Foreign exchange poll 2014

Foreign exchange poll 2014 best for overall fx services as voted by financial institutions 1 1 ANZ 13.313 2 2 CIMB 12.931 3 OCBC 12.891 4 3 Citi 12.699 5 5 BNP Paribas 11.727 6 9 Standard Chartered 11.585 7 UOB 11.425 8 8 Deutsche Bank 11.389 9 10 HSBC 11.360 10 Bank of America Merrill Lynch 11.179 best for overall fx services as voted by corporates 1 1 Citi 166.605 2 2 HSBC 123.240 3 5 Deutsche Bank 123.193 4 4 ANZ 117.423 5 3 Standard Chartered 104.603 6 9 JP Morgan 77.796 7 7 BNP Paribas 75.410 8 6 CIMB 73.747 9 10 OCBC 60.103 10 8 DBS Bank 49.463 best overall fx strategist/economist Rank Analyst Firm % 1 Suresh Kumar Ramanathan CIMB 4.01 2 Helmi Arman Citi 3.04 3 Frances Cheung Credit Agricole 2.75 best overall fx research analyst Rank Analyst Firm % 1 Suresh Kumar Ramanathan CIMB 3.21 2 Jae-Chul Chang Citi 2.88 3 Rajinder Singh Jayar Singh CIMB 1.92 best overall fx sales individual Rank Analyst Firm % 1 Jessie Lim CIMB 1.88 2 Wandee Hemyusuk Citi 1.46 3 Precious Tan Citi 1.25

BEST DOMESTIC PROVIDERS OF FX SERVICES AS VOTED BY FINANCIAL INSTITUTIONS Australia ANZ China Hong Kong Standard Chartered India Indonesia Bank Permata Japan Mizuho Korea KEB Malaysia CIMB The Philippines Security Bank Singapore OCBC Taiwan Thailand Siam Commercial Bank Vietnam BIDV BEST DOMESTIC PROVIDERS OF FX SERVICES AS VOTED BY CORPORATES Australia ANZ China China Citic Bank Hong Kong HSBC India HDFC Indonesia Bank Danamon Japan Bank of Tokyo Mitsubishi UFJ Korea Malaysia CIMB The Philippines Security Bank Singapore OCBC Taiwan Fubon Thailand Kasikornbank Vietnam BIDV financial institutions fx poll 2014 best for fx products and services 1 1 ANZ 4.445 2 2 CIMB 4.353 3 5 OCBC 4.320 4 3 Citi 4.292 5 Maybank 4.083 6 7 Deutsche Bank 3.971 7 4 BNP Paribas 3.954 8 HSBC 3.873 9 10 Standard Chartered 3.854 10 Bank of America Merrill Lynch 3.822 best for fx options 1 2 ANZ 4.463 2 1 CIMB 4.273 3 OCBC 4.265 4 5 Citi 4.251 5 UOB 4.138 6 6 BNP Paribas 4.016 7 10 Standard Chartered 3.978 8 4 UBS 3.959 9 9 HSBC 3.723 10 Bank of America Merrill Lynch 3.601 best for fx research & market coverage 1 1 ANZ 4.405 2 OCBC 4.306 3 2 CIMB 4.305 4 Credit Agricole 4.222 5 3 Citi 4.156 6 5 Deutsche Bank 3.840 7 4 JP Morgan 3.800 8 HSBC 3.764 9 6 BNP Paribas 3.757 10 10 Bank of America Merrill Lynch 3.756

Australia corporate fx poll 2014 1 3 Citi 11.290 2 5 Barclays 11.068 3 OCBC 10.650 4 2 HSBC 10.470 5 Mizuho 7.467 1 Citi 3.955 2 Mizuho 3.826 3 Barclays 3.699 4 OCBC 3.611 5 BNP Paribas 3.581 1 OCBC 3.639 2 Citi 3.619 3 Barclays 3.492 4 HSBC 3.290 1 Barclays 3.878 2 Citi 3.716 3 Mizuho 3.641 4 HSBC 3.622 5 JP Morgan 3.604 1 1 ANZ 11.353 2 3 CBA 10.909 3 4 NAB 10.646 4 2 Westpac 10.258 5 Macquarie 9.780 1 ANZ 3.826 2 CBA 3.607 3 NAB 3.481 4 Westpac 3.448 5 Macquarie 3.247 1 CBA 3.780 2 ANZ 3.746 3 NAB 3.686 4 Westpac 3.406 5 Macquarie 3.200 1 ANZ 3.781 2 CBA 3.522 3 NAB 3.479 4 Westpac 3.404 5 Macquarie 3.333 China 1 1 Citi 14.201 2 3 ANZ 13.489 3 BNP Paribas 12.555 4 5 Standard Chartered 12.470 5 4 HSBC 12.200 1 Citi 4.714 2 ANZ 4.494 3 Standard Chartered 4.381 4 Deutsche Bank 4.122 5 BNP Paribas 4.008 1 JP Morgan 4.691 2 Citi 4.684 3 Bank of America Merrill Lynch 4.560 4 ANZ 4.497 5 Standard Chartered 4.242 1 Citi 4.802 2 Bank of America Merrill Lynch 4.760 3 JP Morgan 4.689 4 ANZ 4.497 5 BNP Paribas 4.314 1 3 China Citic Bank 13.532 2 1 Bank of China 11.437 3 4 China Merchants Bank 10.495 4 2 China Construction Bank 9.235 5 Agricultural Bank of China 8.387 1 China Citic Bank 4.579 2 Agricultural Bank of China 4.108 3 Bank of Communications 3.944 4 Bank of China 3.766 5 China Construction Bank 3.568 1 China Citic Bank 4.591 2 Agricultural Bank of China 4.279 3 Bank of China 3.886 4 China Merchants Bank 3.735 5 China Construction Bank 2.895 1 China Citic Bank 4.362 2 Bank of China 3.784 3 China Merchants Bank 3.449 4 ICBC 3.431 5 China Construction Bank 2.772

Hong Kong 1 2 Citi 13.506 2 1 China Citic Bank 13.314 3 3 ANZ 12.893 4 Bank of America Merrill Lynch 12.557 5 Bank of China 11.462 1 Citi 4.511 2 China Citic Bank 4.367 3 ANZ 4.356 4 JP Morgan 4.056 5 Deutsche Bank 3.935 1 Citi 4.628 2 ANZ 4.484 3 China Citic Bank 4.433 4 Bank of America Merrill Lynch 4.214 5 Bank of China 3.692 1 Bank of America Merrill Lynch 4.543 2 China Citic Bank 4.514 3 Citi 4.367 4 ANZ 4.053 5 Bank of China 3.946 1 1 HSBC 12.307 2 2 Standard Chartered 11.283 1 HSBC 3.939 2 Standard Chartered 3.564 1 HSBC 4.261 2 Standard Chartered 3.917 1 HSBC 4.108 2 Standard Chartered 3.802 INDIA 1 BNP Paribas 12.532 2 1 Citi 12.525 3 5 HSBC 11.653 4 4 DBS Bank 11.340 5 3 RBS 11.224 1 Citi 4.402 2 Credit Agricole 4.277 3 BNP Paribas 4.182 4 HSBC 3.965 5 ING Group 3.806 1 BNP Paribas 4.157 2 RBS 4.097 3 Standard Chartered 4.012 4 HSBC 3.936 5 DBS Bank 3.824 1 Citi 4.309 2 BNP Paribas 4.193 3 JP Morgan 4.046 4 DBS Bank 3.764 5 HSBC 3.752 1 2 HDFC 11.281 2 1 ICICI 10.149 3 Kotak 9.484 4 3 State Bank of India 8.529 5 Axis Bank 2.644 1 HDFC 4.122 2 Kotak 3.535 3 State Bank of India 3.484 4 ICICI 3.111 1 HDFC 3.557 2 ICICI 3.545 3 State Bank of India 2.962 4 Kotak 2.829 1 HDFC 3.602 2 ICICI 3.493 3 Kotak 3.120 4 State Bank of India 2.084

INDONESIA 1 3 CIMB 14.782 2 2 OCBC 14.371 3 1 Citi 13.632 4 5 ANZ 12.864 5 Deutsche Bank 12.266 1 CIMB 4.797 2 OCBC 4.664 3 Citi 4.656 4 ANZ 4.346 5 JP Morgan 4.162 1 CIMB 4.854 2 OCBC 4.633 3 ANZ 4.243 4 Deutsche Bank 4.208 5 Citi 4.157 1 CIMB 4.832 2 OCBC 4.774 3 Citi 4.619 4 JP Morgan 4.382 5 ANZ 4.276 1 5 Bank Danamon 13.509 2 2 Bank Permata 12.555 3 1 Bank Central Asia 10.788 4 4 BNI 46 10.548 5 3 Bank Mandiri 10.036 1 Bank Danamon 4.465 2 Bank Permata 4.288 3 Bank Central Asia 3.521 4 BNI 46 3.483 5 Bank Mandiri 3.324 1 Bank Danamon 4.500 2 Bank Permata 4.216 3 BNI 46 3.542 4 Bank Central Asia 3.535 5 Bank Mandiri 3.267 1 Bank Danamon 4.544 2 Bank Permata 4.050 3 Bank Central Asia 3.732 4 BNI 46 3.523 5 Bank Mandiri 3.445 japan 1 Citi 13.368 2 CIMB 11.013 3 ANZ 3.923 1 Citi 4.265 2 ANZ 3.923 3 CIMB 3.636 1 Citi 4.684 2 CIMB 3.817 1 Citi 4.419 2 CIMB 3.560 1 Bank of Tokyo Mitsubishi UFJ 9.149 2 Mizuho 5.404 3 SMBC 2.782 1 Mizuho 3.098 2 Bank of Tokyo Mitsubishi UFJ 2.943 1 Bank of Tokyo Mitsubishi UFJ 3.052 2 Mizuho 2.306 1 Bank of Tokyo Mitsubishi UFJ 3.154

Korea 1 2 ANZ 14.396 2 1 Citi 13.899 3 Deutsche Bank 13.431 1 ANZ 4.773 2 Citi 4.667 3 Deutsche Bank 4.500 1 ANZ 4.753 2 Citi 4.674 3 Deutsche Bank 4.458 1 ANZ 4.871 2 Citi 4.558 3 Deutsche Bank 4.472 * Results not published due to insufficient data * Results not published due to insufficient data * Results not published due to insufficient data * Results not published due to insufficient data MALAYSIA 1 1 Citi 12.307 2 3 OCBC 12.015 3 4 Deutsche Bank 11.170 4 UOB 10.879 5 5 Standard Chartered 10.870 1 Citi 4.147 2 OCBC 4.104 3 JP Morgan 3.865 4 Deutsche Bank 3.793 5 UOB 3.743 1 Citi 4.117 2 OCBC 3.961 3 UOB 3.871 4 Standard Chartered 3.742 5 Deutsche Bank 3.670 1 Citi 4.044 2 OCBC 3.951 3 JP Morgan 3.869 4 Deutsche Bank 3.707 5 HSBC 3.623 1 1 CIMB 14.389 2 2 Hong Leong Bank 14.309 3 4 Maybank 10.802 4 3 Ambank 9.931 5 5 RHB 9.828 1 Hong Leong Bank 4.819 2 CIMB 4.751 3 Maybank 3.560 4 Ambank 3.437 5 RHB 3.277 1 CIMB 4.923 2 Hong Leong Bank 4.853 3 Maybank 3.699 4 RHB 3.421 5 Ambank 3.288 1 CIMB 4.716 2 Hong Leong Bank 4.637 3 Maybank 3.544 4 Ambank 3.207 5 RHB 3.130

the philippines 1 1 Citi 12.468 2 Deutsche Bank 11.635 3 3 HSBC 10.988 4 2 ANZ 10.924 5 ING Group 6.993 1 Citi 4.253 2 Deutsche Bank 3.825 3 BNP Paribas 3.767 4 ANZ 3.757 5 HSBC 3.702 1 Deutsche Bank 3.990 2 Citi 3.961 3 ANZ 3.708 4 HSBC 3.645 1 Citi 4.254 2 Deutsche Bank 3.821 3 HSBC 3.642 4 ANZ 3.459 5 ING Group 3.443 1 1 Security Bank 13.058 2 4 Bank of the Philippine Islands 11.516 3 2 RCBC 11.009 4 5 Metropolitan Bank & Trust Co. 10.656 5 3 Banco de Oro 10.643 1 Security Bank 4.375 2 Union Bank of the Philippines 4.020 3 RCBC 3.894 4 Bank of the Philippine Islands 3.851 5 Banco de Oro 3.776 1 Security Bank 4.417 2 Bank of the Philippine Islands 4.009 3 Metropolitan Bank & Trust Co. 3.655 4 Banco de Oro 3.345 5 RCBC 2.977 1 Security Bank 4.266 2 RCBC 4.138 3 Metropolitan Bank & Trust Co. 3.663 4 Bank of the Philippine Islands 3.656 5 Banco de Oro 3.522 singapore 1 2 Citi 12.401 2 4 CIMB 12.051 3 3 ANZ 11.818 4 Bank of America Merrill Lynch 11.107 5 Deutsche Bank 10.895 1 CIMB 4.297 2 Citi 4.228 3 ANZ 3.970 4 Bank of America Merrill Lynch 3.866 5 Barclays 3.717 1 Citi 4.093 2 ANZ 3.992 3 CIMB 3.869 4 Deutsche Bank 3.802 5 Bank of America Merrill Lynch 3.689 1 Citi 4.079 2 Maybank 3.947 3 CIMB 3.884 4 ANZ 3.857 5 Standard Chartered 3.759 1 1 OCBC 12.107 2 2 UOB 10.205 3 3 DBS Bank 10.148 1 OCBC 4.223 2 UOB 3.584 3 DBS Bank 3.462 1 OCBC 4.101 2 UOB 3.498 3 DBS Bank 3.230 1 OCBC 3.784 2 DBS Bank 3.456 3 UOB 3.123

Taiwan 1 1 Citi 13.221 2 2 ANZ 13.162 3 Deutsche Bank 13.093 4 Standard Chartered 12.443 5 JP Morgan 12.344 1 Citi 4.398 2 Standard Chartered 4.349 3 Deutsche Bank 4.330 4 ANZ 4.321 5 DBS Bank 4.201 1 Credit Agricole 4.543 2 ANZ 4.489 3 Deutsche Bank 4.475 4 Citi 4.365 5 JP Morgan 4.193 1 Citi 4.457 2 ANZ 4.352 3 Standard Chartered 4.301 4 Deutsche Bank 4.288 5 JP Morgan 3.955 1 Fubon 12.833 1 Fubon 4.227 1 Fubon 4.505 1 Fubon 4.101 thailand 1 2 CIMB 14.626 2 1 Citi 12.862 3 4 Standard Chartered 11.964 4 3 HSBC 11.374 5 Deutsche Bank 10.695 1 CIMB 4.904 2 Citi 4.511 3 Standard Chartered 3.949 4 HSBC 3.735 5 Deutsche Bank 3.696 1 CIMB 4.877 2 Citi 4.062 3 Standard Chartered 4.058 4 HSBC 3.796 5 Deutsche Bank 3.526 1 CIMB 4.844 2 Citi 4.289 3 Standard Chartered 3.957 4 HSBC 3.843 5 BNP Paribas 3.488 1 3 Kasikornbank 13.890 2 5 Thai Military Bank 11.107 3 4 Siam Commercial Bank 10.945 4 2 Bangkok Bank 9.893 5 1 Krungthai Bank 9.148 1 Kasikornbank 4.624 2 Thai Military Bank 3.827 3 Siam Commercial Bank 3.615 4 Krungthai Bank 3.421 5 Bangkok Bank 3.420 1 Kasikornbank 4.711 2 Thai Military Bank 3.882 3 Siam Commercial Bank 3.747 4 Bangkok Bank 3.250 5 Bank of Ayudhya 3.016 1 Kasikornbank 4.554 2 Siam Commercial Bank 3.582 3 Thai Military Bank 3.398 4 Bangkok Bank 3.223 5 Bank of Ayudhya 2.881

vietnam 1 2 ANZ 12.600 2 1 Citi 11.125 3 3 HSBC 9.550 4 BNP Paribas 7.765 5 4 Standard Chartered 6.572 1 ANZ 4.351 2 Citi 3.741 3 JP Morgan 3.573 4 BNP Paribas 3.554 5 HSBC 3.436 1 ANZ 3.843 2 Citi 3.668 3 HSBC 3.148 1 ANZ 4.406 2 BNP Paribas 4.211 3 Citi 3.716 4 Standard Chartered 3.361 5 HSBC 2.966 1 1 BIDV 13.589 2 Sacombank 10.823 3 HD Bank 10.682 4 3 Vietinbank 10.612 5 2 Vietcombank 9.559 1 BIDV 4.530 2 Sacombank 3.785 3 Vietinbank 3.562 4 HD Bank 3.471 5 Vietcombank 3.276 1 BIDV 4.534 2 HD Bank 3.791 3 Sacombank 3.628 4 Vietinbank 3.494 5 Vietcombank 3.100 1 BIDV 4.524 2 Vietinbank 3.556 3 HD Bank 3.420 4 Sacombank 3.410 5 Vietcombank 3.183 2014 FX Poll Methodology In the 24th annual FX Poll, Asiamoney invited senior management, senior treasury and financial executives from listed companies, SMEs, banks, fund management firms and other financial institutions to participate. A total of 4,853 individual responses were received, however 244 were made void due to their failure to fulfill the auditing requirements. The 4,609 valid responses came from 4,238 different companies: 3,613 corporates and 625 financial institutions. In the questionnaire, respondents were asked to rate their top five FX providers in Asia-Pacific (where FX trading transactions were mainly held) for the following categories: FX Products and Services Innovative and bespoke FX products and structured ideas Trade recommendation FX sales FX prime broking services Post-trade services, including back-office Electronic trading platform FX Options FX linked structured options Emerging market options Vanilla/1st generation exotics Competitive and prompt spot pricing Competitive and prompt forward pricing Competitive option pricing FX Research & Market Coverage Macroeconomic research Global FX research Asian FX research Technical analysis Quantitative modeling Forecasts and trade recommendations Flow analysis FX (vanilla) options for Asian currencies FX (vanilla) options for non-asian currencies offshore NDFs (including CNYNDF, IDRNDF, INRNDF, KRWNDF, MYRNDF, PHPNDF, TWDNDF) A one firm-one vote policy was implemented. To avoid any one respondent firm having more influence than others of equal size, multiple votes from a firm were fractioned according to the number of votes received from it. For each bank, a weighted average score is calculated across each of the categories. The weightings applied correspond to the annual FX trading volume in Asia-Pacific of the voting corporate or financial institution as disclosed by the respondent. CORPORATES Annual FX trading volume Share of votes Weighting <US$50m 36.69% 1 US$50.01m-250m 29.57% 3 US$250.01m-500m 8.15% 8 US$500.01m-1bn 8.52% 15 >US$1bn 17.07% 20 FINANCIAL INSTITUTIONS Annual FX trading volume Share of votes Weighting <US$1bn 48.71% 1 US$1.01bn-10bn 20.06% 3 US$10.01bn-25bn 7.55% 8 US$25.01bn-50bn 5.89% 15 >US$50bn 17.79% 20 Asiamoney would like to thank those who helped design the questionnaire, as well as all respondents for taking the time to complete and return it. For extended results please visit the Asiamoney website, www.globalcapital.com. For bespoke analytical results and a more specific breakdown of data please contact anthony.chan@asiamoney.com.