The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been recognised as the best Cash Management Bank at the CorporateTreasurer Awards 2021, said a press release.
HSBC Bangladesh has a wide range of liquidity management products across payables, receivables, clearing and foreign currency, liquidity, liability and investments. This year the bank launched Cash Flow Forecasting tool to help clients build a more accurate picture of their future finances and manage liquidity. In addition, to support the digital banking requirements of the clients, HSBC Bangladesh has already launched smart digital propositions like: Enhanced Virtual Account, Direct Debit, eVAT, eDuty etc.The bank has invested in continuing the momentum by providing clients with more digital solutions in coming time span.
Commenting on the country wins, Md. Mahbub ur Rahman, Chief Executive Officer, HSBC Bangladesh said, “We are happy to receive the CorporateTreasurerAward and for us this is yet another international recognition in cash management area this year. Cash management will remain important area for corporates in Bangladesh as they continue to optimize the liquidity deployment. This award is the refection of the confidence they place in our products and services and will inspire us to do even better in future”
Kevin Green, Country Head of Wholesale Banking, HSBC Bangladesh added,“I am proud of HSBC Bangladesh being recognisedas the best Cash Management Bank at the CorporateTreasurer Awards 2021. We are thankful to all our clients for the achievement as it wouldn’t have been possible without their support. Thanks to HSBC Bangladesh Cash Management team for all the hard work and ability to ‘get it done’ under incredibly difficult circumstances. We will continue to digitiseat scale and help customer’sto build smarter business with a simpler and better informed customer experience.”
CorporateTreasurerannual awards recognisethe entire treasury industry.This prestigious award indicate HSBC’s leadership in the Cash Management space in Bangladesh.
