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Foreign Exchange

Cash management poll 2009: Among financial institutions which African ICMs do you use most?

...
Africa
Euro transactions
2009 2008 Bank Score
1 1 Citi 690
2 2 Deutsche Bank 268
3 3 HSBC 206
4 9= Standard Chartered 120
5 4 Commerzbank 116
6 14 Barclays 84
7 China Merchants Bank 64
8 6 Standard Bank 46
9 8 Société Générale 40
10 UniCredit 28
Dollar transactions
2009 2008 Bank Score
1 1 Citi 890
2 3 HSBC 244
3 12= Standard Chartered 186
4 2 Deutsche Bank 176
5= 8 Barclays 114
5= 4 JPMorgan 114
7 Bank of New York Mellon 70
8 11 Standard Bank 58
9= China Merchants Bank 56
9= 6 Wachovia Bank 56
Yen transactions
2009 2008 Bank Score
1 1 Citi 342
2 2 Bank of Tokyo-Mitsubishi UFJ 188
3 3= HSBC 104

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