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Awards for Excellence: Best bank in Spain – CaixaBank

Even its rivals in Spain admit to feeling the impact last year as CaixaBank moved on from integrating Bankia to concentrating more exclusively on developing its business organically. This is evident, for example, in the savings market, where its customer funds increased by 3.1% in 2023. In insurance, a vital part of the group’s activities, there was also healthy growth, with a 7% volume growth in general and life risk premiums.

July 19, 2024

Awards for Excellence

Canada’s best investment bank: RBC Capital Markets

Cross-border transactions involving multiple products that combine advisory, equity and debt financing are the bread and butter of a franchise like RBC Capital Markets. The firm’s performance in 2023 makes it a worthy winner of the award for Canada’s best investment bank.

July 19, 2024

Greece

It has been a great time to be a Greek banker. Rating agencies returned the sovereign to investment grade in 2023 and the country’s lenders, having reduced non-performing loans and cost of risk while rebuilding capital ratios, also delivered improved profits.

July 19, 2024

New Zealand

New Zealand’s high interest rate cycle has significantly impacted borrowing demand and funding costs, marking the end of an era of record profits for banks. Despite these challenges, ASB Bank, owned by the Commonwealth Bank of Australia, has demonstrated resilience during the awards period and is New Zealand’s best bank.

July 19, 2024

Brunei

Baiduri Bank is again Brunei’s best bank, not just because of its impressive financial performance but also for its dedication to digital transformation.

July 19, 2024

Awards for Excellence

Asia’s best bank for SMEs: UOB

Singapore’s big lenders tend to dominate banking for small and medium-sized enterprises in Asia, and this year is no exception, with UOB beating its domestic rivals to this award.

July 19, 2024

Awards for Excellence

CEE’s best bank for corporate responsibility: Isbank

There are many ways in which banks can demonstrate their commitment to social responsibility and some come amid the most challenging times. The devastating earthquake in southern Turkey at the beginning of last year triggered an immediate response in support for the affected communities from the country’s corporate and banking sectors.

July 19, 2024

Sweden

SEB, a regular winner of this award, certainly did not rest on its laurels in 2023, posting strong financial results and was able to boast a host of developments across its franchises. For its consistently dominant performance, it is once again Sweden’s best bank.

July 19, 2024

Hungary

Despite the overbearing presence in Hungary of national champion OTP – and the emergence in 2023 of a much larger government-owned lender in the form of MBH Bank – international firms continue to compete in the domestic market. The biggest of these international players is K&H Bank, owned by Brussels-based group KBC.

July 19, 2024

Croatia

Croatia’s entry into the euro in January 2023 was a landmark event for the country’s banking sector, which is dominated by banks from elsewhere in the European Union.

July 19, 2024

Sri Lanka

After years of political upheaval and economic crisis, Sri Lanka showed signs of stabilization in the second half of 2023. Despite the challenging landscape, Hatton National Bank (HNB) achieved record growth in the review period and cemented its position as Sri Lanka’s best bank.

July 19, 2024

Awards for Excellence

Africa’s best bank for sustainable finance: Societe Generale

Societe Generale’s global reputation as a driver of green and sustainable principles and investment, plus its long presence across Africa, combine to make the Paris-based lender a clear winner of this award on the continent.

July 19, 2024

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