Leading Financial Institution in the Asia Pacific Region
Bank Wins Prestigious Award for Transaction Banking Excellence
A leading bank in the financial industry has been recognised as the Best Transaction Bank in Asia Pacific at The Asset Triple A Treasurie Awards. The bank received this accolade for its outstanding commitment to assisting clients in succeeding in global trade corridors, particularly through its innovative Global Hausbank offering.
The Global Hausbank offering has been a key factor in the bank's success, earning it recognition for Best Structured Trade Finance, Best New Economy, and Best NBFI Bank in APAC. Ole Matthiessen, Global Head of Cash Management and Corporate Bank for APAC and MEA, expressed his pride in the bank's team and infrastructure partners, stating that they feel equally proud of this award.
The Asset, the publication that organises the awards, commented that the bank has been a steadfast partner for many CFOs and treasurers. The bank's treasury functions have been determined to transform, demonstrating its ability to improve cross-border liquidity and help companies find off-balance sheet financing solutions.
The evaluation process for the awards includes client feedback from The Asset's Annual Benchmark Survey, in-depth client interviews, and detailed awards pitches. The bank received positive feedback from clients, including leading corporates and emerging new-economy companies, through one-on-one interviews and Asset Benchmark Research's Treasury Review 2024.
In addition to the regional award, the bank also won 13 in-country bank awards, 45 best client solutions awards, two client leadership awards, and 19 individual achievement awards. The bank's website was also recognised as the Best Transaction Bank in Asia Pacific.
Matthiessen highlighted that the award is a testament to the bank's client-centric approach and coherent regional strategy. He also mentioned that the award reflects the bank's ability to understand clients' needs and empower them in their strategic treasury evolution. The bank demonstrated the ability to craft complex and bespoke solutions for clients in multiple sectors.
The bank's success in providing clients with its Global Hausbank offering has earned it a total of 84 awards at various ceremonies this year, making it a standout player in the transaction banking industry. Despite other banks receiving recognition for their achievements, the details of the Best Transaction Bank in Asia Pacific award remain unique to this bank, setting it apart from its competitors.
- The bank's excellent performance in transaction banking has been evident not only in receiving the Best Transaction Bank in Asia Pacific award but also in securing numerous accolades in the business and banking-and-insurance industry.
- The bank's success in transaction banking extends beyond the regional award, with its Global Hausbank offering aceing several categories in the finance industry, including Best Structured Trade Finance and Best New Economy Bank in APAC.
