Despite the fallout from the global downturn continuing to make its presence felt, optimism is returning to many areas of the banking world. The Banker's Bank of the Year Awards celebrate the achievements of the most innovative, dedicated, creative, resilient and ambitious banks in each region of the world, and across 144 countries.
The past 12 months have been the worst in living memory for the finance industry, but such times of adversity are when banks and bankers earn their reputations. The Banker salutes the institutions that have managed the challenges the crisis presents with skill, courage and expertise.
The Banker’s Bank of the Year country awards acknowledge banks for the best overall performance in their country. Our global editorial team chose the winners based on analysis of the latest results and performance data provided by the banks through questionnaires plus a review of their strategic developments and overall achievements.
Banks around the world have achieved record profits and profitability for almost four years in a row as steady economic growth, especially in Asia, globalisation and the awakening of consumer finance in new markets continue to stimulate financial institutions. While uncertainties exist, the relatively benign environment is creating a bonanza for banks.