With 2025 being yet another turbulent year across markets and economies, the FinanceAsia team invited banks, brokers, ratings agencies and other financial institutions to showcase their capabilities when supporting their clients.
The 30th edition of FA’s flagship awards celebrates those institutions that showed determination to deliver desirable outcomes, through the display of commercial and technical acumen, during the 12 months of 2025.
Congratulations to all of our winners in the South Asia markets.
Read on for details of the winners and finalists (entrants whose submissions were “Highly commended”. Full write-ups explaining the rationale behind winner selection will be published the Awards edition of FinanceAsia, with subsequent syndication online.
BANGLADESH – DOMESTIC
BEST BANK
City Bank
BEST DCM HOUSE
IDLC Investments
BEST ECM HOUSE
IDLC Investments
BEST INVESTMENT BANK
IDLC Investments
BEST M&A HOUSE
LankaBangla Investments
BEST SUSTAINABLE BANK
Infrastructure Development Company
INDIA – DOMESTIC
BEST BANK FOR SMEs
Axis Bank
BEST BANK FOR USE OF TECHNOLOGY
Axis Bank
BEST DCM HOUSE
Axis Bank
BEST ECM HOUSE
Axis Capital
BEST INVESTMENT BANK
Axis Capital
Highly Commended – JM Financial
BEST LENDER
Godrej Capital
BEST M&A HOUSE
JM Financial
Highly Commended – Pareto Capital Finance Private
BEST PRIVATE BANK
Axis Bank
BEST STRATEGIC INITIATIVE – NONBANK FINANCIAL INSTITUTIONS
Godrej Capital
MOST DEI PROGRESSIVE BANK
HDFC Bank
MOST INNOVATIVE USE OF TECHNOLOGY – BANKS
Axis Bank
MOST INNOVATIVE USE OF TECHNOLOGY – NONBANK FINANCIAL INSTITUTIONS
Godrej Capital
INDIA – INTERNATIONAL
BEST ECM HOUSE
Jefferies
BEST INTERNATIONAL RATINGS AGENCY
Fitch Ratings
BEST INVESTMENT BANK
Jefferies
BEST LENDER
HSBC
BEST M&A HOUSE
Jefferies
BEST PRIVATE BANK
HSBC Private Bank
BEST STRATEGIC INITIATIVE – BANKS
Standard Chartered Bank
BEST SUSTAINABLE BANK
MUFG Bank
BIGGEST SUSTAINABLE IMPACT – NONBANK FINANCIAL INSTITUTIONS
PIDG
PAKISTAN – DOMESTIC
BEST BANK
Allied Bank
BEST BANK FOR FINANCIAL INCLUSION
Mobilink Microfinance Bank
BEST BANK FOR LARGE CORP & MNCs
Habib Bank
BEST BANK FOR PUBLIC SECTOR CLIENTS
Habib Bank
BEST BANK FOR USE OF TECHNOLOGY
Mobilink Microfinance Bank
BEST BROKER
Arif Habib
BEST DCM HOUSE
Habib Bank
BEST DIGITAL BANK
Mobilink Microfinance Bank
BEST ECM HOUSE
Arif Habib
BEST INVESTMENT BANK
Habib Bank
Highly Commended – Arif Habib
BEST LENDER
United Bank
BEST M&A HOUSE
Habib Bank
BEST SUSTAINABLE BANK
Habib Bank
MOST DEI PROGRESSIVE BANK
Allied Bank
MOST INNOVATIVE USE OF TECHNOLOGY – BANKS
Allied Bank
SRI LANKA – DOMESTIC
BEST BANK
Commercial Bank of Ceylon
BEST BANK FOR SMEs
Commercial Bank of Ceylon
BEST BANK FOR USE OF TECHNOLOGY
Commercial Bank of Ceylon
BEST BROKER
Asia Securities
BEST ISLAMIC FINANCE HOUSE
Commercial Bank of Ceylon
BEST PRIVATE BANK
Commercial Bank of Ceylon
BEST RETAIL BANK
Commercial Bank of Ceylon
BEST SUSTAINABLE BANK
Commercial Bank of Ceylon
SRI LANKA – INTERNATIONAL
BEST BANK FOR LARGE CORP & MNCs
HSBC
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