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Best Banks in the World 2017

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The winners of this year’s awards for the best banks in the world have successfully combined human expertise with technology to deliver positive customer experiences. These banks have loyal customers at both corporate and consumer levels. They have discovered profitable business models in a rapidly changing world. To provide the solutions demanded by their customers, banks are no longer building all their technology in-house. Today’s large banks are far more disposed to consider offerings built by technology partners, or even hosted in private clouds, according to a recent report by Boston-based research firm Aite Group.

GLOBAL BEST BANKS 2017
Best Bank In The World ING
Best Corporate Bank Bank of America
Best Consumer Bank Royal Bank of Canada
Best Emerging Markets Bank Industrial and Commercial Bank of China
Best Frontier Markets Bank Citi
Best Derivatives Bank Societe Generale
Best Subcustody Bank Standard Chartered Bank
Best Global Custodian Northern Trust
Best Islamic Financial Institution Maybank Islamic
Best Investment Bank UBS
Best Cash Management Bank Citi
Best Trade Finance Bank BNP Paribas
Best Supply Chain Finance Bank Citi
Best Foreign Exchange Bank UBS
Best Pension Manager J.P. Morgan Asset Management

Corporate treasurers, as well as consumers, expect their banking transactions to be smooth and seamless, anytime and anywhere. To provide the solutions demanded by their customers, banks are no longer building all their technology in-house. Today’s large banks are far more disposed to consider offerings built by technology partners, or even hosted in private clouds, according to a recent report by Boston-based research firm Aite Group.

Meanwhile, the global banking landscape has shifted enormously over nearly a decade since the 2008 financial crisis. “The most dramatic change in the post-crisis global financial system has been in cross-border lending,” according to McKinsey Global Institute. Cross-border capital flows, including foreign direct investment, have shrunk by 65% since 2007.

Source- www.gfmag.com

REGIONAL WINNERS
North America Bank of America
Western Europe ING
Central & Eastern Europe Raiffeisen Bank International
Latin America Santander
Asia-Pacific ICBC
The Middle East Arab Bank
Africa Standard Bank

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