TFR Excellence Awards 2013 - the winners revealed!

Awards | 11 June 2013

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Not only did we receive more than 500 votes, but additional evidence of trade finance in action on the ground has all helped reveal a medals table based on client feedback and actual trade flows

 

How the results were assessed

The final results take a 75% weighting of the votes cast and each was examined closely for eligibility. In a new development on previous years, the detail and quality of the testimonial comments in the open sections of the questionnaire gave weight to the voting - it was very helpful to see evidence of impacts and outcomes the nominated organisation had delivered.

The remaining 25% weighting was applied by the editor and was based feedback from the marketplace, engagement from the institutions nominated, observations of dealflow and general activity and reports on nominations gathered over the last 12 months.

Category changes

The category for export finance was changed to best financier for export credit agency finance deals. In other words which bank or alternative trade finance provider had, in the voter's opinion, made the best use of ECA guarantees? An important factor in this placing was also the work done by that financier in bringing the parties together and making the deal happen. So it is no surprise that the strong performers in TFR's Deals of the Year 2012 ECA section were dominated the podium.

Another category was also added to celebrate funders of SME exporters and importers.

The results

The table below lists those awarded first, second and third places, and the downloadable PDF in an easy-to-share format also details the highly commended organisations who managed to attract some votes - just not not enough to make it into the top three for that particular category. Full winner profiles will form a special focus in TFR's July/August edition and will appear in www.tfreview.com/awards at the end of July.

All of us here at TFR would like to take this opportunity to congratulate our winners and to thank the voters for taking the time to complete the questionnaire.

Final placings

Award Gold Silver Bronze
TFR Fellowship Award Pascal Lamy, WTO N/A N/A
Best Trade Bank in the World J.P. Morgan HSBC Citi
Best Bank in Structured Commodity Trade Finance Deutsche Bank ING Société Générale
Best Trade Bank in Metals and Mining ING Deutsche Bank Natixis
Best Trade Bank in Oil and Energy BNP Paribas Société Générale HSBC
Best Trade Bank in Soft Commodities Rabobank ABN AMRO HSBC
Most Innovative Trade Bank Standard Chartered J.P. Morgan Bank of America Merrill Lynch (BofAML)
Best Trade Bank in Africa Standard Bank Ecobank ABSA
Best Trade Bank in Latin America Santander BBVA BNY Mellon
Best Trade Bank in North America Citi Wells Fargo J.P Morgan
Best Trade Bank in Western Europe Deutsche Bank HSBC Société Générale
Best Trade Bank in Central and Eastern Europe UniCredit Raiffeisen Bank Commerzbank
Best Trade Bank in Russia and the CIS ING Deutsche Bank  Société Générale
Best Trade Bank in Asia Pacific HSBC Standard Chartered ANZ
Best Trade Bank in the Middle East HSBC Abu Dhabi Commercial Bank Standard Chartered
Best Local Trade Bank in Brazil Itaú Unibanco Banco do Brasil Banco Bradesco
Best Local Trade Bank in Russia and the CIS Sberbank Promsvyazbank VTB Bank
Best Local Trade Bank in India ICICI Bank Yes Bank Kotak Mahindra Bank
Best Local Trade Bank in China ICBC Bank of China China Merchants Bank
Best Bank for ECA-covered finance J.P. Morgan HSBC Citi
Best Export Credit Agency US Ex-Im Bank K-Sure Euler Hermes
Best Development Finance Institution International Finance Corporation (IFC) Asia Development Bank  (ADB) European Reconstruction and Development Bank (EBRD)
Best SME Financier  HSBC BNP Paribas UniCredit
Best Forfaiting Institution London Forfaiting Deutsche Forfait UniCredit
Best Factoring Institution FIM Bank Standard Chartered Barclays
Best Specialist Trade Finance Institution Falcon Group Texel Finance Bibby Financial Services
Best Bank Trade Services Provider Wells Fargo J.P. Morgan BNY Mellon
Best Non-Bank Trade Services Provider ICC Banking Commission SWIFT IBcontacts
Best Bank for Supply Chain Finance J.P Morgan Wells Fargo BNY Mellon
Best Online Trade Provider J.P. Morgan Standard Chartered ANZ
Best Technology Vendor Surecomp China Systems Misys
Best Trade Credit Underwriter Swiss Re Corporate Solutions ACE Beazley
Best Trade Credit Broker BPL Global Marsh Willis
Best Law Firm in Trade Finance Dentons ReedSmith Watson Farley & Williams/Clyde & Co

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