Global Finance magazine has named its 25th annual World’s Best Foreign Exchange Banks as part of the Gordon Platt Foreign Exchange Awards. Winners have been chosen in 87 countries, territories and districts, seven regions and multiple global categories.

These awards are named in honor of Gordon Platt, who was the driving force behind this program for many years.

An exclusive report on this program will be published in the January 2025 print and digital editions as well as online at GFMag.com. It will also include Global Finance’s annual FX Tech Awards.

Winning organizations will be honored at Global Finance’s Gordon Platt Foreign Exchange and Best SME Bank Awards Ceremony in London at the OXO2 at the landmark OXO Tower on February 25. 

Global Finance considered bank submissions, input from industry analysts, corporate executives and technology specialists. Criteria for choosing the Best Foreign Exchange Banks Award winners included, transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies. 

“In a time of global economic uncertainty and rapid technological advancement, Global Finance’s Best Foreign Exchange Banks 2025 have demonstrated exceptional expertise, resilience, and innovation in the FX sector, consistently delivering value and reliability to their clients worldwide,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance is proud to honor institutions that have excelled in a dynamic and challenging market environment.”

The complete list of Global Finance’s 2025 World’s Best Foreign Exchange Banks follows.

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

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience 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 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly 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 use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.

The unauthorized use of Global Finance Logos is strictly prohibited.

Global Finance magazine has named its annual FX Tech Awards as part of the Gordon Platt Foreign Exchange Awards. This awards program honors companies that conceive fresh ideas and execute flawlessly in designing or deploying technology to improve foreign exchange.

These awards are named in honor of Gordon Platt, who was the driving force behind this program for many years.

An exclusive report on this program will be published in the January 2025 print and digital editions as well as online at GFMag.com. It will also include Global Finance’s 25th annual World’s Best Foreign Exchange Banks Awards.

Winning organizations will be honored at Global Finance’s Gordon Platt Foreign Exchange and Best SME Bank Awards Ceremony in London at the OXO2 at the landmark OXO Tower on February 25.

Global Finance’s regional experts considered bank and technology provider submissions and used their own research and knowledge to make shortlists in all regions and categories, before applying a bespoke algorithm, which includes market share, scope of global coverage, innovative features, competitive pricing and customer service to help choose the 2025 FX Tech Award winners.

“The winners of Global Finance’s 2025 FX Tech Awards offer cutting-edge solutions that empower clients with enhanced efficiency, security, and insights in a rapidly evolving financial landscape,” said Joseph Giarraputo, founder and editorial director of Global Finance. “These honorees have proven their commitment to pushing boundaries and advancing the field, and Global Finance is proud to recognize their achievements.”

The complete list of Global Finance’s 2025 FX Tech Awards follows.

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

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience 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 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly 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 use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.

The unauthorized use of Global Finance Logos is strictly prohibited.

Global Finance has announced its tenth annual World’s Best Private Banks Awards for 2025. A full report on the selections will appear in the December print and digital editions of Global Finance as well as online at GFMag.com.

Global Finance’s Private Bank Awards honors banks that best serve the specialized needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth. The winners are not always the biggest institutions, but rather the best—those with qualities that individuals rate highly when choosing a provider.

Global Finance’s editorial board selected the winners for the Private Bank Awards with input from executives and industry insiders. The editors also use information from entries submitted by banks, in addition to independent research, to evaluate a series of objective and subjective factors. This year’s ratings were based on performance during the period covering July 1, 2023 through June 30, 2024.

“Excellence in private banking goes beyond financial acumen; it combines a nuanced understanding of clients’ unique aspirations with insightful economic knowledge,” said Joseph Giarraputo, founder and editorial director of Global Finance. “This year’s awards celebrate institutions that excel not only by navigating financial complexities but also by innovatively meeting the evolving expectations of today’s high-net-worth clients.”

Winning organizations will be honored at Global Finance’s annual World’s Best Private Bank Awards Ceremony at the Harvard Club of New York City in the historic Biddle Room on March 19, 2025. 

The full list of Global Finance’s World’s Best Private Banks 2025 follows.

GLOBAL AWARDS

REGIONAL AWARDS

Africa

Asia-Pacific

Caribbean & Central America

Central & Eastern Europe

Latin America

Middle East

North America

Western Europe

COUNTRY, TERRITORY AND DISTRICT AWARDS

US REGIONAL AWARDS

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

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience 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 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly 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 use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.

The unauthorized use of Global Finance Logos is strictly prohibited.

Global Finance has announced its 33rd annual rankings of the World’s Safest Banks 2024.

A full report on the World’s Safest Banks will be published in the November print and digital editions, as well as online here at GFMag.com.

The report will include: World’s Safest Banks; Safest Banks by Country,Territory and District; World’s 50 Safest Commercial Banks; 50 Safest Emerging Market Banks; Safest Islamic Financial Institutions in the GCC and the Safest Banks by Region (Africa, Asia, Australasia, Central & Eastern Europe, Latin America, the Middle East, North America, and Western Europe).

Global Finance’s annual rankings of the World’s Safest Banks have been the recognized and trusted standard of financial counterparty safety for more than a three decades. Winners were selected through an evaluation of long-term foreign currency ratings—from Fitch, Moody’s, and Standard & Poor’s
—of the 500 largest banks worldwide.

Press releases for Global Finance’ World’s Safest Banks 2024 are linked below.

Global Finance has selected the World’s Best Global and Regional Corporate/Institutional Digital Banks and Consumer Digital Banks as part of its 25th Annual World’s Best Digital Bank Awards program. The overall Global Sub-category honorees and the Best Regional Islamic Digital Banks have also been chosen. 

Honorees were revealed live today, October 1st, at Global Finance’s 2024 World’s Best Digital Bank Awards Ceremony at London’s landmark Banking Hall.

Bank of Georgia has been named the overall World’s Best Digital Bank.

A full report will appear in the December 2024 print and digital editions of Global Finance as well as online at GFMag.com. Round 1 winners previously appeared in the September 2024 issue, covering honorees in individual countries and territories. Coverage of the Round 1 winners can be found here:

“The rapid advancements in fintech, the rise of digital currencies, and the increasing importance of cybersecurity are continually redefining the benchmarks for exceptional digital banking services,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance’s Best Digital Bank Awards celebrate the financial institutions that are leading the way with innovative digital solutions and setting new standards in the industry.”

Global Finance’s World’s Best Digital Bank Awards are based on submissions from banks that wish to be considered. The awards judging panel was comprised of representatives from Infosys, a global leader in consulting, technology and outsourcing solutions. Based on evaluations by the judges, Global Finance’s editors made the final selections.

Winners were selected based on strength of strategy for attracting and servicing online customers, success in getting clients to use digital offerings, growth of online customer base, breadth of products offered, evidence of tangible benefits gained from digital initiatives, and web site design and functionality. Sub-category winners were selected on the basis of relative strength, products and services.

The list of Global Finance’s World’s Best Digital Bank Awards 2024 Global and Regional winners follows.

GLOBAL WINNERS – THE WORLD’s BEST DIGITAL BANKS 2024

REGIONAL WINNERS – BEST CORPORATE/INSTITUTIONAL DIGITAL BANKS

REGIONAL WINNERS – BEST CONSUMER DIGITAL BANKS

REGIONAL WINNERS – BEST ISLAMIC DIGITAL BANKS

GLOBAL SUB-CATEGORY WINNERS – BEST CORPORATE/INSTITUTIONAL DIGITAL BANKS

GLOBAL SUB-CATEGORY WINNERS – BEST CONSUMER DIGITAL BANKS

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

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories. Global Finance’s audience 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 37 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly 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 use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.

The unauthorized use of Global Finance Logos is strictly prohibited.

Global Finance has announced its selections for the fourth annual SME Bank Awards for 2025. Honorees have been chosen globally and across the following regions: Africa, Asia-Pacific, the Caribbean, Central America, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe. Winners have also been named in 72 countries, territories and districts and six US regions. A full report on Global Finance’s SME Bank Awards will be published in the November 2024 print and digital editions and online at GFMag.com.

Global Finance founder and editorial director Joseph Giarraputo emphasized the critical role of small and medium enterprises in the global economy: “Across every region, SMEs are the backbone of economic and jobs growth. Global Finance is committed to spotlighting financial institutions that excel in supporting this crucial sector, both locally and globally, empowering SME managers to reach new heights of financial success.”

The editors of Global Finance selected the winners for the 2025 Best SME Bank Awards based on entries submitted by banks and independent research, with input from industry insiders, executives, and technology experts. Global Finance used a proprietary algorithm with criteria—such as knowledge of SME markets and needs, breadth of products and services, market standing, and innovation—weighted for relative importance. Entries were not required for consideration. This year’s ratings are based on performance from April 1, 2023 to March 31, 2024. The winners are those banks that best meet the specialized needs of SMEs in their markets.

Global Finance’s awards and recognition programs are the trusted standard of excellence for banks and their corporate partners. 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 real.

The list of winners of Global Finance’s SME Bank Awards 2025 follows.

REGIONAL WINNERS

COUNTRY, TERRITORY AND DISTRICT WINNERS

US REGIONAL WINNERS

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

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories. Global Finance’s audience 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 37 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly 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 use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.

The unauthorized use of Global Finance Logos is strictly prohibited.

Global Finance is proud to present the winners of the 17th annual Stars of China Awards, honoring the best Chinese banks, fintech companies, asset management firms and enterprises serving China and the world. 

The Stars of China Awards are the preeminent evaluation of financial institutions and other organizations in China by international media, and they recognize institutions that excel in serving China in harmony with the nation’s goals and objectives.

A full list of the winners is presented on the following pages and will be published in the November print and digital editions and online at GFMag.com. The Stars of China Special Report will include Global Finance’s exclusive ranking of the Safest Banks in China. It will also include an in-depth look at the success stories behind the winners and their various approaches to excellence in the unique environment in China.

“As China navigates a challenging economic landscape, the banking and financial sectors stand at the forefront of this progress. Through the Stars of China awards, Global Finance celebrates the top-performing banks and asset managers who have demonstrated exceptional service and financial innovation,” said Joseph Giarraputo, founder and editorial director of Global Finance.

Winners will be honored at Global Finance’s Stars Of China Awards Ceremony on October 21 at the Pan Pacific in Beijing.

The full list of winners follows.

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries, territories and districts. Global Finance’s audience 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 37 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly 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 use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.

The unauthorized use of Global Finance Logos is strictly prohibited.

Global Finance magazine has released the names of Central Bank Governors who earned the highest grades, “A+”, “A” or “A-”, in the Central Banker Report Cards 2024. The full Central Banker Report Cards 2024 grade list will appear in Global Finance’s October print and digital editions as well as online at GFMag.com.

The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of nearly 100 key countries, territories and districts, as well as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.

Grades are based on an “A+” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. (“A” represents an excellent performance, down through “F” for outright failure.)

“Central bankers have waged war against inflation over the past few years, wielding their primary weapon: higher interest rates. Now, countries around the world are witnessing the tangible results of these efforts, as inflation has dropped significantly,” said Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards honor those bank leaders whose strategies outperformed their peers through originality, creativity and tenacity.”

Denmark Christian Kettel Thomsen

India Shaktikanta Das  

Switzerland Thomas Jordan

Brazil Roberto Campos Neto

Chile Rosanna Costa

Mauritius Harvesh Kumar Seegolam

Morocco Abdellatif Jouahri

South Africa Lesetja Kganyago

Sri Lanka Nandalal Weerasinghe

Vietnam Nguyen Thi Hong

Cambodia Chea Serey

Canada Tiff Macklem

Costa Rica Roger Madrigal Lopez

Dominican Republic Héctor Valdez Albizu

European Union Christine Lagarde

Guatemala Alvaro Gonzalez Ricci

Indonesia Perry Warjiyo

Jamaica Richard Byles

Jordan Adel Al-Sharkas

Mongolia Byadran Lkhagvasuren

Norway Ida Wolden Bache

Peru Julio Velarde Flores

Philippines Eli Remolona

Sweden Erik Thedéen 

USA Jerome Hayden Powell

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

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories. Global Finance’s audience 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 37 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly 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 use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.

The unauthorized use of Global Finance Logos is strictly prohibited.

Global Finance has announced the Round One winners for the 2024 World’s Best Digital Bank Awards. 

The press release linked at the bottom of the page cover the Best Islamic Digital Banks.

Also being announced are the 2024 winners for:

• Best Corporate/Institutional Digital Banks by Regional Sub-category and by individual Country, Territory and District

• Best Corporate/Institutional Digital Bank Subcategory Winners by Country, Territory and District

• Best Consumer Digital Banks by Regional Sub-category and by individual Country

• Best Consumer Digital Bank Subcategory Winners by Country, Territory and District

This is the 25th year Global Finance has named the World’s Best Digital Banks. Details on all Round One winners will be published in the September print and digital editions as well as online at GFMag.com. 

Round One winners are eligible for consideration in Round Two. Round Two honorees, which include the overall Regional and Global winners, and the Global Sub-category winners, will be revealed for the first time at Global Finance’s 2024 World’s Best Digital Banks Awards Ceremony on October 1 at London’s landmark Banking Hall. A full report on the Round Two winners and the awards ceremony will be published in December.

Winners were chosen from entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing. The editors of Global Finance were responsible for the final selection of all winners.

Only banks that entered the competition were considered for awards, and awards were only given in those categories, regions, countries, territories and districts in which there were entries.

Winning banks were selected based on the following criteria: strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality. Sub-category winners were selected based on the relative strength and success of those web products and services.

“The rapid advancements in fintech, the rise of digital currencies, and the increasing importance of cybersecurity are continually redefining the benchmarks for exceptional digital banking services,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance’s Best Digital Bank Awards celebrate the financial institutions that are leading the way with innovative digital solutions and setting new standards in the industry.”

Global Finance has announced the Round One winners for the 2024 World’s Best Digital Bank Awards. 

The press releases linked at the bottom of the page cover the Best Consumer Digital Bank Sub-category winners by Country, Territory and District.

Also being announced are the 2024 winners for:

• Best Corporate/Institutional Digital Banks by Regional Sub-category and by individual Country, Territory and District

• Best Corporate/Institutional Digital Bank Subcategory Winners by Country, Territory and District

• Best Consumer Digital Banks by Regional Sub-category and by individual Country, Territory and District

• Best Islamic Digital Banks

This is the 25th year Global Finance has named the World’s Best Digital Banks. Details on all Round One winners will be published in the September print and digital editions as well as online at GFMag.com. 

Round One winners are eligible for consideration in Round Two. Round Two honorees, which include the overall Regional and Global winners, and the Global Sub-category winners, will be revealed for the first time at Global Finance’s 2024 World’s Best Digital Banks Awards Ceremony on October 1 at London’s landmark Banking Hall. A full report on the Round Two winners and the awards ceremony will be published in December.

Winners were chosen from entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing. The editors of Global Finance were responsible for the final selection of all winners.

Only banks that entered the competition were considered for awards, and awards were only given in those categories, regions, countries territories and districts in which there were entries.

Winning banks were selected based on the following criteria: strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality. Sub-category winners were selected based on the relative strength and success of those web products and services.

“The rapid advancements in fintech, the rise of digital currencies, and the increasing importance of cybersecurity are continually redefining the benchmarks for exceptional digital banking services,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance’s Best Digital Bank Awards celebrate the financial institutions that are leading the way with innovative digital solutions and setting new standards in the industry.”