Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging market bank in the region and in 22 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

This is the seventeenth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Asia, the Middle East and Africa, Latin America, and Central and Eastern Europe.

"We remain in an unusually challenging environment for banks and their customers," said Joseph Giarraputo, publisher of Global Finance.

"More than ever, customers are demanding superior competence from their banking partners. These are the banks best providing that competence."

Source: Portfolio Online Financial Journal