HSBC voted best cash management bank in Bahrain and the Middle East

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

HSBC Bahrain has been voted the top cash management bank by corporates for the 11th consecutive year in the annual Euromoney Cash Management Survey.

“This accolade demonstrates our customers’ confidence in our cash and liquidity management services as well as our broader role as their banking partner, which is particularly important during these difficult times.

It also demonstrates the value of our investment in digital, which has ensured that our cash management platform is market-leading at a local, regional and global level,” said Chris Russell, CEO of HSBC in Bahrain.

The bank was also voted the No: 1 for cash management by corporates across the entire Middle East region.

Noor Adhami, HSBC’s Head of Global Liquidity and Cash Management in the Middle East, North Africa and Turkey, said: “This year’s achievement is special because not only has HSBC been voted by the market as the leading bank for cash management in the Middle East but we have also come top in each of the five service categories - personnel, service, tech provisions, financial facilities and business functions - and was awarded the overall best service award for the region.”

In 2020, HSBC Bahrain expanded its digital offering for corporates and introduced a range of digital solutions to help them stay better connected to their finances.