Bank of America Merrill Lynch Named 2013 Best Global Small and Medium Size Enterprises Finance House
Bank of America Merrill Lynch Named 2013 Best Global Small and Medium Size Enterprises Finance House by Euromoney Magazine
Company Also Wins in Five Other Categories in Annual "Awards for Excellence"
NEW YORK--(BUSINESS WIRE)-- As part of its Awards for Excellence 2013, Euromoney magazine has named Bank of America Merrill Lynch Best Global Small and Medium Size Enterprises (SME) Finance House. This year marks the first time the publication has introduced the SME award category. The awards are determined by Euromoney'seditorial staff.
In addition to Best SME Finance House, Bank of America Merrill Lynch received the following five awards from Euromoney:
Best Cash Management House in North America (third consecutive year).
Best Debt House in North America.
Best Equity House in the United Kingdom.
Best Investment Bank in Colombia.
Best Equity House in Korea.
"We are honored to receive these awards and appreciate this recognition of our hard work and dedication to meeting the financing needs of small and medium-sized enterprises," said Alastair Borthwick, head of Global Commercial Banking at Bank of America Merrill Lynch. "As more and more of these companies explore overseas markets for greater growth, BofA Merrill is well-equipped to support their expansion goals with credit, treasury, FX and global investment banking advice and services."
For SME clients with revenues of $50 million to $2 billion, BofA Merrill provides comprehensive lending and global transaction services, including liquidity management, payments and receipts, trade and supply chain finance, foreign exchange, commercial card services and custody/agency services.
The awards were presented July 11 at a ceremony in London.
Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We serve approximately 52 million consumer and small business relationships with approximately 5,400 retail banking offices and approximately 16,300 ATMs and award-winning online banking with 30 million active users and more than 13 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYS: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated, which is a registered broker-dealer and member of FINRA and SIPC, and, in other jurisdictions, a locally registered entity. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.
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Reporters May Contact:
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