With so much of global growth focused on emerging markets, it pays to know the banks that are best positioned to provide funding and profit from growing wealth and development in these areas.
Recently, Global Finance Magazinereleased its rankings for the best emerging market banks, which is based on a survey of industry analysts, corporate executives and banking consultants. The criteria for "best" bank includes growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products. Although Global Finance notes that the environment remains "unusually challenging" for banks around the world, they contend that as customers are demanding "superior competence" from banks, these institutions are best positioned to deliver compared to competitors.
So what are the best banks in each regional emerging market? Click ahead to find out!
By Paul ToscanoPosted 26 March 2010