KUALA LUMPUR, 4 November 2019 – HSBC has been voted as the Best Domestic Cash Manager in Malaysia for 2019 by Euromoney. This is the third consecutive year that HSBC has received this accolade, recognised for its outstanding services in the Liquidity and Cash Management industry in Malaysia. HSBC has been awarded for its strengths in Cash Management in previous years as well.
In addition, HSBC has also been voted as the Best Cash Management Bank for Service in Malaysia. This is the first time that the Bank has received this honour.
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.
“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.”
Shayan Hazir, Head-GLCM, HSBC Malaysia