HSBC Vietnam named best domestic cash management bank

November 03, 2012 | 15:00

(0) user say

HSBC Bank Vietnam has been declared the best domestic cash management bank in Vietnam 2012 by this year’s Euromoney Poll for a third straight year.

The good news from the most comprehensive survey of the global cash management sector went far and wide as HSBC also led the global poll for best domestic cash management bank as voted by both non-financial institutes and financial institutes.

Furthermore, it swept up right across Asia by leading the survey in Bangladesh, Brunei, Hong Kong, India, Indonesia, Japan, Malaysia, Mauritius, the Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.

“This is a fantastic achievement not just on the domestic front but on a global level,” said Nguyen Thi My Hanh, head of Global Payments and Cash Management for HSBC Vietnam.

“Once again, HSBC has raised the bar for cash management services here in Vietnam and all over the world,” said Hanh.

Now in its 12th year, the Euromoney poll recognises leadership in cash management by polling banks’ corporate and institutional clients.

This year Euromoney received 31,608 replies in total. Of these, 20,762 valid responses went into the results after data verification and validation, an increase of 33 per cent on 2011.