Sunday, January 16, 2011

WORLD'S BEST TRADE FINANCE BANKS

WORLD'S BEST TRADE FINANCE BANKS

Trade Finance is the science that describes the management of money, banking, credit, investments, and assets for international trade transactions. Companies involved with trade finance include importers and exporters, financiers, insurers, and other service providers.

Global Finance selects the leaders in a specialized area of finance that is changing rapidly.
Global trade finance has become an extremely competitive business, mainly suitable for financial institutions with economies of scale or special expertise. Most international trade is now done on an open-account basis, as corporations have come to know their suppliers better and are less willing to pay the fees associated with letters of credit (LCs) and other forms of bank guarantees.


The list below describes the banks which are awarded the BEST TRADE FINANCE BANKS in different regions;



   AmericasCitigroup
   EuropeABN Amro
   Central and Eastern EuropeRZB
   Middle EastNational Bank of Kuwait
   AsiaHSBC
   ArgentinaCitigroup
   AustraliaANZ
   AustriaRZB
   BahrainArab Banking Corporation
   BelgiumFortis Bank
   BrazilBanco do Brasil
   CanadaScotiabank
   ChinaBank of China
   ColombiaBanco de Bogotá
   EgyptCommercial International Bank (CIB)
   FinlandNordea
   FranceBNP Paribas
   GermanyDeutsche Bank
   GreeceEFG Eurobank
   Hong KongHSBC Holdings
   IndiaICICI Bank
   IndonesiaBank Danamon Indonesia
   ItalyBanca Intesa
   JapanMitsubishi UFJ Financial Group
   JordanJordan Kuwait Bank
   KazakhstanKazkommertsbank
   KuwaitNational Bank of Kuwait
   MexicoBanamex
   NetherlandsABN Amro
   NigeriaFirst Bank of Nigeria
   NorwayDnB NOR
   OmanBankMuscat
   PakistanMCB
   PolandBank BPH
   PortugalMillennium bcp
   QatarQatar National Bank
   RussiaInternational Moscow Bank
   Saudi ArabiaArab National Bank
   SingaporeDBS
   South AfricaStandard Bank
   South KoreaKorea Exchange Bank
   SpainGrupo Santander
   SwedenSvenska Handelsbanken
   SwitzerlandCredit Suisse Group
   TaiwanChinatrust Commercial Bank
   TurkeyAkbank
   United KingdomHSBC
   United StatesCitigroup
   Us (Honorable Mention)Bank of America
   Us (Honorable Mention)JPMorgan Chase
   VenezuelaBanco Mercantil

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