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HSBC retains top position


The Hongkong and Shanghai Banking Corporation Limited has retained the title of ‘Best Domestic Cash Management Bank’ in Bangladesh in the Euromoney Cash Management Survey 2013.

HSBC’s global reach and local expertise, coupled with best-in-class cash management solutions, have set it apart from its peers to win this accolade.

The bank also won ‘Best Global Cash Management Bank’ in both the Financial Institutions and Non-Financial Institutions categories for the second year running. In addition to the global recognitions, HSBC has been awarded the best regional cash management provider in Asia, Australasia, the Middle East, and for the first time, North America.

Commenting on the achievement, Chief Executive Officer of HSBC Bangladesh, Andrew Tilke, said “I am delighted that HSBC has received this award again. This re-confirms our strong commitment to deliver best-in-class cash management solutions to businesses in Bangladesh, as well as linking them to the rest of the world through our global capabilities.”

Corporate Banking Head of HSBC Bangladesh, Md. Mahbub-ur-Rahman, said “We thank our customers for putting their trust and confidence in HSBC. Our world-class cash management platform continues to achieve the competitive advantage in this space and the Euromoney award is a testament to this.”

The Euromoney survey recognises leadership in cash management across a range of markets and criteria. More than 24,000 senior finance executives, cash managers and treasurers worldwide voted to nominate the cash management banks they use most, and subsequently rate the services provided by their lead cash manager, across various categories.


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