Our 25th annual survey of Asia-Pacific’s top FX services providers received 2,499 valid individual responses from senior treasury, financial and management officials based in the region; the responses came from 394 financial institutions and 1,897 non-financial corporates.
In the financial institutions section of the poll CIMB, OCBC and Deutsche Bank make impressive improvements, while ANZ drops to third from first.
However, the Australian bank shines in the corporates poll, jumping three places to claim the top spot this year. Standard Chartered also advances, while last year’s winner Citi swaps positions with ANZ and goes to fourth place.
| Best for overall FX services |
||||||
| 2015 |
2014 |
- as voted by financial institutions |
|
2015 |
2014 |
- as voted by corporates |
| 1 |
2 |
CIMB |
|
1 |
4 |
ANZ |
| 2 |
3 |
OCBC |
|
2 |
2 |
HSBC |
| 3 |
1 |
ANZ |
|
3 |
5 |
Standard Chartered |
| 4 |
- |
Credit Agricole |
|
4 |
1 |
Citi |
| 5 |
8 |
Deutsche Bank |
|
5 |
3 |
Deutsche Bank |
There is stability among the domestic market ranks, with ANZ, Standard Chartered, Bank Permata, CIMB, BIDV and others successfully retaining their top positions in their respective markets.
| Best domestic providers of FX services |
||
| As voted by financial institutions |
|
As voted by corporates |
| ANZ |
Australia |
ANZ |
| N.A. * |
China |
Bank of China |
| Standard Chartered |
Hong Kong |
HSBC |
| Bank Permata |
Indonesia |
Bank Permata |
| N.A. |
Korea |
KEB |
| CIMB |
Malaysia |
CIMB |
| N.A. |
The Philippines |
RCBC |
| OCBC |
Singapore |
OCBC |
| N.A. |
Taiwan |
Hua Nan Bank |
| Siam Commercial Bank |
Thailand |
Kasikornbank |
| BIDV |
Vietnam |
BIDV |
*N.A. = Not enough responses
For the detailed results, rankings and an editorial review of the FX Poll 2015, please see the September edition of Asiamoney magazine. Rankings will also be available online at www.globalcapital.com/asia
For further information regarding the full or bespoke analytical poll results, please contact Anthony Chan, Head of Research, on (852) 2912 8077 or anthony.chan@asiamoney.com or Gareth Fox, Head of Sales, Gareth.fox@asiamoney.com