EM Search | Euromoney

North America’s best bank for transaction services: Bank of America

Transaction banking clients faced many challenges in 2023, mostly as a result of the rapidly shifting interest rate environment. That made it vital to have a banking partner that could supply reliable advice on liquidity management.

July 19, 2024

Bosnia and Herzegovina

Despite a local economic slowdown, Bosnia and Herzegovina’s banking sector remained healthy in 2023 for growth, profits and asset quality. It is a market that UniCredit Bank Mostar and Raiffeisen Bank dominate in terms of market share, and this year UniCredit – led locally by chief executive Amina Mahmutović – retains the award for the country’s best bank.

July 19, 2024

Awards for Excellence

Africa’s best bank for wealth management: Standard Bank Wealth and Investment

Led by its head of wealth and investment Jacques Els, Standard Bank Wealth & Investment is a private-banking powerhouse in Africa.

July 19, 2024

Netherlands

By far the biggest bank by assets in the country and boasting nine million account holders, ING is also the best bank in the Netherlands this year.

July 19, 2024

Awards for Excellence

Asia’s best bank for wealth management: DBS

Yet again, DBS stands head and shoulders above the field in Asian wealth management.

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

Moldova

In recognition of multiple market-leading developments in its banking business and an impressive financial performance last year, maib is Moldova’s best bank.

July 19, 2024

Tunisia

The banking environment in Tunisia worsened last year due to the absence of a financing package to meet the government’s funding needs. This led to Moody's downgrading four banks in January 2023 because of the sovereign downgrade. The agency changed its outlook on the sector to stable in January 2024.

July 19, 2024

Mauritius

Mauritius Commercial Bank (MCB) had another good year in 2023 and is again the best bank in the country for the review period.

July 19, 2024

Awards for Excellence: Best bank in Vietnam: Techcombank

Techcombank further solidified its leadership in Vietnam’s banking sector in 2023. This has been driven by its five-year transformation journey focusing on investments in digital, data and talent under chief executive Jens Lottner, who took the helm in 2020.

July 19, 2024

Australia

Commonwealth Bank of Australia (CBA) has solidified its standing as Australia’s best bank, driven not only by robust financial performance but also by its disciplined approach to margin management. Under the stewardship of chief executive Matt Comyn, the bank has strategically opted not to compete for less profitable mortgage customers to focus on delivering sustainable returns.

July 19, 2024

Awards for Excellence

Africa’s best bank for transaction services: Citi

Citi stands head and shoulders above its rivals in this category. The products it generates are designed to help day-to-day business for all its clients, be they global corporates working in and across Africa, or African firms scaling up their regional and international presence.

July 19, 2024

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