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Foreign Exchange

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

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Middle East
Euro transactions
2009 2008 Bank Score
1 2 HSBC 1096
2 1 Citi 1076
3 3 Deutsche Bank 556
4 4 Commerzbank 452
5 6 Standard Chartered 230
6= 10= Barclays 74
6= 19 UniCredit 74
8 8 Dresdner Bank/ Dresdner Kleinwort 60
9= Arab Bank 52
9= 7 BNP Paribas 52
Dollar transactions
2009 2008 Bank Score
1 1 Citi 1660
2 2 HSBC 1320
3 3 JPMorgan 328
4 4 Deutsche Bank 312
5 5 Standard Chartered 276
6 Bank of New York Mellon 130
7 7 Wachovia Bank 112
8 10 BNP Paribas 60
9 RBS 46
10 13 Barclays 44
Yen transactions
2009 2008 Bank Score
1 1 Citi 660
2 2 HSBC 604
3 4 Bank of Tokyo-Mitsubishi UFJ 428

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