August 15, 2022

Global Finance takes pride in the integrity and value of its awards and rankings. The current conflict in Eastern Europe makes reliable award decisions impossible in countries directly involved in the war. Global Finance has decided to exclude Russia and Ukraine and foreign operations of banks and companies headquartered in those countries from current award programs until a conflict resolution is achieved.

This decision has so far impacted the 2022 Awards for Best Banks, The Innovators, Sustainable Finance, Best Digital Banks, and Best Sub-custodian Banks. It will also affect the 2023 SME Bank Awards and Private Bank Awards.

Global Finance’s editorial board will review the situation on a regular basis and announce any appropriate changes.