HSBC recognised as 'Market Leader' and 'Best Service' in Bangladesh by Euromoney

The Hong kong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been voted as 'Market Leader' in Bangladesh for the 14th time and 'Best Service' in Bangladesh for the 6th time in a row, in the Euromoney Cash Management Survey 2023.

The bank has also been voted as the Asia Pacific 'Market Leader' and 'Best Service' in Non-Financial Institutions in this year's Euromoney Cash Management Survey, as well as recognised in multiple categories across the region.

This survey is conducted by the leading global business and finance-focused magazine Euromoney. With an average response base of around 30,000 corporate respondents, this is one of the most authoritative and comprehensive rankings available. The awards evidently indicate HSBC's leadership in the cash management space in the country.

Commenting on the country wins, Devesh Mathur, Acting CEO, HSBC Bangladesh said, "Winning the Awards as the 'Market Leader' and the 'Best Service' bank in the country, voted by our customers is a resounding endorsement of HSBC's commitment to our customers and our ability in offering bespoke financial solutions."

He expressed heartfelt gratitude to their customers, regulators, and industry stakeholders for their indispensable support.

Gerard Haughey, Managing Director and Head of Wholesale Banking, HSBC Bangladesh added, "This award is especially meaningful for us as it is direct recognition from our valued customers for our continued efforts to provide a superior customer experience."

HSBC Bangladesh has a wide range of liquidity management products across payables, receivables, clearing, foreign currency, liquidity, liability and investments.