Bank of America is the world’s best bank for SMEs for the second year in a row, proving that global scale and local specialisation work hand in hand. The bank’s Global Commercial Banking (GCB) division combines the personalised coverage of a local relationship bank with the balance sheet, technology, sector expertise and international reach of a global financial institution.
BofA’s edge is especially important for SMEs and mid-sized companies whose needs increasingly resemble those of large corporates: cross-border payments, foreign exchange, liquidity management, M&A advice, digital treasury connectivity and access to specialist industry knowledge.
“Geopolitical uncertainty, shifting trade policies and supply chain disruptions create complexity for companies looking beyond their home markets, says Wendy Stewart, president, global commercial bank.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
