HSBC Malaysia snapped up multiple awards as part of The Asset Triple A Treasury, Trade, SSC (Sustainable Supply Chain) and Risk Management Awards 2020 including Best Renminbi (RMB) Bank in Malaysia for the third year in a row and Best Service Provider, Cash Management in the country.
These awards are industry excellence recognitions presented annually to companies and financial institutions that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management.
The Asset also awarded HSBC Malaysia two client solution related accolades recognising stand-out implementation for clients by the bank during the review period. This included:
• Best Payments & Collections Solution for KPJ Healthcare Bhd
• Best Liquidity and Investments Solution for another client in the healthcare sector
Commenting on the Best RMB Bank win, Stuart Milne, CEO, HSBC Malaysia said, “This award is a reflection of our sustained commitment to enabling clients to capitalise on opportunities generated by the advancement of RMB internationalisation even amidst challenges brought about by Covid-19 and transformations in the global markets. Winning the title for three years in a row is a manifestation of the confidence our clients place in HSBC and we will remain dedicated to delivering on this trust”.
Reflecting on the achievements in cash management, Milne said, “Our recognition in cash management is a solid endorsement of our product capabilities, the quality of our service and the significant efforts of our sales team. This success will act as a catalyst for us to renew our focus on delivering truly innovative client centric solutions leveraging cutting edge technology and enhancing our service delivery to facilitate the growth of clients in a rapidly changing business environment”.