Global Finance magazine, in their yearly exclusive survey, has just announced the World’s Best Emerging Markets Banks for 2013. Winners are assessed and selected by Global Finance editors, industry analysts, corporate executives and banking consultants. Decisions are based on growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.
Included in this report are the best emerging markets banks in Africa. 29 banks were chosen from the continent and according to Joseph Giarraputo, publisher of Global Finance, “These are the banks that are providing best-in-class solutions for these distinctive markets.” The winning banks are as follows:
| Country | Bank |
|---|---|
| Algeria | Arab Banking Corporation Algeria |
| Angola | Banco Espírito Santo Angola |
| Botswana | Standard Chartered Bank Botswana |
| Burkina Faso | Ecobank Burkina Faso |
| Cameroon | United Bank for Africa (Cameroon) |
| Côte d’Ivoire | Ecobank Côte d’Ivoire |
| DRC | Standard Bank Congo |
| Djibouti | International Commercial Bank (Djibouti) |
| Ethiopia | Nib International Bank |
| Gambia | Standard Chartered Bank Gambia |
| Ghana | Ecobank Ghana |
| Guinea | Ecobank Guinea Conakry |
| Kenya | Barclays Bank of Kenya |
| Madagascar | Bank of Africa-Madagascar |
| Mali | Bank of Africa-Mali |
| Mauritius | Mauritius Commercial Bank |
| Morocco | Attijariwafa Bank |
| Mozambique | Millennium bim |
| Namibia | Standard Bank Namibia |
| Nigeria | FirstBank of Nigeria |
| Rwanda | Banque Commerciale du Rwanda |
| Senegal | United Bank for Africa (Senegal) |
| Sierra Leone | International Commercial Bank (Sierra Leone) |
| South Africa | Standard Bank |
| Togo | Ecobank Togo |
| Tunisia | Banque Internationale Arabe de Tunisie |
| Uganda | Stanbic Bank Uganda |
| Zambia | Standard Chartered Bank Zambia |
| Zimbabwe | Standard Chartered Bank Zimbabwe |
The report also includes best banks in Latin America, Central & Eastern Europe, Asia-Pacific and the Middle East. “Each region and individual country presents unique challenges for banks and their customers, especially under the difficult conditions global financial markets continue to face,” says Giarraptuto. “For this reason, customers must depend on excellence in execution from their banking partners.” The survey will be published in the May 2013 issue of the magazine and an Awards Ceremony for all winners will be conducted at the same time as the World Bank/IMF Meetings on Saturday, October 12, 2013 at The National Press Club in Washington, DC.
