Leading Bank in the Asia Pacific Region by Transactions
UOB Recognized as Best Transaction Bank in Asia Pacific by The Asset Triple A Treasurer Awards
United Overseas Bank (UOB) has been honoured with the title of 'Best Transaction Bank in Asia Pacific' at the prestigious The Asset Triple A Treasurer Awards. The recognition was given for the bank's strong commitment to assisting clients in achieving success in global trade corridors.
The award showcases the exceptional dedication and world-class expertise of UOB's team and infrastructure partners. According to Ole Matthiessen, Global Head of Cash Management and Corporate Bank for APAC and MEA, the award reflects the bank's client-centric approach and coherent regional strategy.
UOB's win at the awards this year was not a one-off event. The bank walked away with a total of 84 awards, including 13 in-country bank awards, 45 best client solutions awards, two client leadership awards, and 19 individual achievement awards.
The bank was praised for helping companies find off-balance sheet financing solutions, improving cross-border liquidity, and demonstrating the ability to craft complex and bespoke solutions for clients in multiple sectors. Clients, including leading corporates and emerging new-economy companies, provided positive feedback, highlighting the bank's thorough understanding of local regulations.
The evaluation process for The Asset Triple A Treasurer Awards includes in-depth client interviews and detailed awards pitches. The Asset's evaluation process also includes client feedback from the publication's Annual Benchmark Survey.
The Asset commented that UOB has been a steadfast partner for many CFOs and treasurers determined to transform their respective treasury functions. The bank's Global Hausbank offering was also recognized in the awards last month.
While other banks and fintech firms received recognition in respective categories, the specific key achievements and services for the Best Transaction Bank in Asia Pacific as recognized by The Asset Triple A Treasurer Awards can be found on the official website or press releases of The Asset Triple A Treasurer Awards or in official bank announcements or media coverage featuring the award recipients and their cited achievements.
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UOB's success in being named 'Best Transaction Bank in Asia Pacific' highlights its significant contributions in the realm of business and finance, demonstrating the bank's expertise in crafting tailored solutions for clients across various sectors. This accolade was a result of the bank's consistent client-centric approach and coherent regional strategy, as well as its ability to provide off-balance sheet financing solutions and improve cross-border liquidity.
