GTR Reveals Leaders in Trade 2014

Published on 02.December.2014 – Two months ago GTR called all companies that read the magazine and attend GTR events to vote in GTR’s annual Leaders in Trade awards.

The voters have been asked to tell which financial institutions are the best internationally.

Best Global Trade Finance Bank:

• First place: HSBC
• Runner-up: Citi

Best Global Export Finance Bank:

• First place: Société Générale
• Runner-up: HSBC

Best Global Commodity Finance Bank:

• First place: BNP Paribas
• Runner-up: ABN Amro

Best Global Structured Commodity Finance Bank:

• First place: ING
• Runner-up: Deutsche Bank

Best Trade Finance Bank in Latin America:

• First place: Santander
• Runner-up: BBVA

Best Trade Finance Bank in Asia:

• First place: Standard Chartered
• Runner-up: Bank of America Merrill Lynch

Best Trade Finance Bank in CEE:

• First place: Commerzbank
• Runner-up: Raiffeisen Bank

Best Trade Finance Bank in CIS:

• First place: Sberbank

Best trade finance bank in Australia and Pacific:

• First place: Westpac
• Runner-up: ANZ

Best Trade Finance Bank in the M.East & N.Africa:

• First place: HSBC
• Runner-up: FGB

Best Trade Finance Bank in Sub-Saharan Africa:

• First place: Standard Bank
• Runner-up: Barclays Africa

Best Trade Finance Bank in the Nordic Region:

• First place: SEB
• Runner-up: Nordea

Best Trade Finance Bank in North America:

• First place: JP Morgan
• Runner-up: Bank of America Merrill Lynch

Best Trade Finance Bank in Western Europe:

• First place: Deutsche Bank
• Runner-up: Crédit Agricole

Best Trade Finance Bank in the UK:

• First place: RBS
• Runner-up: Barclays

Best Islamic Trade Finance Bank:

• First place: Maybank
• Runner-up: ITFC

Best Development Bank in Trade:

• First place: Asian Development Bank
• Runner-up: African Development Bank

Best Alternative Trade Finance Provider:

• First place: Falcon Group
• Runner-up: Trade Finance Partners

Best Export Credit Agency:

• First place: UKEF
• Runner-up: EDC

Best supply chain finance bank:

• First place: Citi
• Runner-up: JP Morgan

Best Forfaiting House*:

• First place: LFC
• Runner-up: UniCredit

Best Factoring House*:

• First place: GE Capital
• Runner-up: Bibby Financial Services

Best Trade Outsourcing Bank*:

• First place: BNY Mellon
• Runner-up: Wells Fargo

Best Trade Finance Software Provider*:

• First place: China Systems
• Runner-up: Misys

Best Bank for Documentary Processing*:

• First place: Commerzbank
• Runner-up: RBS

Best Trade Credit and Political Risk Insurance Broker*:

• First place: BPL Global
• Runner-up: Arthur J Gallagher