Leading Bank in the Asia Pacific Region by Volume of Transactions
Bank Wins 84 Awards at The Asset Triple A Treasurie Awards, Including Best Transaction Bank in Asia Pacific
The bank has made a significant mark in the financial industry, winning a record-breaking 84 awards at The Asset Triple A Treasurie Awards this year. One of the most prestigious accolades was being named the Best Transaction Bank in Asia Pacific.
Ole Matthiessen, Global Head of Cash Management and Corporate Bank for APAC and MEA, commented on the award, stating that it is a testament to the bank's client-centric approach and coherent regional strategy. Matthiessen also mentioned that the award reflects the bank's ability to understand its clients' needs and provide innovative and client-centric financing solutions across Asia Pacific.
The bank's success can be attributed to several key factors. One of these is its focus on providing mature regional footprint with strategic expansion, especially significant growth in important markets such as Japan and India. The bank executed numerous high-value deals totaling billions of USD, showcasing its deep market expertise in complex and structured financing.
Another factor is the bank's strong risk management practices that underpin the bank’s financing success and client confidence across the region. The bank's outstanding transaction banking capabilities were also highlighted, including leadership in supply chain finance, treasury, working capital management, and corporate banking. The bank was recognized for Best Supply Chain Finance Bank (ninth consecutive year), Best in Treasury and Working Capital for MNCs, and Best ESG Transaction Bank (second consecutive year).
The bank was also recognized for its excellence in service delivery in various markets within Asia. It received multiple "Best Service Provider" awards in South Korea, India, Singapore, Hong Kong, Vietnam, and Malaysia, showcasing bespoke and innovative payments, collections, trade finance, and liquidity solutions tailored to key corporate clients.
The bank's ability to craft complex and bespoke solutions for clients in multiple sectors was also demonstrated over the course of the review period. The bank was recognized for Best Structured Trade Finance, Best New Economy, and Best NBFI Bank in APAC for its Global Hausbank offering.
The evaluation process for The Asset's awards includes client feedback from the publication's Annual Benchmark Survey. The bank received positive feedback from clients, including leading corporates and emerging new-economy companies, who praised the bank's thorough understanding of local regulations and its ability to help companies find off-balance sheet financing solutions.
This understanding helped clients streamline their operations effectively, contributing to the bank's success in assisting clients in achieving success in global trade corridors. The Asset commented that the bank has been a steadfast partner for many CFOs and treasurers determined to transform their respective treasury functions.
The bank's exceptional dedication and world-class expertise, as well as its world-class infrastructure partners, were showcased by the multiple awards it received from The Asset last month. The recognition is a reflection of the bank's commitment to its clients and its goal of providing innovative and client-centric financing solutions across Asia Pacific.
The bank's success in the finance industry was further solidified by its recognition as the Best Transaction Bank in Asia Pacific, a testament to its client-centric approach and coherent regional strategy in the business landscape. The bank's innovative and client-centric financing solutions across Asia Pacific, coupled with its strong risk management practices, have contributed to its ability to win 84 awards at The Asset Triple A Treasurie Awards, including awards in key areas such as supply chain finance, treasury, working capital management, and corporate banking.
