HSBC has been voted as the Best Domestic Cash Manager in Malaysia for 2019 by Euromoney. It is the third consecutive year HSBC has been recognised for its outstanding services in the Liquidity and Cash Management industry and also, a first as the Best Cash Management Bank for Service in Malaysia.
Shayan Hazir, Head-GLCM, HSBC Malaysia said, “This award is a tribute to our cash management capabilities and further underscores our market leadership in this segment. We will endeavour to uphold the trust that our clients have in us. We remain committed to being customer centric and continue to invest in enhancing our suite of digital cash management solutions that enhance the efficiencies of the finance and treasury functions of our customers. I would like to thank the team for their efforts and commitment, which is reflected in the Bank being consistently awarded this accolade.”
Reflecting on the accolade, Andrew Sill, Head-CMB, HSBC Malaysia said, “We have continued to invest in enhancing our digital cash management capabilities in order to support our clients. I am delighted with the team’s efforts in maintaining this accolade for 3 years and I am confident that we will continue this momentum in order to set new standards for the market in the digital era.”
The poll recognises leadership in cash management through the polling of banks’ corporate and institutional clients.
Treasury and finance professionals in Malaysia were asked to indicate which banks they currently use for their cash management services. They were then asked to rate the services provided by their lead cash management bank across various categories, such as the effectiveness of their cash management solutions, quality of service and support, sophistication of banking technology and systems security.