INDONESIA

BEST FX BANK FOR CORPORATES & FIs

YEARBANKPHOTOS
2026 (16th consecutive win)Bank Mandiri
2025Bank Mandiri
2024Bank Mandiri
2023Bank Mandiri
2022Bank Mandiri
2021Bank Mandiri
2020Bank Mandiri
2019Bank Mandiri
2018Bank Mandiri
2017Bank Mandiri
2016Bank Mandiri
2015Bank Mandiri
2014Bank Mandiri
2013Bank Mandiri
2012Bank Mandiri
2011Bank Mandiri
2010Citi
2009Citi
2008Citi

BEST FX BANK FOR STRUCTURED HEDGING SOLUTIONS AND PROPRIETARY TRADING IDEAS

YEARBANKPHOTOS
2026 (7th win in 8 years)Bank Negara Indonesia
2025OCBC Bank Indonesia
2024 (6th consecutive win)Bank Negara Indonesia
2023Bank Negara Indonesia
2022Bank Negara Indonesia
2021Bank Negara Indonesia
2020Bank Negara Indonesia
2019Bank Negara Indonesia

BEST CORPORATE TREASURY SALES AND STRUCTURING TEAM

YEARBANKPHOTOS
2026 (8th consecutive win)Bank Negara Indonesia
2025Bank Negara Indonesia
2024Bank Negara Indonesia
2023Bank Negara Indonesia
2022Bank Negara Indonesia
2021Bank Negara Indonesia
2020Bank Negara Indonesia
2019Bank Negara Indonesia

BEST FX BANK FOR RETAIL CLIENTS

YEARBANKPHOTOS
2026Bank Negara Indonesia
2025Bank Negara Indonesia
2024Bank Central Asia
2023 (3rd consecutive win)Bank Rakyat Indonesia
2022Bank Rakyat Indonesia
2021Bank Rakyat Indonesia
2020Bank Mandiri
2019Bank Mandiri

BEST FX BANK FOR HEDGING REQUIREMENTS (CORPORATES & FIs)- CROSS CURRENCY SWAP (CCS), INTEREST RATE SWAP (IRS), FORWARD & OPTIONS

YEARBANKPHOTOS
2026Bank Mandiri
2025Bank Rakyat Indonesia
2024Bank Rakyat Indonesia
2023Bank Mandiri
2022Bank Central Asia
2021Bank Mandiri
2020Bank Mandiri

BEST FX BANK FOR HEDGING REQUIREMENTS (ONSHORE MIDDLE MARKET & SMEs) – CCS, IRS, FORWARD & OPTIONS

YEARBANKPHOTOS
2026PT Bank OCBC NISP Tbk
2025Bank Mandiri
2024Bank Rakyat Indonesia
2023Bank Central Asia
2022Bank Central Asia
2021Bank Mandiri

BEST FX BANK FOR STRUCTURED PRODUCTS: TREASURY YIELD ENHANCEMENTS

YEARBANKPHOTOS
2025 (4th win in 6 years)Bank Rakyat Indonesia
2024Bank Rakyat Indonesia
2023Bank Negara Indonesia
2022Bank Rakyat Indonesia
2021Bank Rakyat Indonesia
2020Maybank Indonesia

BEST FX BANK MONEY MARKET PRODUCTS

YEARBANKPHOTOS
2025Bank Rakyat Indonesia
2021Bank Rakyat Indonesia

BEST FX BANK FOR INTEREST RATES, FX RESEARCH AND MARKET COVERAGE

YEARBANKPHOTOS
2023Bank Central Asia
2022Bank Mandiri

BEST FX BANK FOR STRUCTURED PRODUCTS: COMMODITIES, CREDIT, FX, and MULTI-ASSET

YEARBANKPHOTOS
2026PT Bank OCBC NISP Tbk

BEST CORPORATE WITH A DYNAMIC TACTICAL HEDGING FX STRATEGY

YEARBANKPHOTOS
2026PT Perusahaan Listrik Negara

BEST SME WITH A DYNAMIC TACTICAL HEDGING FX STRATEGY

YEARBANKPHOTOS
2026PT Indo Prosperity International

BEST ONLINE FX PLATFORM: END-TO-END E-TRADING AND E-FX PLATFORM

YEARBANKPHOTOS
2025Bank Mandiri

BEST EMERGING ASIA CURRENCY FORECASTERS

YEARBANKPHOTOS
2022Bank Mandiri

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