PRESS RELEASE: World's Best Bank Awards 2023 - Global Honorees (2024)

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PRESS RELEASE: World's Best Bank Awards 2023 - Global Honorees (8)

Global Finance magazine has announced its selections for the World’s Best Banks 2023, including its honoree for the World’s Best Bank, which is being revealed here for the first time. The 2023 World’s Best Bank is Bank of America.

PRESS RELEASE: World's Best Bank Awards 2023 - Global Honorees (9)

Also being revealed here for the first time are the following global honorees: World’s Best Corporate Bank – BBVA, World’s Best Consumer Bank – DBS, World’s Best Emerging Markets Bank – HSBC, World’s Best Frontier Markets Bank – Societe Generale, World’s Best Transaction Bank – Citi, and World’s Best Sub-custodian Bank – CIBC Mellon.

The full World’s Best Banks report will be featured in Global Finance’s October print and digital editions, as well as online at GFMag.com.

Global Finance will honor the World’s Best Banks 2023 on October 14 at the annual World’s Best Bank Awards Ceremony at the Meydene Theater in Marrakech during the IMF/World Bank Annual Meetings.

Winners were selected based on performance over the past year and other criteria including reputation and management excellence. Global Finance’s editorial board made the selections with input from corporate financial executives, analysts and bankers throughout the world. The editors also used entries submitted by banks for Global Finance’s 2023 awards programs, in addition to independent research, to evaluate a series of objective and subjective factors.

“With the return of inflation, supply chain reorganizations and rapid technological advancement fueled by artificial intelligence, what was considered great in the past is now considered fair,” said Joseph D. Giarraputo, founder and editorial director of Global Finance. “For three decades, corporate and banking decision-makers have relied on Global Finance’s Best Bank Awards to help them separate good financial partners from the best financial partners.”

PRESS RELEASE: World's Best Bank Awards 2023 - Global Honorees (10)

For editorial information please contact Andrea Fiano, editor: afiano@gfmag.com

###

AboutGlobal Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories.Global Finance’saudience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 36 years of experience in international financial markets.Global Financeis headquartered in New York, with offices around the world.Global Financeregularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

Logo Use Rights

To obtain rights to useGlobal Finance’sWorld’s Best Bank Awards 2023logo or any otherGlobal Financelogos, please contactChris Giarraputo at:chris@gfmag.com.

The unauthorized use ofGlobal Financelogos is strictly prohibited.

PRESS RELEASE: World's Best Bank Awards 2023 - Global Honorees (2024)

FAQs

Which is the best bank in the world by Global Finance magazine? ›

The financial magazine honored BBVA for the fourth time and second consecutive year with the top corporate banking award in its 'World's Best Bank Awards' for 2024, which set the standard for excellence in the financial sector.

What is the safest bank in the world? ›

World's 50 Safest Banks|2023
  1. KfW Bankengruppe. ...
  2. Züricher Kantonalbank. ...
  3. BNG. ...
  4. Landwirtschaftlichte Rentenbank. ...
  5. NWB Bank. ...
  6. Landeskreditbank Baden-Württemberg - Förderbank. ...
  7. KBN. ...
  8. NRW.Bank.

Who is the world's best bank in 2023? ›

Global Finance magazine has announced its selections for the World's Best Banks 2023, including its honoree for the World's Best Bank, which is being revealed here for the first time. The 2023 World's Best Bank is Bank of America.

Which is the best global consumer bank? ›

Global Finance has announced its selection of global winners for the 26th annual World's Best Banks , including its honouree for the World's Best Consumer Bank, the 2024 World's Best Consumer Bank is Standard Chartered.

What are the top 3 World Bank? ›

The five largest banks by market capitalization are JPMorgan Chase, Bank of America, Industrial and Commercial Bank of China, Wells Fargo, and China Construction Bank.

What is the strongest bank in the world 2024? ›

🇮🇩 BCA has become the strongest banks in the world,2024! According to the latest report from Brand Finance top 500 banking brands. With a Brand Strength Index score of 93.8/100 and an elite AAA+ rating, BCA in Indonesia ranks highest. Meanwhile, Vietcombank ranks 8th globally with an index score of 89.1.

What 3 US banks failed in 2023? ›

Failed Bank List
Bank NameCityClosing Date
Citizens BankSac CityNovember 3, 2023
Heartland Tri-State BankElkhartJuly 28, 2023
First Republic BankSan FranciscoMay 1, 2023
Signature BankNew YorkMarch 12, 2023
6 more rows
Apr 26, 2024

What bank is the safest to put your money 2023? ›

Full List of Best Banks 2023 - 2024
  • Alliant Credit Union.
  • Ally Bank.
  • Axos Bank.
  • Bank of America.
  • Bank5Connect.
  • Barclays.
  • Bethpage Federal Credit Union.
  • Bread Financial.

Which is the most trusted bank in the world? ›

Top 50 Banks in the World
Current RankPrevious RankBank
11Industrial & Commercial Bank of China Limited
22China Construction Bank Corporation
33Agricultural Bank of China Limited
44Bank of China Limited
46 more rows

What is the safest online bank? ›

Our top three picks for the best online banks are SoFi Bank, Discover Bank and Ally Bank. To help you choose, we at the MarketWatch Guides team reviewed 154 banks and credit unions, 43 of which are online financial institutions.

What is the number 1 ranked bank? ›

1. JPMorgan Chase – $3.5 trillion. Columbus, Ohio-based JPMorgan Chase is the largest US bank with total assets of $3.503 trillion. Some $2.684 trillion are domestic assets, accounting for 77% of its total assets.

Which bank is everywhere in the world? ›

J.P. Morgan Chase operates in over 100 countries around the world, providing an extensive global reach.

Which is the best investment bank in Global Finance magazine? ›

From Bad To Worse
Country, Territory and District Winners
UAEEmirates NBD Capital
NORTH AMERICA
CanadaCIBC
United StatesJ.P. Morgan
69 more rows
Apr 2, 2024

Is Global Finance magazine reliable? ›

They are backed by a 37-year history of editorial accuracy and integrity. Global Finance's corporate and financial audience relies on these awards because they are credible, reliable and have stood the test of time.

Which trade finance bank is best Global Finance? ›

Global Finance Awards BNY Mellon Best Bank for Trade Finance 2024.

Which is the best private bank in the world by Global Finance? ›

Which is the best private bank in the world?
  • Based on 2024 Global Finance Awards: 1st Place: J.P. Morgan Private Bank. 2nd Place: UBS Global Wealth Management. 3rd Place: Julius Baer.
  • Based on 2023 Euromoney Awards: 1st Place: J.P. Morgan Private Bank.
Jul 9, 2024

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