The Banker has been a trusted source of global financial intelligence since 1926 and this month’s Bank of the Year Awards listing, like our Top 1000 World Banks listing in July, has become not only essential reading but also a key indicator of financial performance. This year, our awards cover 133 countries (nine more than last year), nine regional awards, 14 investment banking categories, four technology functions and two corporate social responsibility commendations. The criteria for the assessment of the Bank of the Year Awards vary depending on the award. For our country assessments, our global editorial team reflect on the latest results and banking data (including a detailed questionnaire provided by the bank) and also on technological and strategic developments. The awards recognise best overall performance in the previous period incorporating both performance criteria and qualitative achievements. Questionnaires are a key part of our process and this year a record 508 were received. Awards were not given in a number of countries due to insufficient information. In the 14 investment banking awards, a slightly different process is used involving judges from the sector and a detailed application. There were 65 entries across 14 specific categories. This year, The Banker is giving Bracken awards to all the country winners, as well as those in the regional, investment banking, technology and corporate social responsibility categories.
Bracken winners
Winners in The Banker Awards will receive a prestigious Bracken award, named after Brendan Bracken, the founding editor of The Banker in 1926 and the chairman of the modern-day Financial Times from 1945 to 1958. Brendan Bracken epitomises the global spirit, vision and integrity of The Banker and the FT Group, and the winning of a Bracken is a fitting accolade for the performances of the world’s top financial institutions.
The winners
Winner Global Bank of the Year - HSBC
Bank of the year
Western Europe - Royal Bank of Scotland
Central & Eastern Europe - Bank Austria Creditanstalt
Asia-Pacific - HSBC
Latin America - BBVA
Middle East -National Bank of Kuwait
Africa - Standard Bank
Emerging Markets - Standard Bank Group
Corporate Social Responsibility - ABN AMRO CSR
Emerging Markets - Unibanco
Technology
Best Use of IT in Retail Banking - Nordea
Best Use of IT in Wholesale Banking - Deutsche Bank
Best Multi-Channel Strategy - Abbey
Best Risk Management Strategy - JPMorgan
Investment banks
Bond House of the Year - Morgan Stanley
Equity House of the Year - Morgan Stanley
FX House of the Year - UBS
M&A House of the Year - Goldman Sachs
Credit Derivatives House of the Year - Deutsche Bank
Equity Derivatives House of the Year - SG Corporate &Investment Banking
Interest Rate Swap House of the Year - JPMorgan
Securitisation Citigroup
Loan House of the Year - JPMorgan
Project Finance House of the Year -Citigroup
Best House at Bank Capital Raising - Lehman Brothers
Best House at Cash Management - Deutsche Bank
Restructuring House of the Year - UBS
Global Securities Services House of the Year - JPMorgan
