Saturday, 22 February 2025

Global Excellence In Retail Finance Awards 2025 Programme

  • Nomination for the 24th Global Excellence in Retail Finance Awards 2025 is now open
  • Submission deadline is the 22 November 2024
  • Submission kit available online or by contacting smgaboy@tab.global

The Global Excellence in Retail Finance Awards Programme, which includes the Excellence in Retail Finance Awards and The Annual Digital Bank Awards, is one of the most established awards of its kind, recognising exceptional innovation, leadership, management, and performance in the sector.

Since its inception in 2001, this well-respected programme has recognised leading financial institutions worldwide that are dedicated to building a sustainable and profitable retail finance franchise and to meeting customer needs above and beyond its peers. It is also the most rigorous and transparent awards programme for retail financial services.

The programme evaluates banks and non-bank institutions on a global, regional, and country level through a comprehensive evaluation process, covering more than 60 different award categories. The programme will be held in Tokyo, Japan in February 2025.

We continue to align our awards programme with the four major megatrends that will define the global retail finance industry for the next decade: personalisation at scale, new forms of customer engagement, embedded and inclusive finance, and the externalisation of financial services through open banking. These trends are bolstered by dramatic advancements in areas such as DeFi and blockchain, generative AI, contactless payments, cloud computing, and, increasingly, IoT and quantum computing.

The programme also recognises outstanding individual leaders in the category ‘Retail Finance Person of the Year’ on both a global and regional level, as well as Digital Finance Person of the Year for financial technology companies and digital banks. These are the only individual awards offered by this programme. Very few candidates will ever qualify for these prestigious awards, which acknowledge significant career achievements.

We also consider consumer perception surveys such as BankQuality, which surveys customers about their experiences with retail finance service providers and incorporate customer-derived net promoter score-based ratings into the winner evaluation and selection process.

Please contact Ms.Sheena Marie Gaboy at smgaboy@tab.global if you are interested in participating in this global programme.

Scope of Award

Global Excellence in Retail Finance Awards 2025

Financial institutions from around the world can choose to apply across more than 70 different award categories. These awards are open to banks, non-bank financial institutions, financial technology companies, marketplace lenders and other alternative players from Asia Pacific, Middle East and Africa, Europe, North and South America. The awards for the TAB Global Excellence in Retail Financial Services Awards 2025 will be announced between the 6th and 10th of January 2025.

Retail Finance Institution Awards

These awards are open to banks, non-bank financial institutions, financial technology companies, marketplace lenders, and other alternative players. They recognise institutions that have excelled on both a global and regional scale, standing out from their peers.

Global Excellence Awards in Retail Finance

These awards recognise global leadership in retail finance, highlighting institutions that demonstrate exceptional innovation, customer experience, and performance on an international scale.

  1. 1. Worlds’ Best Retail Bank
  2. 2. Worlds’ Best SME Bank
  3. 3. World’s Best Financial Platform
  4. 4. World’s Best Digital Bank
  5. 5. World’s Best Wealth Management Bank (Affluent Banking)
  6. 6. World’s Best Digital Asset Exchange (Retail Investors)
Regional Excellence Awards in Retail Finance

These awards recognise leadership across various regions, selecting the best financial institution in Asia-Pacific, the Middle East, Europe, Africa, South America, and North America.

  1. 1. Best Retail Bank
  2. 2. Best SME Bank
  3. 3. Best Financial Platform
  4. 4. Best Digital Bank
  5. 5. Best Wealth Management Bank (Affluent Banking)
  6. 6. Best Digital Asset Exchange (Retail Investors)
Country and Territory Excellence Awards in Retail Finance

These awards recognise leadership within individual countries and territories across Asia-Pacific, the Middle East, Europe, Africa, South America, and North America.

  1. 1. Best Retail Bank
  2. 2. Best SME Bank
  3. 3. Best Financial Platform
  4. 4. Best Digital Bank
  5. 5. Best Wealth Management Bank (Affluent Banking)
  6. 6. Best Digital Asset Exchange (Retail Investors)

Retail Finance Product and Service Awards

These awards are open to banks, non-bank financial institutions, fintech companies, marketplace lenders, and other alternative players. They recognise institutions that outperform their peers at both country and regional levels.

  1. 1. Best Home Loan Financing
  2. 2. Best Automobile Financing
  3. 3. Best Deposit Product
  4. 4. Best Credit Card for Travelers
  5. 5. Best Credit Card for Cash Back
  6. 6. Best Credit Card for HNWI
  7. 7. Best Credit Card for SMEs
  8. 8. Best Financial Advisory Service
  9. 9. Best Asset/Fund Management Product
  10. 10. Best Travel Insurance Product
  11. 11. Best Personal Health Insurance Product
  12. 12. Best Life Insurance Product (Permanent)
  13. 13. Best Endowment Insurance Product
  14. 14. Best Retirement/Pension Plans
  15. 15. Best Retirement Planning Service
  16. 16. Best Consumer Cross-Border Remittance Service
  17. 17. Best Cross Border Remittance Service for MSMEs
  18. 18. Best Foreign Exchange Service
  19. 19. Best Merchant Service
  20. 20. Best Financial Inclusion Initiative
  21. 21. Best Sustainable Banking Initiative or Product
  22. 22. Best Green Finance Initiative
  23. 23. Best Green Financial Lifestyle Initiative

Retail Finance Digital And Frictionless Awards

These awards are open to banks, non-bank financial institutions, financial technology companies, marketplace lenders, and other alternative players. They recognise institutions that excel beyond their peers at both the country and regional levels.

  1. 1. Best Generative AI Application in Retail Banking
  2. 2. Best Personalisation Initiative
  3. 3. Best Digital Currency Initiative
  4. 4. Best Big Data and Analytics Initiative
  5. 5. Best Retail DeFi Initiative
  6. 6. Best Open Banking Initiative
  7. 7. Best Embedded Finance Initiative
  8. 8. Best Digital Ecosystem and Platform Initiative
  9. 9. Best Digital Wealth Management Platform Initiative
  10. 10. Best Growth Strategy in Digital Banking
  11. 11. Best Gamification Strategy in Retail Banking
  12. 12. Best Innovative Retail Banking Partnership
  13. 13. Best New Product Launch Strategy
  14. 14. Best Mobile Banking Service
  15. 15. Best Digital Wallet
  16. 16. Best Real Time Payments Initiative
  17. 17. Best Digital Payments Initiative
  18. 18. Best Digital Savings Innovation
  19. 19. Best Digital Account Opening
  20. 20. Best Social Media Engagement Initiative
  21. 21. Best Digital Brand Campaign
  22. 22. Best Chatbot/Smart Voice Banking Service
  23. 23. Best Robo-Advisory Service
  24. 24. Best Digital Consumer Lending Service
  25. 25. Best Digital SME Financing
  26. 26. Best Digital Credit Evaluation Initiative
  27. 27. Best Productivity, Automation and Efficiency Initiative
  28. 28. Best Customer Experience Initiative
  29. 29. Best Omni Channel Integration Initiative
  30. 30. Best Customer Loyalty/Rewards Initiative
  31. 31. Best Anti-Fraud Consumer Initiative
  32. 32. Best Branch Banking Inititative
  33. 33. Best Digital Employee Engagement Initiative
BankQuality Consumer Survey Awards

The BankQuality™ Consumer Survey (BQS) and Rankings is a digital platform that collects customer feedback across 11 markets in Asia-Pacific, measuring their engagement, experience, and satisfaction with retail financial services, with a focus on services, channels, and products.