Earlier this year, GTR called everyone involved in the trade finance market to vote in our annual Leaders in Trade awards. These are the results:
Best global trade finance bank:
Winner: Citi
Runner-up: HSBC
Best global export finance bank:
Winner: Standard Chartered
Runner-up: Commerzbank
Best global commodity finance bank:
Winner: ABN Amro
Runner-up: BNP Paribas
Best global structured commodity finance bank:
Winner: ING
Runner-up: Deutsche Bank
Best trade finance bank in Latin America:
Winner: Santander
Runner-up: BBVA
Best trade finance bank in Asia:
Winner: Standard Chartered
Runner-up: HSBC
Best trade finance bank in CEE:
Winner: Commerzbank
Runner-up: Raiffeisen Bank
Best trade finance bank in CIS:
Winner: VTB Bank
Runner-up: Sberbank
Best trade finance bank in South Asia (including India, Pakistan, Bangladesh, Sri Lanka only):
Winner: HSBC
Runner-up: ICICI
Best trade finance bank in Australia and the Pacific:
Winner: ANZ
Runner-up: Westpac
Best trade finance bank in the Middle East & North Africa:
Winner: Abu Dhabi Commercial Bank
Runner-up: SABB
Best trade finance bank in Sub-Saharan Africa:
Winner: Standard Bank
Runner-up: Ecobank
Best trade finance bank in the Nordic region:
Winner: Nordea Bank
Runner-up: Danske Bank
Best trade finance bank in North America:
Winner: Citi
Runner-up: Bank of America Merrill Lynch
Best trade finance bank in Western Europe (excluding the Nordic region):
Winner: Crédit Agricole
Runner-up: Commerzbank
Best trade finance bank in the UK:
Winner: Barclays
Runner-up: RBS
Best forfaiting house:
Winner: London Forfaiting Company
Runner-up: UniCredit
Best factoring house:
Winner: Bibby Financial Services
Runner-up: Mena Factors
Best Islamic trade finance bank:
Winner: Abu Dhabi Commercial Bank
Runner-up: Maybank
Best outsourcing bank:
Winner: BNY Mellon
Runner-up: Wells Fargo
Best trade credit and political risk insurance broker:
Winner: BPL Global
Runner-up: Marsh
Best trade credit insurance underwriter:
Winner: AIG
Runner-up: Euler Hermes
Best political risk insurance underwriter:
Winner: Chaucer
Runner-up: ACE Group
Best development bank in trade:
Winner: EBRD
Runner-up: Asian Development Bank
Best alternative trade finance provider:
Winner: Falcon Group
Runner-up: Trade Finance Partners
Best export credit agency:
Winner: Euler Hermes
Runner-up: Sace
Best trade finance software provider:
Winner: Misys
Runner-up: Surecomp
Best supply chain finance bank:
Winner: Citi
Runner-up: HSBC
Best bank for documentary processing:
Winner: Commerzbank
Runner-up: Crédit Agricole
Company with best supply chain finance platform:
Winner: PrimeRevenue
Runner-up: Bolero
Best trade finance law firm:
Winner: Sullivan & Worcester
Runner-up: Allen & Overy
