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  • uzbekistan-flag-half-960.jpg
    Uzbekistan
    Benefiting from robust economic growth in the country, Uzbekistan’s banking sector continued its rapid expansion last year and one bank led the pack, SQB, the country’s second largest lender.
    July 19, 2024
  • japan-flag-half-960.jpg
    Japan
    MUFG, Japan’s largest bank, had an excellent financial year in the 12 months to March 2024, setting new records for the group.
    July 19, 2024
  • armenia-half-flag-960.jpg
    Armenia
    A spike in Armenian bank M&A this year has underscored the growth opportunity for banks in the local market. The country’s best bank, Ameriabank, was bought by Bank of Georgia earlier this year, and Ardshinbank is in the process of acquiring HSBC Armenia.
    July 19, 2024
  • malaysia-flag-half-960.jpg
    Malaysia
    Under the leadership of president Khairussaleh Ramli, Maybank has exceeded the broader industry performance and achieved several milestones this year, for which it receives the award for Malaysia’s best bank. With total assets exceeding RM1 trillion ($212 billion) and a remarkable 17.5% rise in net profit to RM9.35 billion in 2023, the bank has grown while delivering record dividend payouts. Profit before tax was up 5.6% and return on equity rose to 10.8% from 9.6% in the previous year.
    July 19, 2024
  • Djelic-Bozidar-Lazard-960.jpg
    Awards for Excellence
    CEE’s best bank for advisory: Lazard
    In 2023, central and eastern Europe’s M&A markets held up relatively well, with a total deal value of more than $30 billion according to Dealogic. Lazard, CEE’s best bank for advisory, was involved in many of the most important advisory situations in the region.
    July 19, 2024
  • morocco-flag-half-960.jpg
    Morocco
    Attijariwafa Bank remains the bank to beat in Morocco. In a year that saw profits grow 20% to Dh13.8 billion ($1.4 billion), it has focused its efforts on promoting private investment in the country.
    July 19, 2024
  • mexico-flag-half-960.jpg
    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
  • Patrick-Colle-BNP-Paribas-960.jpg
    Awards for Excellence
    The world’s best bank for securities services: BNP Paribas
    The French bank has made steady progress in this business over the last decade and last year was a strong period of new mandates and client expansion.
    July 19, 2024
  • James-Mwangi-Equity-Group-2024-960.jpg
    Awards for Excellence
    Africa’s best bank for corporate responsibility: Equity Bank Kenya
    Equity Bank Kenya claims its mission is to empower clients and stakeholders, both socially and economically.
    July 19, 2024
  • philippines-flag-half-960.jpg
    The Philippines
    BDO Unibank, the Philippines’ largest bank, turned in an exceptional financial performance in 2023, cementing its position as the country’s best bank.
    July 19, 2024
  • thailand-flag-half-960.jpg
    Thailand
    Kasikornbank (KBank) receives the award for Thailand’s best bank in in recognition of its commitment to enhancing asset quality in a challenging market and its dedication to sustainability initiatives.
    July 19, 2024
  • india-flag-half-960.jpg
    India
    As India’s second-largest private bank, ICICI Bank has once again demonstrated its ability to outperform its peers. While its formidable competitor, HDFC Bank, has a significant acquisition to digest, ICICI Bank has seized the opportunity to catch up in valuation and surpass market expectations, making it India’s best bank this year.
    July 19, 2024
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