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HSBC adjudged ‘Best Bank for Cash Management’ in Bangladesh
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HSBC adjudged ‘Best Bank for Cash Management’ in Bangladesh

Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been voted “Best Cash Management Bank” and “Best Cash Management Bank for Customer Service” in Bangladesh for the 15th and 15th respectively 7th time in a row in the Euromoney Cash Management Survey 2024.

This year, the multinational bank also won the ‘Best Bank for Cash Management Products’ and ‘Best Bank for Cash Management Technology’ awards for the first time for its wide range of cash management products. of cash in debts, receivables, compensation, foreign. currency, liquidity, liability and investments.

In addition, the bank was also recognized as the “Best Bank for Payment Automation” as well as in several categories in the Asia-Pacific region, according to a press release.

Md Mahbub ur Rahman, Chief Executive Officer of HSBC Bangladesh, said: “Being voted consistently by our customers reflects HSBC’s strong commitment to their success. Providing leading transaction banking services to the Bangladeshi market remains a key strategic priority for HSBC Bangladesh”.

“I sincerely thank our customers, regulators and stakeholders for their unwavering support in making these achievements possible,” he added.

Gerard Haughey, Managing Director and Head of Wholesale Banking at HSBC Bangladesh, said: “It is an honor for HSBC Bangladesh to be recognized once again as the market leader and best service provider in cash management.”

“These awards reflect the trust our customers place in us and the dedication of our teams in providing the highest standards of service, technology and products. We thank our customers for their continued support,” he added.

The Euromoney Cash Management Survey is conducted by the leading global business and finance magazine “Euromoney”.

With an average response base of 30,000 corporate respondents, this survey is one of the most respected and comprehensive rankings available.