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.”

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 Banks by Regional Sub-category and by individual 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 Sub-category winners by Country, Territory and District

• Best Consumer Digital Bank Sub-category winners by 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.”

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

• Best Consumer Digital Bank Sub-category winners by 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.”

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

Also being announced are the 2024 winners for:

• Best Corporate/Institutional Digital Bank Sub-category winners by Country, Territory and District

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

• Best Consumer Digital Bank Sub-category winners by 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.”

Global Finance has announced selections for the World’s Best Financial Innovation Labs as part of The Innovators 2024. A full report on the results will be published in the September print and digital editions, as well as online at GFMag.com.

Now in its seventh year, the Best Financial Innovation Labs annual report on the leading players and emerging trends in fintech innovation has become a valuable and trusted resource. It recognizes the leading labs run by financial services companies (internal and external), venture capitalists, economic development organizations and independent entities.

“With the acceleration of digital transformation, the integration of blockchain technology, and the rise of decentralized finance, innovation in the financial sector is more critical than ever,” said Joseph Giarraputo, publisher and editorial director of Global Finance. “The institutions recognized as Global Finance’s Best Financial Innovation Labs 2024 exemplify excellence by pushing the boundaries and creating impactful solutions that address today’s complex financial challenges.”

The Innovators 2024 is Global Finance’s twelfth annual awards competition honoring organizations at the vanguard of new ideas, products and services in the financial sector. In the June 2024 issue, Global Finance honored the Most Innovative Banks and Fintechs, Top Global Innovations in Finance, and Top Innovations in Finance by Category. In past years, these awards and the World’s Best Financial Innovation Labs both appeared in the June issue. They have been separated this year to give each program additional attention as stand alone awards. 

All selections were made by the editorial board of Global Finance with the input of reporters who are experts on the functions being served by these innovators. Entries were not required for consideration, but submissions from banks, consultants and other organizations were carefully considered as part of the decision process.

The list of Global Finance’s World’s Best Financial Innovation Labs 2024 follows.

The winning organizations listed in the tables above are presented alphabetically within each category and are not ranked.

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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.

Issued: June 10, 2024 – (Updated July 11, 2024 – Please note: The original distribution of this press release had an incorrect winner listed for Colombia. It has been corrected here.)Global Finance has announced its selections for the 22nd annual Best Sub-custodian Bank Awards in seven regions and 83 countries, territories & districts. A full report on the selections will appear in the July/August print and digital editions of Global Finance as well as online at GFMag.com.

Global Finance’s editorial board considered market research, input fromexpert sources and entries from banks to select the institutions that reliably provide the best services in local markets and regions. The criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices. Global Finance also obtained input from users of sub-custody services. Performance was judged over the period covering January 1, 2023 through December 31, 2023.

“The sub-custodian banking sector is dealing with digital transformation and cybersecurity issues while consolidating services to meet regulatory demands and client expectations,” said Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s Best Sub-custodian Bank Awards recognizes organizations that are aiming to improve global coverage and operational efficiency in the industry.”

The list of winners of Global Finance’s Best Sub-custodian Bank 2024 Awards follows.

###

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 released the rankings for its 24th annual Best Treasury & Cash Management Banks awards for 2024. A full report on this exclusive survey will be published in the July/August 2024 print and digital editions as well as online at GFMag.com. 

Global Finance has selected the World’s Best Bank for Transaction Banking and the World’s Best Bank for Cash Management, along with eight other global awards.Winners have also been chosen in 71 countries, territories and districts, as well as regionally across multiple categories in Africa, Asia-Pacific, Central and Eastern Europe, Latin America, the Middle East, North America and Western Europe, and in six US Regions. Global Finance also announced the Best Treasury Management Systems & Services Providers in a separate press release available on GFMag.com.

Global Finance used a multi-tiered assessment process—which included entries from banks and providers and input from industry analysts, corporate executives, technology experts and independent research—to select the best providers of treasury and cash management services. A variety of subjective and objective criteria were considered, including: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.

“Navigating the flurry of innovations and technological changes that are transforming treasury and cash management will require the top banking and management systems,” said Joseph D. Giarraputo, founder and editorial director of Global Finance. “Our Treasury and Cash Management awards honor the organizations that best help their clients to handle these changing times.”

The list of Global Finance’s World’s Best Treasury & Cash Management Banks for 2024 follows.

###

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 released the results for the 2024 World’s Best Treasury & Cash Management Systems and Services Awards. This program is part of the 24th annual World’s Best Treasury & Cash Management  Providers awards, and a full report on the entire survey will be published in the July/August 2024 print and digital editions and online at GFMag.com. 

Global Finance used a multi-tiered assessment process—which included entries from banks and providers and input from industry analysts, corporate executives, technology experts and independent research—to select the treasury & cash management systems and services. A variety of subjective and objective criteria were considered, including profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which organizations have successfully differentiated themselves from their competitors around core service provision.

“Navigating the flurry of innovations and technological changes that are transforming treasury and cash management will require the top banking and management systems,” said Joseph D. Giarraputo, founder and editorial director of Global Finance. “Our Treasury and Cash Management awards honor the organizations that best help their clients to handle these changing times.”

The list of Global Finance’s World’s Best Treasury & Cash Management Systems & Services Awards 2024 follows.

###

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.