Global Finance has selected Nordea as the Best Bank in Denmark 2019. This prestigious award continues a great start to the year for award wins, following on from nine separate awards at the recent Global Finance Treasury and Cash Management awards.
In selecting the top banks for 2019, Global Finance magazine considered a range of factors including growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.
Joseph D. Giarraputo, publisher and editorial director of Global Finance, says: “What it takes to rank among the world’s best banks is increasingly difficult to deliver. Customer expectations of financial services providers has never been higher—tailored products delivered in real time with complete security.”
Erik Zingmark, Head of Transaction Banking, says: “These awards are fantastic recognition that the daily efforts we are making to transform the bank are paying off. I am very proud of the things we have accomplished in 2018 and into 2019. Right across the bank and along the value chain, from the development of our range of digital offerings to supporting and advising customers, we are definitely moving in the right direction. There is still a lot of work to do but it’s nice to take an occasional pause and reflect on this very positive feedback.”
Global Finance publishes a monthly magazine that has existed since 1987 and its awards have become a recognised and trusted standard of excellence. A full report on the winning banks will appear in the May issue of Global Finance.
Big wins for Nordea Cash Management and Trade Finance
Nordea was also recently awarded its first ever global award from Global Finance magazine for the ‘Best Application of Blockchain Technology in Treasury Management’ at the annual Best Treasury and Cash Management Awards 2019. In the most successful awards announcement ever, Nordea won three national titles for ‘The Best Treasury and Cash Management Provider’, as well as Nordic wins for ‘The Best Bank for Cash Management’, ‘The Best Bank for Liquidity Management’ and ‘The Best Bank for Payments and Collections’. ‘The Best Provider of Short-Term Investments/Money Market Funds’ in Western Europe was also added to the success to make a total of 9 award wins. You can read more about the Global Finance Best Treasury and Cash Management Awards 2019 here.
Earlier in the year, at the annual ‘World’s Best Trade Finance Providers 2019’ awards, also organised by Global Finance magazine, Nordea was recognised as the best bank in the Nordic region for Trade Finance. You can read more about that award win here.