HSBC Malaysia Bags Multiple Awards From The Asset Triple A Awards

HSBC Malaysia recently scooped up a total of eight awards as part of The Asset Triple A Treasury, Trade, SSC (Sustainable Supply Chain) and Risk Management Awards 2021 including Best Renminbi (RMB) Bank in Malaysia for the fourth year in a row, Best in Treasury and Working Capital – MNCs/LLCs and Best Service Provider, Cash Management in Malaysia for the second year in a row.

These wins are a recognition of the bank’s continuous digital transformation efforts for its customers especially during a year impacted by the Covid-19 pandemic.

The Asset awarded HSBC Malaysia for five client solutions that were created jointly with the clients, using some of the latest digital technologies and solutions while keeping innovation at the heart of the initiatives.

These include:

· Best Supply Chain Solution for Proton

· Best Payments & Collections Solution for Sports Direct

· Best Payments & Collections Solution for DPO International

· Best Payments & Collections Solution for Agile Property

· Best Liquidity and Investments Solution for Silverlake Axis Group

Reflecting on the achievements received, Stuart Milne, Chief Executive Officer, HSBC Malaysia said, “We are delighted to be able to support and partner with our clients on their digital journey. As the rules of engagement evolve, we have seen and adopted an approach of “co– creation” & “co-ideation” of concepts, which alter the way we interact with our clients.”

“We are witnessing an increasing trend from being just a ‘banking solutions provider’ to assuming a role of digital financial partner, by curating bespoke cash management and supply chain solutions which address the client’s requirements. Our recognition by The Asset is a solid endorsement of our product and solution capabilities and the quality of our service,” he added.

HSBC Malaysia was recently awarded the ‘Best Digital Bank of the Year’, ‘Best Retail Online Banking Experience’ and ‘Best Retail Digital Payments Experience’ The Asset Triple A Digital Awards. HSBC Malaysia has also won the ‘Market Leader for Trade Finance in Malaysia’ and the ‘Best Service for Trade Finance in Malaysia’ by Euromoney Magazine.

These achievements are indeed a testament to HSBC leading the way in financial technology and digital innovation.

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