HSBC has been voted as Euromoney’s Best Cash Management Bank in the Middle East for 2011, making it the bank’s eighth win since 2003.
HSBC was also awarded Euromoney’s Best Regional Cash Management Bank for Financial Institutions in the Middle East for the first time, and it retained its title as Euromoney’s Best Cash Management Bank in Asia for 2011.
Natasha Patel, regional head of global payment and cash management, Middle East and North Africa, said, “We truly appreciate all the votes we have received. HSBC payments and cash management department has always been dedicated to delivering the best cash management solutions
to its clients.
“We provide a comprehensive range of integrated product and services from payments, collections and liquidity solutions to help clients maximize their working capital through dedicated sales, product management, implementation and customer services teams. Winning the Euromoney awards is a testament to our superior services for our customers.”
In the past nine months, HSBC has been the winner of several other awards, including Global Finance’s Best Bank for Liquidity Management in the Middle East; Best Online Cash Management in the Middle East; and Best Online Cash Management Bank in Bahrain, Qatar, Saudi Arabia and the UAE.