The Banker Awards 2007

The continuing bonanza for banks over the past five years may be coming to an end, at least for some, following the recent subprime crisis. But for many, strong economic growth around the globe, especially in developing economies, continues to provide a key platform for record profits and expanding profitability. The Banker’s eighth Bank of the Year Awards – sponsored by Bahrain Financial Services Development – reflect the success and financial achievements of the top banks from countries across the globe. Our 155 Bracken winners, representing a record 143 countries and all the regions of the world, are the cream of the global banking community and the best achievers in the industry.

by Banker Editor

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This year, The Banker’s eighth annual commercial banking awards provide winners in a record 143 countries along with seven regional awards, including Global Bank of the Year to the Royal Bank of Scotland. In addition we include awards in emerging markets, cash management, securities services and two in environmental social governance (formerly known as corporate social responsibility) as well as a chief information officer award. Together these winners represent the best commercial banking performances across the globe.

In a special award, William R Rhodes, chairman, president and chief executive of Citibank, will receive The Banker’s first Lifetime Achievement in Banking Award at the 2007 awards ceremonies in London on 28 November.