HSBC recognised as ‘Market Leader’ in Bangladesh by Euromoney

Hongkong and Shanghai Banking Corporation Limited (HSBC) has been voted 'Market Leader' for the 13th time and the 'Best Service' for five years in a row in Bangladesh in the Euromoney Cash Management Survey 2022. 

The awards indicate HSBC's leadership in cash management in the country, said a press release. 

Commenting on the wins, Md. Mahbub ur Rahman, Chief Executive Officer of HSBC Bangladesh, said, “This recognition makes us humbled and more responsible towards our customers who had placed their confidence and trust in HSBC. We are certainly encouraged by this award and would continue to augment our propositions and bring in international service standards in this evolving technology-driven marketplace. I take this opportunity to thank our customers, regulators, and stakeholders for helping us to go for this extra mile.” 

Riaz A Choudhury, Interim Country Head of Wholesale Banking, HSBC Bangladesh added, “I would like to extend my gratitude to the clients who voted for us. These awards attest our leadership position and inspire us to fulfil our commitments to the clients for continuous improvement of products and solutions. We will continue to digitise at scale and help clients to build smarter businesses with a simpler and better informed customer experience.” 

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

HSBC has been serving its client by adopting novel technologies, the release added.