BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following bank has been named the world’s best bank by Global Finance magazine, in a reflection of its ability to invest in digital innovation while still maintaining stable operations for its customers?
A
DBS Bank
B
Standard Chartered
C
HSBC
D
Sberbank of Russia
Explanation: 

Detailed explanation-1: -DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact.

Detailed explanation-2: -#1 Nubank. Launched in 2013 as a direct reaction to the undeserving, over-charging incumbent banks of Brazil, Nubank was founded by David Velez, Cristina Junqueira and Edward Wible, having since grown to become the most successful digital bank to date.

Detailed explanation-3: -We thank all our customers, employees and other stakeholders who helped SBI win the Best Bank-India Award 2022 from Global Finance.

There is 1 question to complete.