In: Finance | March 2019
Global Finance magazine has announced its 26th annual awards for the World’s Best Banks.
The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success. All selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. In selecting these top banks, Global Finance considered factors that range from the quantitative objective to the informed subjective. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
Banks were invited to submit entries supporting their selection. Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.
“What it takes to rank among the world’s best banks is increasingly difficult to deliver. Customer expectations of financial services providers has never been higher—tailored products delivered in real time with complete security,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “Global Finance’s Best Bank Awards—now in their 26th year—provide a continuity of insight into which financial institutions are innovating and adapting to changing conditions.”
Winners will be honored at an Awards Ceremony held during the IMF/World Bank Annual Meetings in Washington, DC at the National Press Club on the morning of October 19, 2019.