salvador

El Salvador’s economy is performing poorly considering that its president Nayib Bukele recently won a landslide presidential election. His popularity belies an economy that has been blighted by high inflation, rising poverty and low growth.

July 19, 2024

Awards for Excellence: Best investment bank in Poland – Trigon

International banks inevitably capture a large share of international debt issuance from Poland, notably the sovereign and large commercial banks. But Trigon remains a national success story in investment banking as a purely Polish and private-sector player. It has a large local team that includes one of the country’s most extensive equity research capabilities.

July 19, 2024

Ethiopia

Awash Bank greatly expanded its digital solutions last year, achieving high levels of engagement across mobile and internet banking.

July 19, 2024

Awards for Excellence

North America’s best bank for corporate responsibility: Scotiabank

Scotiabank has long championed a variety of environmental, social and governance (ESG) priorities in its business and considers walking the talk to be crucial in its home region. For its continued commitment to doing things right, Scotiabank is North America’s best bank for corporate responsibility.

July 19, 2024

Awards for Excellence

Africa’s best digital bank: Nedbank

Nedbank wins the best digital bank in Africa award for the second year in a row, courtesy of its push to reform and re-engineer its IT system, with the aim of cutting costs, attracting new business and favouring an approach that focuses on evolution rather than revolution.

July 19, 2024

Awards for Excellence

Africa’s best bank for SMEs: Bank of Africa

Morocco-based Bank of Africa boasts a long and storied history as a leading lender to regional small and medium-sized enterprises. Last year, it secured a €50 million credit line from the European Bank for Reconstruction and Development to increase financing for SMEs across the continent.

July 19, 2024

Botswana

First National Bank of Botswana delivered significant improvements in financial performance last year and made good progress in digital transformation, customer retention and social responsibility.

July 19, 2024

Kazakhstan

After being knocked back by Russia’s invasion of Ukraine, Kazakhstan’s economy rebounded last year, notching up over 5% growth on strong levels of consumer and public spending.

July 19, 2024

France

French banks have not had the net interest margin bonanza that higher interest rates have offered many southern European banks recently. In fact, some French banks saw profit decreases in their domestic retail divisions last year, while areas like markets and vehicle leasing have been less of a support to group profit compared to the immediate post-pandemic period.

July 19, 2024

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