The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been voted the Market Leader in Bangladesh for nine consecutive years, as well as the Best for Service in Bangladesh for three years in a row in the Euromoney Cash Management Survey 2020.
Commenting on the country wins, Md Mahbub ur Rahman, chief executive officer at HSBC Bangladesh said, "We are humbled by this recognition which is a testament to the trust our clients put on us to support their businesses on a daily basis."
"We will continue to offer our clients the best insight and solutions to enable businesses to be resilient and thrive in these unprecedented times," he added.
Kevin Green, country head of wholesale banking, HSBC Bangladesh said, "This award is a testament to the team's hard work to ensure that our services and processes have been up and running throughout the pandemic. As we approach 2021 with positivity and purpose, this award inspires us to keep the momentum going to serve our clients with even greater determination."
Euromoney had more than 33,000 respondents to this year's survey-- a 25% rise on last year and the highest in the survey's history.
HSBC has also been named the Best Global Cash Manager by Corporates in the Euromoney Cash Management Survey 2020, for the ninth consecutive year. The Bank also retained its number one rankings in Asia-Pacific and the Middle East, and were named number one regional cash manager for corporates in North America.
In addition to the Bangladesh win, the bank has been awarded the number one slot in 22 markets. It retained its number one position in the US, UK, Canada and Australia, amongst others. It has also moved up to number one in the rankings in Mexico, Hong Kong, Egypt, Ireland and Sri Lanka.