Global Finance magazine recently announced the twenty fifth annual awards for the world’s best banks.
All selections were made by Global Finance editors after extensive consultation with financial executives, bankers, banking consultants and analysts from around the globe.
In choosing these top banks, Global Finance considered aspects starting from quantitative purpose to deliberate subjectivity. In addition, a survey was conducted amongst Global Finance’s corporate readers to extend the accuracy and reliability of the outcomes.
Banks were invited to submit applications supporting their selection. Objective criteria considered included: asset growth, profitability, geographic reach, strategic relationships, recent business development and product innovation.
The subjective criteria included the opinions of equity analysts, credit standing analysts, banking consultants and other people involved within the industry.
“At a time of unprecedented change in the financial services industry, Global Finance magazine’s annual Best Bank Awards continue to provide a consistent assessment of the financial industry’s performance, whether it’s developing products to meet emerging financial needs or designing digital platforms that accelerate and enhance services,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance magazine.
“Winners are world-class leaders who respond skillfully to changing political trends, new technologies and evolving market conditions.”
.. and now we present to you first the list of regional winners:
| REGION | BANK |
| Africa | Standard Bank Group |
| Central and Eastern Europe | Raiffeisen International Bank |
| Latin America | Santander |
| ASIA-PACIFIC | DBS Bank |
| Near East | Arab Bank |
| North America | Bank of America |
| west Europe | ING |
The full report on the selections will appear within the May issue of Global Finance, with winners chosen in nearly 150 countries across Africa, Asia Pacific, Central and Eastern Europe, Latin America, the Middle East, North America and Western Europe. It can even include selections for one of the best regional banks within the US and one of the best banks worldwide by region.
The announcement of one of the best bank on this planet will happen in the summertime and will likely be published within the October issue. It can even include one of the best global banks in 14 key categories.
More details about DBS BANK you could know:
1. Founded in 1968 by the Singapore Government and previously referred to as Development Bank of Singapore Ltd., DBS Group Holdings Ltd provides corporate, consumer and wholesale banking services to clients in Singapore, Hong Kong, China, India, Indonesia, Malaysia, Thailand and the Philippines.
2. DBS Banks, with over 280 branches in 18 markets across Asia, is the most important bank in Singapore and Southeast Asia.
3. DBS has been named Asia’s Bank of the Year by The Banker, a member of the Financial Times Group, and Asia Pacific’s Best Bank by Global Finance. The bank has also been named “Asia’s Safest Bank” by Global Finance for nine consecutive years from 2009 to 2017.
4. The largest shareholder of DBS is Temasek Holdings (a government investment company).
Source: Official website of Global Finance and
