EM Search | Euromoney

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

Mexico

The winds of change are coming to the Mexican banking system. Nubank’s arrival and its 15% interest-paying deposit account are certain to bring new competitive challenges to the established banks. As the biggest and best bank in the country, BBVA theoretically has the most to lose, but its continued excellence across banking segments means that it is the best prepared for any disruption to come.

July 19, 2024

Indonesia

Bank Mandiri, Indonesia’s largest bank by assets, achieved a record net profit of $3.6 billion in 2023, an impressive 34% year on year rise – the highest in the industry and significantly outpacing the other four tier-one banks. Led by president director Darmawan Junaidi, it retains the award for Indonesia’s best bank.

July 19, 2024

Awards for Excellence

Latin America’s best investment bank: BofA Securities

BofA Securities faced tough competition to retain the award for Latin America’s best investment bank. Deal flow in international capital markets transactions was disappointing and local markets absorbed a larger proportion of financing than normal; a trend that played to strong local franchises rather than the US firm. Nevertheless, BofA’s strength – especially in the Andean region, where the bank won best investment bank awards in Chile, Colombia and Peru – saw it fend off the local challenge.

July 19, 2024

Awards for Excellence

The world’s best bank for corporate responsibility: Scotiabank

The bank’s 10-year ScotiaRise programme has gone from strength to strength, reaching out to indigenous communities and aligning with its truth and reconciliation committee’s work.

July 19, 2024

Awards for Excellence

Asia’s best bank for advisory: Morgan Stanley

Once again, Morgan Stanley is Asia’s best bank for advisory. The investment bank was the undisputed leader in region-wide advisory during the awards period, notching $172 billion in completed and $117 billion in announced transactions.

July 19, 2024

China

In a year marked by historic lending growth in China, state-owned banks have taken the lead, defying the traditional dominance of smaller banks in driving loan expansion. Among these state-owned giants, Bank of China (BoC) has emerged as a standout performer, securing its position as China’s best bank this year.

July 19, 2024

Bangladesh

In a difficult economic landscape, Eastern Bank has once again proven its mettle, delivering impressive growth and financial performance in 2023. The bank’s net profit surged by 19.6%, while its assets rose by 11.5%. This is particularly noteworthy considering the high base set in 2022. Return on equity improved to 16.3% from 15.5% in 2022.

July 19, 2024

Awards for Excellence

The world’s best investment bank in the emerging markets: Citi

The bank's ability to offer a full set of services almost everywhere around the globe sets it apart from the competition.

July 19, 2024

Awards for Excellence: Best bank for ESG in the UK – Barclays

Barclays has integrated sustainability across its operations and financing activities, significantly reducing emissions and enhancing its commitment to green investment.

July 19, 2024

Awards for Excellence

Western Europe’s best bank for financing: BNP Paribas

As the equity capital markets remained sluggish across Europe last year, financing activity was all about debt. So, it is perhaps no surprise that western Europe’s best bank for financing this year is the one that dominated the debt capital markets league tables working on 509 deals worth $128 billion equivalent for a 7% market share: BNP Paribas. Even in ECM, the French firm ranked number five behind sector leaders BofA Securities and Goldman Sachs.

July 19, 2024

Hong Kong

In 2023, HSBC further solidified its position as Hong Kong’s best bank. Under the leadership of Luanne Lim, HSBC Hong Kong’s chief executive, the bank’s profit before tax soared to $10.7 billion, representing 80% year-on-year growth and contributing 35.3% to the group’s overall pre-tax profit.

July 19, 2024

Search results for